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Key Details
Sold Price $492,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,818 sqft
Price per Sqft $270
Subdivision Beau Vue Estates
MLS Listing ID A4580970
Sold Date 09/20/23
HOA Y/N No
Originating Board Stellar MLS
Year Built 1950
Annual Tax Amount $2,354
Lot Size 0.300 Acres
Acres 0.3
Property Description
T-5 zoning makes this easy for your future expansion of this property due greatly to 0-5ft setbacks and a maximum height of 5 stories. There is plenty of room to add, change, & remove. The location brings generous rent and the tremendous value of the downtown style zoning is a huge bonus. This property is a duplex but can easily feel more like a house with an attached apartment. It is located on the Bradenton Riverwalk with landscaped sidewalks and lighting for travelers of all types on bikes or whatnot to the new park and a three-story waterfront viewing platform within 15-minutes east. Or it is 5-minutes west to park amenities and downtown activities. And, the location within close proximity to Caddy's Restaurant and the new RiverWalk are superb. Attention builders, contractors and developers, this land is zoned T-5 for high density multi-story projects or expansion of existing structure. The real value for this is in the zoning and location. There is enough land on the west side to build another house and sell it off. The seller has had a 4point and wind mitigation report for the prospective buyer to ensure that insurance will be obtained at a reasonable cost. This location north of Manatee Ave is one of the most attractive areas of downtown with its recent expansions. There are brand new houses on the same street. It's tenant free duplex property that is super easy to show and start immediately with a fresh lease at today's market rents. Everything has been remodeled except the bathrooms. It has new tile and new quality vinyl plank flooring, granite counters in bathrooms, stainless appliances, and newly fenced with quality vinyl privacy fencing. Each side is separated by the fencing and feels like they have their own separate backyards. It is configured so you can park a boat in the back. Electrical new boxes with permits recently installed along with AC with permits. The larger unit has a dedicated laundry room with lots of storage and counters. The smaller unit has a stackable washer/dryer inside. There is also a brand new 2 car garage and a new driveway recently poured. This duplex does not have a shortage of parking spaces to accommodate both living units plus guests.
Location
State FL
County Manatee
Community Beau Vue Estates
Zoning C1A
Direction E
Interior
Heating Central
Cooling Central Air
Flooring Tile
Appliance Dishwasher, Microwave, Refrigerator
Exterior
Utilities Available Public
Waterfront false
Roof Type Shingle
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block, Stucco
New Construction false
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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