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STACY WEINGARTEN

stacy.weingarten@joinreal.com +1(941) 432-4141

$1,599,900

Est. payment - /mo

72 Beds

72 Baths

784 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 784 sqft

Price per Sqft $2,040

Subdivision Pine Villas

MLS Listing ID TB8521537

Bedrooms 72

HOA Fees $270/mo

HOA Y/N Yes

Annual Recurring Fee 3240.0

Year Built 1980

Annual Tax Amount $1,720

Lot Size 1.160 Acres

Acres 1.16

Property Sub-Type Duplex

Source Stellar MLS

Property Description

8-unit multifamily investment portfolio located within an established condominium community consisting of only 10 total units on Ho Wil Lane in Bradenton, Florida. Based on seller-provided financial information, the portfolio is currently fully leased and generates approximately **$159,180** in annual gross rental income with an estimated **Net Operating Income (NOI) of $118,514**. Buyers are encouraged to independently verify all financial information during their due diligence.

Each unit features a private laundry room, attached carport, and enclosed Florida room, providing additional functional living space and enhancing tenant appeal. Future improvements or modifications are subject to buyer verification and any required approvals.

Tenants are responsible for utilities, helping to reduce operating expenses. Ideally located near shopping, dining, Sarasota-Bradenton International Airport, downtown Bradenton, and the Gulf Coast beaches.

Financial statements, current rent roll, lease summaries, and additional property information are available to qualified buyers upon request. Seller may consider selling the units individually following the initial portfolio marketing period.

Location

State FL

County Manatee

Community Pine Villas

Area 34207 - Bradenton/Fifty Seventh Avenue

Zoning RMF9

Interior

Interior Features Open Floorplan

Heating Central

Cooling Central Air

Fireplace false

Laundry Laundry Room

Exterior

Exterior Feature Fence

Utilities Available Electricity Available, Sewer Available, Water Available

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1 to less than 2

Sewer Public Sewer

Water Public

Structure Type Stucco

New Construction false

Schools

Elementary Schools Oneco Elementary

Middle Schools W.D. Sugg Middle

High Schools Southeast High

Others

Pets Allowed Cats OK, Dogs OK

Senior Community No

Ownership Condominium

Monthly Total Fees $270

Membership Fee Required Required

Special Listing Condition None

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Listed by Yein Ross ROSS RENTALS LLC

4808 HO WIL LN Bradenton, FL 34207

STACY WEINGARTEN

Key Details

Location

Interior

Exterior

Building

Schools

Others

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