2008 53rd Avenue E, East Bradenton, FL 34203

$1,675,000
10
BD
7
BA
5,069
SqFt

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List Price
$1,675,000
MLS#
A4686129
Status
ACTIVE
Price Change
▼ $75,000 1783645932
Days on Market
181
Year built
1952
Bedrooms
10
Bathrooms
7
Living area
5,069
Area
5069
Region
Bradenton/Braden River/Lakewood Rch
Subdivision
Meadow Lakes East Sub

Property Description

No brainer SFH building site, with in-place zoning. Save yourself lengthy approvals, time wasted, just submit and build. 9/units an acre, 37000 cars a day, dead middle of everything, and an elementary school directly across the street. The property pencils out easily for raw land, comps from nearby housing stock (roughly 10+ years old) selling in the upper 400's. Would also make an solid ALF option to build. A nice bonus, the property has 7 total rentals at current. They produce roughly $5000/mo in Gross income to help offset any holding/horizontal costs along the way. No other parcel of this size exists this far west, no new construction to compete with. UPDATE!!! Now the neighboring 6 acres available as well, inquire for info.

Additional Information

Acres
6.48
Interior Features
Ceiling Fans(s)
Cooling
Central Air, Wall/Window Unit(s)
Heating
Other
Exterior Features
Awning(s), Storage
Construction
Block, Frame
Roof
Shingle
Parking
Driveway

Listing courtesy of COMPASS FLORIDA LLC.

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Calculator source: Real Geeks

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