NOT LISTED FOR SALE
6 Beds
6 Baths
2,842 Sq Ft
0.38 Acre Lot

Sale Details

Date Sold: August 13, 2021

Last sale price $383,000 $135 Per Sq Ft

2 Days on Market

Highlights

  • No HOA
  • High Speed Internet
  • Heating Available
  • Central Air

About This Home

As of August 2021

Rare Triplex available in Bradenton and priced right for quick sale! Block construction built in 1979. Professionally managed for passive income. Fully rented and ready to generate income on day 1! Two 2/2 units and one 3/2 unit. All units have separate water and electric meters. Utilities paid by tenants. Each unit is over 900 sq ft. Well maintained. New A/C for 2 units. Outside painted last year. Large lot. Nearly $40K in gross annual rents in 2020. Potential market rent is over $42K/yr with a cap rate of 6.4%. Seller holds an active Florida real estate license.

Last Agent to Sell the Property

Ernesto Sotolongo

HOMESMART License #434697 Listed on: 07/12/2021

HOMESMART

Last Buyer's Agent

Ernesto Sotolongo

HOMESMART License #434697 Listed on: 07/12/2021

HOMESMART

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,013

Year Built

  • Built in 1979

Lot Details

  • 0.38

Home Design

  • 2,842 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Parking

  • Common or Shared Parking
  • Driveway

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • 16,683 Sq Ft Lot

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, sewer, trash collection, water
  • Tax Lot 8
  • Assessor Parcel Number 5164219759

Community Details

Overview

  • No Home Owners Association
  • 2,842 Sq Ft Building
  • Do Ray Villas Subdivision Community
  • Do Ray Villas Subdivision

Building Details

  • Gross Income $39,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,013

Year Built

Built in 1979

Lot Details

0.38 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2842
  • Lot Size Acres: 0.38
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 2842
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 16683
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4504156?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4504156?w=Customer
  • Unit Count: 3
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.06418
  • Price per Sq Ft: 134.76
  • Close to Original List Price Ratio: 1.06418
  • Ratio: Current Price\Building Area Total: 134.76
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Thermostat
  • Foundation Details: Slab
  • Levels: One
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Lighting
  • Roof: Built-Up, Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common, Driveway
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RMF9
  • Parcel Number: 5164219759
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 3290
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Month-to-month and yearly leases

Multi Family

  • Gross Income: 39480
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4012.89
  • Tax Book Number: 19-107
  • Tax Lot: 8
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
08/13/2021 08/13/21 Sold $383,000 +6.4% $135 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $359,900 0.0% $127 / Sq Ft
09/21/2020 09/21/20 Rented $1,150 0.0% --
08/30/2020 08/30/20 Under Contract -- -- --
08/18/2020 08/18/20 For Rent $1,150 -- --
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
2025 $6,539 $390,059 $40,800 $349,259
2024 $6,539 $390,161 $40,800 $349,361
2023 $6,699 $395,885 $40,800 $355,085
2022 $5,674 $328,078 $40,000 $288,078
2021 $4,011 $224,302 $40,000 $184,302
2020 $4,013 $215,667 $40,000 $175,667
2019 $3,692 $193,942 $30,000 $163,942
2018 $2,693 $166,026 $20,000 $146,026
2017 $2,399 $156,000 $0 $0
2016 $2,353 $156,000 $0 $0
2015 $1,702 $81,900 $0 $0
2014 $1,702 $81,058 $0 $0
2013 $1,504 $64,019 $14,425 $49,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4504156

Stellar MLS

APN: 51642.1975-9

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