NOT LISTED FOR SALE

209 31st Ave E Bradenton, FL 34208

Samoset Neighborhood
8 Beds
4 Baths
3,432 Sq Ft
0.32 Acres

Last Sold July 09, 2020

Last sale price $399,997 $117 Per Sq Ft

4 Days on Market

About This Home

As of July 2020

Amazing investment opportunity! This 4 Plex consists of four 2 bedroom, 1 bathroom units. All units are currently occupied with rents of $995, $850, $995, and $1,100. The entire building has up-to-date maintenance and even some cosmetic upgrades. Updated kitchens, bathrooms, flooring, newer roof, newer air conditioners, and the parking lot was recently repaired and sealed. Landlord pays water. Tenants pay electricity; there are 4 separate meters. Professionally leased and managed for a smooth transition and passive income. For a virtual 3D tour and floor plan of one of the four units, please visit https://my.matterport.com/show/?m=TutZy3gfag3&mls=1

Last Agent to Sell the Property

Gabriel Reed

BRIGHT REALTY License #0676896 Listed on: 05/28/2020

BRIGHT REALTY

Last Buyer's Agent

Adam Neumeyer

M&M PROPERTY MANAGEMENT GROUP License #3305901

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,742

Year Built

  • Built in 1972

Lot Details

  • 0.32

Home Design

  • 3,432 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Additional Features

  • 0.32 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Tropical Park Community
  • Tropical Park Subdivision

Building Details

  • Gross Income $47,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,742

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3432
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 1972
  • Lot Size Sq Ft: 13721
  • Tenant Pays: Electricity
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4468137?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4468137?w=Customer
  • Unit Count: 4
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 116.55
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • 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: RMF9
  • Parcel Number: 4760810053
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 3940

Multi Family

  • Gross Income: 47280
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4741.52
  • Tax Block: A
  • Tax Book Number: 4-122
  • Tax Lot: 22

Matterport 3D Tour

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
07/09/2020 07/09/20 Sold $399,997 0.0% $117 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $399,997 +63.2% $117 / Sq Ft
08/06/2018 08/06/18 Sold $245,100 0.0% $71 / Sq Ft View Prior Sale
06/22/2018 06/22/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $245,000 -- $71 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $7,985 $497,188 $71,400 $425,788
2023 $7,727 $514,687 $71,400 $443,287
2022 $6,917 $439,018 $70,000 $369,018
2021 $5,877 $342,226 $40,000 $302,226
2020 $5,215 $290,932 $40,000 $250,932
2019 $4,742 $253,943 $20,000 $233,943
2018 $3,424 $237,345 $20,000 $217,345
2017 $2,802 $187,600 $0 $0
2016 $2,425 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gabriel Reed

    BRIGHT REALTY

    (941) 677-5060

    10 in this area

    63 Total Sales

    Gabriel Reed
    Section Image

  • A

    Buyer's Agent in 2020

    Adam Neumeyer

    M&M PROPERTY MANAGEMENT GROUP

    (941) 202-4142

    5 Total Sales

    Adam Neumeyer
    Section Image

  • M

    Seller's Agent in 2018

    Molly Brookes

    COLDWELL BANKER RESIDENTIAL CC

    (239) 994-2726

    5 Total Sales

    Molly Brookes
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4468137

Stellar MLS

APN: 47608.1005-3

Florida Manatee County Bradenton 34208 Samoset

209 31st Ave E, Bradenton, FL

Not Listed for Sale

MultiFamily

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

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