Coldwell Banker Realty · Lakewood Ranch, FL
2008 53RD AVENUE
For Sale · Listing #MFRA4686129

2008 53RD AVENUE

BRADENTON, FL 34203 · EUCALYPTUS HEIGHTS
$1,475,000
Price
10
Bedrooms
7
Bathrooms
5,069
Sq Ft
1952
Year Built

Overview

About this home

No brainer SFH building site, with in-place zoning. Save yourself lengthy approvals, time wasted, just submit and build. 9/units an acre, 37000 cars a day, dead middle of everything, and an elementary school directly across the street. The property pencils out easily for raw land, comps from nearby housing stock (roughly 10+ years old) selling in the upper 400's. Would also make an solid ALF option to build. A nice bonus, the property has 7 total rentals at current. They produce roughly $5000/mo in Gross income to help offset any holding/horizontal costs along the way. No other parcel of this size exists this far west, no new construction to compete with. UPDATE!!! Now the neighboring 6 acres available as well, inquire for info.

Details

Property typeMulti-Family 5+
StatusFor Sale
CountyManatee
Year built1952
Lot size6.48 acres

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