$440,000

Estimated payment $2,637/month

Total Views 4,463
4 Beds
2 Baths
1,500 Sq Ft
$293 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • Patio
  • Walk-Up Access
  • No HOA
  • Central Heating and Cooling System

About This Home

Income-Producing Duplex in Prime Bradenton Location! Rents have just been raised to $1,300 per side! This duplex is also located in a TIF Zone! A designated area where property taxes from increased property values (the "increment") are used to fund public improvements within that area. These improvements aim to stimulate economic development, revitalize blighted areas, and ultimately increase property values and the tax base. This 2 Bed / 1 Bath duplex offers 1,500 total sq ft of living space and is fully rented, making it a perfect turnkey investment. Each unit is individually metered for electric and water, providing low-maintenance management. Located in desirable Flood Zone X. Bonus opportunity: the two neighboring duplexes to the north and south—also owned by the seller—are available for purchase. See broker remarks for more details.

Listing Agent

Michael Korman

KORMAN REALTY LLC Brokerage Phone: 954-598-3277 License #3316647 Listed on: 05/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,739

Year Built

  • Built in 1976

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • Walk-Up Access
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Bathrooms

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Florine J. Abel Elementary School
  • Electa Arcotte Lee Magnet Middle School
  • Southeast High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,536 Sq Ft Building
  • Bayshore Gardens Community
  • Prideaux Terrace Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,739

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1500
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 1536
  • Lot Size Sq Ft: 6970
  • Tenant Pays: Electricity, Sewer, Water
  • Directions to Property: Please use GPS / Maps.
  • Status: Active
  • Street Post Direction: W
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 540399541
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 293.33
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Walk-Up
  • MFR_DockYN: 0
  • Attribution Contact: 954-598-3277
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Primary Bedroom Main Floor
  • Foundation Details: Block
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 6520/6522
  • Living Area Meters: 139.35

Exterior Features

  • Exterior Features: Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Underground Utilities, Water - Multiple Meters, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric,Water

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None
  • Development: Not in Development

Fee Information

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

Schools

  • Elementary School: Florine J. Abel Elementary
  • High School: Southeast High
  • Middle Or Junior School: Electa Arcotte Lee Magnet

Lot Info

  • Zoning: RDD4.5
  • Parcel Number: 6485700154
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 648

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 2600
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: There are no rental restrictions for the new owner/ landlord.
  • Terms Of Lease: Other

Multi Family

  • Gross Income: 31200
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Approval Process: There is no approval process. This is a non HOA community.
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 2739.06
  • Tax Book Number: 17-78
  • Tax Lot: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $2,739 $235,378 $65,025 $170,353
2023 $2,588 $220,796 $45,900 $174,896
2022 $2,299 $186,885 $45,000 $141,885
2021 $1,906 $142,456 $45,000 $97,456
2020 $1,897 $138,276 $40,000 $98,276
2019 $1,831 $135,459 $40,000 $95,459
2018 $1,617 $111,243 $25,000 $86,243
2017 $1,459 $107,900 $0 $0
2016 $1,247 $79,300 $0 $0
2015 $883 $38,400 $0 $0
2014 $883 $36,836 $0 $0
2013 $796 $29,858 $14,000 $15,858
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 For Sale $440,000 -- $293 / Sq Ft
Source: Stellar MLS

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Source: Stellar MLS

MLS Number: O6307989

Stellar MLS

APN: 64857-0015-4