NOT LISTED FOR SALE
8 Beds
4 Baths
3,394 Sq Ft
5,001 Sq Ft Lot

Sale Details

Date Sold: August 31, 2022

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

31 Days on Market

Highlights

  • High Ceiling
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • No HOA
  • Central Air
  • Ceiling Fan

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
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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

5,001 Sq Ft Lot

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
  • 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
  • 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Aug 31, 2022
Sold by
Estrella Properties Llc
Bought by
Seller's Agent
Adam Doak
AMERICAN PROPERTY GROUP
Buyer's Agent
John Ye
DALTON WADE INC
List Price
$1,020,000
Sold Price
$995,000
Premium/Discount to List
-$25,000
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,000
Outstanding Balance
$751,796
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2020
Sold by
Simone Diana M
Bought by
Estrella Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 19, 2019
Sold by
Oppenneer Jack and Oppenneer Maureen
Bought by
Simone Diana M

Purchase Details

Closed on
Sep 21, 2012
Sold by
Fannie Mae
Bought by
Wc Equity Group Llc

Purchase Details

Closed on
Jan 9, 2012
Sold by
White Deborah L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 29, 2007
Sold by
Chakos Timothy
Bought by
White Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 2006
Sold by
Bennett Richard C
Bought by
Chakos Timothy

Purchase Details

Closed on
Sep 27, 2000
Sold by
Haller Edward W
Bought by
Bennett Richard C
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$995,000 None Listed On Document
Estrella Properties Llc $422,500 Attorney
Simone Diana M $272,000 Attorney
Wc Equity Group Llc $82,000 Attorney
Oppenneer Jack $98,400 Peer Title Inc
Federal National Mortgage Association -- Attorney
White Deborah L $400,000 Signature Title Company
Chakos Timothy $225,000 Signature Title Company
Bennett Richard C $87,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $796,000
Previous Owner Estrella Properties Llc $315,000
Previous Owner White Deborah L $320,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $15,055 $721,315 $380,800 $340,515
2025 $15,055 $817,792 $380,800 $436,992
2024 $15,105 $817,792 $380,800 $436,992
2023 $15,111 $800,819 $346,800 $454,019
2022 $7,314 $432,647 $240,000 $192,647
2021 $6,147 $325,863 $180,000 $145,863
2020 $5,424 $274,357 $180,000 $94,357
2019 $4,571 $285,824 $140,000 $145,824
2018 $4,327 $275,919 $140,000 $135,919
2017 $3,431 $202,500 $0 $0
2016 $2,990 $156,600 $0 $0
2015 $2,763 $135,000 $0 $0
2014 $2,763 $136,543 $0 $0
2013 $2,925 $143,005 $61,400 $81,605
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4538299

Stellar MLS

APN: 33590.0000-1

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