NOT LISTED FOR SALE

1509 7th Ave W Bradenton, FL 34205

8 Beds
4 Baths
3,394 Sq Ft
5,001 Sq Ft Lot

Last Sold August 31, 2022

Last sale price $995,000 $293 Per Sq Ft

31 Days on Market

Highlights

  • High Ceiling
  • No HOA
  • Mini Split Air Conditioners
  • Manatee High School Rated A-
  • Family Room Off Kitchen
  • Combination Dining and Living Room

About This Home

As of August 2022

*This is a fully vacant property ready for leasing*

The Fully Renovated Turn Key Riverwalk Apartments and vacation rentals includes four units, consisting of two buildings on one parcel. The property features Two, large 3 bedroom / 1 bathroom suites in the front building, and Two, 1 bedroom / 1 bathroom suites in the back building. The Riverwalk Apartments and vacation rentals are a vintage 1925 construction that has gone through a dynamic renovation from ground up! All units have had extensive interior updates from all new appliances, air conditioning systems, flooring, electrical upgrades, fans, light fixtures, new water heaters, kitchen, and bathroom upgrades. The exterior has been fully renovated from re exterior surfacing and repainting, front building hurricane windows, foundation repair and lifting. The Riverwalk Apartments are located just steps from Downtown Bradenton in Manatee County and just miles from Gulf Beaches. The proximity to downtown and the beaches makes this 4 unit rental a centralized gem for 12 month tenants or a casual vacation stay!

Contact me for an approx. pro forma and brochure showing either long term rentals or vacation rental income.

Approx. NOI for long terms rentals would be $72,000
Approx. NOI for vacation/short terms rentals would be $130,000

Last Agent to Sell the Property

Adam Doak

AMERICAN PROPERTY GROUP License #3271713 Listed on: 06/09/2022

Last Buyer's Agent

John Ye

DALTON WADE INC License #3525638

DALTON WADE INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,147

Year Built

  • Built in 1925

Lot Details

  • 5,001 Sq Ft Lot

Home Design

  • Quadruplex
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 3,394 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Mini Split Air Conditioners
  • Central Air
  • Heating Available
  • Thermostat
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units
  • 3,528 Sq Ft Building
  • Whitaker Sub Community
  • F C Whitakers Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,147

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 3394
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 3528
  • Lot Size Sq Ft: 5001
  • Directions to Property: Located just S. of Manatee Ave. and just East of the River.
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4538299?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4538299?w=Customer
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.996
  • Price per Sq Ft: 293.16
  • Close to Original List Price Ratio: 0.97549
  • Ratio: Current Price\Building Area Total: 282.03
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Thermostat
  • Foundation Details: Crawlspace
  • Total Bedrooms: 8
  • Street Number Modifier: 1509
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete, Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0302F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: C1A/UCBD
  • Parcel Number: 3359000001
  • Additional Parcels: No
  • Flood Zone Code: X500
  • Flood Zone Date: 2021-08-10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 6147
  • Tax Block: D
  • Tax Book Number: 1-220
  • Tax Lot: 6

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $995,000 -0.4% $293 / Sq Ft
07/12/2022 07/12/22 Price Changed $999,000 -2.1% $294 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $1,020,000 -- $301 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Adam Doak

    Seller's Agent in 2022

    Adam Doak

    AMERICAN PROPERTY GROUP

    (941) 923-0535

    2 in this area

    7 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    John Ye

    DALTON WADE INC

    (888) 668-8283

    1 in this area

    7 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: A4538299

Stellar MLS

APN: 33590.0000-1

Florida Manatee County Bradenton 34205

1509 7th Ave W, Bradenton, FL

This home is located at 1509 7th Ave W, Bradenton, FL 34205 since 09 June 2022. This property was built in 1925. 1509 7th Ave W is a home located in Manatee County with nearby schools including Ballard Elementary School, Manatee High School, and Martha B. King Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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