1513 7th Ave W - Multi-Family FOR SALE


Bradenton, FL 34205
$449,000 USD
941-923-0535
1513 7th Ave W, Bradenton, FL for Sale
$449,000 USD
Multi-Family - FOR SALE
1/20
null | Request Cap Rate

1513 7th Ave W
Bradenton, FL 34205


OVERVIEW

Introducing a prime redevelopment opportunity in Bradenton, FL! This multifamily property offers a prime location with an oversized lot that is approx. 10,000 sf with most neighboring lots half this size. The current masonry duplex on site would be a great fit for redevelopment or rehab project. 3 bedroom/ 2 bath upstairs & 1 bedroom/1 bath downstairs with bonus room. Zoned as T4-O, General Urban Open. Multi-Family is a permitted use on this property. The Future Land Use for this property is UCBD, Urban Central Business District. It permits 40 du/ acre or 50du/acre including the moderate income housing bonus. Hence 9 dwelling units or 11 units with moderate income housing bonus are permitted on this 0.2296 acre property. Boasting a desirable location in the thriving Downtown Bradenton area within walking distance restaurants, Bradenton Riverwalk, Village of the Arts, and close proximity to Lecom Park. This property gives the ability to maximize more units, while either completing a rehab to the current structure or redeveloping the site.

FOR SALE DETAILS

PRICE

$449,000 USD

PRICE/SF

$157 USD /SF

# OF UNITS

2

PRICE/UNIT

$224,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Downtown Bradenton Multi-Family

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,000 SF

ZONING

T4-O

APN/PARCEL ID

33592-0000-7

ASK ABOUT THIS PROPERTY

Adam DoakAmerican Property Group of Sarasota, Inc.More Info
941-923-0535

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Adam DoakAmerican Property Group of Sarasota, Inc.More Info
941-923-0535

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.