NOT LISTED FOR SALE

Estimated Value: $325,000 - $994,000

11 Beds
6 Baths
6,017 Sq Ft
$110/Sq Ft Est. Value

About This Home

Prime 6-unit multifamily community just minutes from Downtown Bradenton, featuring a desirable mix of 1-, 2-, and 3-bedroom floorplans and offering a 6.5% takeover cap rate with adjusted taxes and full expenses. Recent capital improvements include new roofs in 2018 and updated water heaters and AC systems in 2023. Additional income potential from onsite laundry and storage units. Located just 0.9 miles from the heart of Downtown Bradenton and surrounded by top attractions like LECOM Park, Pier 22, and The Bradenton Riverwalk. The property benefits from proximity to major retailers including Starbucks, Publix, Walmart, and Costco, and is 23 minutes from Sarasota–Bradenton International Airport. Situated in one of the nation’s fastest-growing metro areas with projected 10-year job growth of 44.6%, this investment offers both immediate cash flow and long-term upside. Listing includes Parcels 4374800059 and 4374800109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2023
Sold by
Bella Vita Nevada Trust
Bought by
931-937 15Th Bradenton Llc
Current Estimated Value
$659,500

Purchase Details

Closed on
May 11, 2022
Sold by
Morin Stephane B
Bought by
Simone Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2002
Sold by
Morin Stephane B
Bought by
Morin Stephane B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

Purchase History

Date Buyer Sale Price Title Company
931-937 15Th Bradenton Llc $1,057,500 --
Simone Diana $450,000 J Kevin Drake Pa
Morin Stephane B $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simone Diana $360,000
Previous Owner Morin Stephane B $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 Price Changed $1,195,000 +8.7% $199 / Sq Ft
11/19/2025 11/19/25 Price Changed $1,099,000 0.0% $183 / Sq Ft
11/19/2025 11/19/25 For Sale $1,099,000 -8.0% $183 / Sq Ft
10/28/2025 10/28/25 Pending -- -- --
10/07/2025 10/07/25 Price Changed $1,195,000 -7.7% $199 / Sq Ft
08/18/2025 08/18/25 Price Changed $1,295,000 -5.8% $215 / Sq Ft
07/28/2025 07/28/25 For Sale $1,375,000 -- $229 / Sq Ft

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 $3,055 $158,398 $50,150 $108,248
2024 $3,055 $165,404 $50,150 $115,254
2023 $3,028 $160,454 $50,150 $110,304
2022 $1,920 $141,934 $45,000 $96,934
2021 $1,524 $96,947 $30,000 $66,947
2020 $1,526 $98,571 $30,000 $68,571
2019 $1,310 $76,650 $10,000 $66,650
2018 $1,222 $71,971 $10,000 $61,971
2017 $1,027 $60,000 $0 $0
2016 $990 $60,000 $0 $0
2015 $749 $41,250 $0 $0
2014 $749 $37,000 $0 $0
2013 $733 $35,843 $8,250 $27,593
Source: Public Records

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