$551,000
SOLD NOV 14, 2024

1912 3rd Ave E Palmetto, FL 34221

-- Bed
-- Bath
6,461 Sq Ft
0.41 Acres

Recently Sold

$85 Per Sq Ft

37% Below List Price

25 Days on Market

Highlights

  • 0.41 Acre Lot
  • Central Air
  • Heating Available
  • No HOA

About This Home

As of November 2024

8 Unit multi-family investment property being sold to convert Trust assets to cash. Property needs work and list price reflects appraised value (as of JUL 2024). New roof in 2020; new HVAC in 2019 (county records). All but 1 unit is rented. Exterior visual inspection authorized, interior inspections will be allowed during due-diligence period. Revenue & Expense Summary in attachments. All information included in the listing is believed to be accurate and true but is not warranted or guaranteed. This information should be independently verified before any person enters into a transaction based upon it. Lender Pre-Approval letter and/or proof of funds must accompany all offers to be considered.

Last Agent to Sell the Property

Jude Creamer

HOMESMART Brokerage Phone: 407-476-0461 License #3440323 Listed on: 08/26/2024

HOMESMART

Last Buyer's Agent

Jude Creamer

HOMESMART Brokerage Phone: 407-476-0461 License #3440323 Listed on: 08/26/2024

HOMESMART

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,924

Year Built

  • Built in 1954

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 127x144

Home Design

  • 6,461 Sq Ft Home
  • Fixer Upper
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 1 / 14
  • Assessor Parcel Number 2555300009

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Willis Community
  • R F Willis Of Memphis Subdivision

Building Details

  • Gross Income $78,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,924

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Fixer
  • Property Sub Type: Multi-Family
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 6461
  • Lot Size Acres: 0.41
  • New Construction: No
  • Year Built: 1954
  • Lot Size Sq Ft: 17894
  • Directions to Property: From Bradenton travel north on Hwy 41. Turn left on 17th ST E. At first street (3rd AVE e) turn right. Property on right. From Hwy 41 business split, traveling south on Hwy 41, turn right on 19th ST E. Turn right on 3rd Ave E. Property on right.
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • Escrow City: St. Pete
  • Escrow Postal Code: 33701
  • Escrow State: FL
  • Escrow Street Name: 4th Street N
  • Escrow Street Number: 136
  • List Office Head Office Key Nume: 517273774
  • RATIO Current Price By Calculate: 85.28
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 407-476-0461
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Street Number Modifier: 1912
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 600.25

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-10

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RSF6
  • Parcel Number: 2555300009
  • Additional Parcels: No
  • Lot Dimensions: 127x144
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Lot Size Square Meters: 1662

Multi Family

  • Gross Income: 78912
  • Number Of Units Total: 8
  • Total Num Buildings: 1
  • Unit Count: 8

Tax Info

  • Tax Annual Amount: 5923.65
  • Tax Block: 14
  • Tax Book Number: 1-168)
  • Tax Lot: 1

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
11/14/2024 11/14/24 Sold $551,000 -37.1% $85 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $875,500 -- $136 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jude Creamer

    Seller's Agent in 2024

    Jude Creamer

    HOMESMART

    (404) 610-2907

    3 in this area

    18 Total Sales

    Jude Creamer
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4621121

Stellar MLS
Florida Manatee County Palmetto 34221

1912 3rd Ave E, Palmetto, FL

This home is located at 1912 3rd Ave E, Palmetto, FL 34221 and is currently priced at $551,000, approximately $85 per square foot. This property was built in 1954. 1912 3rd Ave E is a home located in Manatee County with nearby schools including Palm View Elementary School, Palmetto High School, and Lincoln Memorial Academy.

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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