Commercial Sale Property - Multi Family in Bradenton
Listing Price: $3,500,000
Description of Property
20 Units-10 Duplexes in Bradenton This investment opportunity consists of a 20 unit / 10 duplex one story multifamily community located on a 2.12 +/- acre parcel in Bradenton, Fl. The RDD-6 zoned oversized lot is 300 feet by 308 feet deep and comprises 92,399 sf +/-. RDD-6 Residential Duplex District allows for medium density residential uses of single family and duplex development of 6 units per acre. All duplex apartments are two bedroom, one bathroom units. Each duplex building is 1,534 sf and each unit is 767 sf. The buildings are concrete block construction built in 1975. See attachment for Manatee County building permits issued on the property. This property offers immediate income with future remodeling or redevelopment potential. The property remains fully leased. Current NOI of the property is $ 234,146.00. See attachment for Income and expense spreadsheet. The property is located conveniently to shops, restaurants, offices and other amenities. The property is less than 2 miles to IMG, 1 mile to Detweilers, and a short drive to SR 70 and Tamiami Trail.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Multi Family
City: Bradenton
County: Manatee
Subdivision: Acreage
Sq. Ft. Gross: 15,340
Sq. Ft. Living Area: 15,340
Cost per (heated) sqare foot: $228
Year built: 1969
Annual Tax: $20,269
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Waterfront Info
Exterior & Construction
Construction: Block
Foundation: Slab
Floors Total: 1
Floors in Unit:
Cooling: Central Air
Heating & Fuel:
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Lot Information
Lot Size (acres): 2.12
Lot Size (sq. ft.): 92,399 square feet
Lot Dimensions: 300 x 308
Road Frontage: County Road
Legal Description & Other Information
Parcel Number: 6096500001
Zoning: RDD6
Tax Legal Desc.: BEG 45 FT S OF THE NE COR OF THE SE1/4 OF NE1/4 OF SEC 15, AND RUN TH W 2310 FT ALG THE S LN OF A GRADED RD FOR A POB, TH RUN S AND PARALLEL TO THE E LN OF SD SE1/4 OF THE NE1/4 A DISTANCE OF 300 FT, TH W A DISTANCE OF 311.65 FT, M/L, TO THE E LN OF 26TH STREET, TH RUN N 300 FT ALG THE E LN OF 26TH STREET, TH RUN E A DISTANCE OF 311.65 FT TO THE POB, LESS R/W
Section: 15
Range: 17E
Listing courtesy of SARABAY REAL ESTATE INC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.