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1003 3rd Street W

Bradenton, FL 34205

1 bed
2 baths
1,968 sqft
5,184 sqft lot
$285 per sqft
1949 build
– on site

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Income producing 5-PLEX...8.25% cap AS IT SITS, with significant upside. With a small rent bump you're in the 9 range, but also with the extreme upside of being in the downtown Bradenton corridor and prime for gentrification. It happening in all directions, not hard to find proof. A further bonus, it's in the Opportunity Zone for massive tax benefits longer term. All units are rented to happy tenants who wish to stay, This property is stable, and property management is avail for a reasonable rate if so desired. Tenants pay all utilities and are current with no delinquencies on file. Buy it, tuck it away for long term gains, and clip a coupon over 8% along the way. Easy as it gets.

Listing courtesy of STELLAR_MLS / COMPASS FLORIDA LLC

Last checked: Checking… • Last updated Sep 14, 2024 •

MLS# A4545835 —

The Building

Year Built:

1949
New Construction:

false
Construction Materials:

Block
Roof:

Shingle
Foundation Details:

Stem Wall
# of Buildings:

2
Building Area Units:

Square Feet

Interior

Interior Features:

Ceiling Fan(s)
Fireplace:

false

Room Dimensions

Living Area:

1968
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Corner of 3rd st and 10th ave in downtown Bradenton
Latitude:

27.490982
Longitude:

-82.565266
Coordinates:

-82.565266, 27.490982

The Property

Parcel Number:

4289900005
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Size Acres:

0.12
Lot Size Area:

5184
Lot Size SqFt:

5184
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

R3A R1D
View:

false
Exterior Features:

Other
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2021
Tax Lot:

22
Tax Legal Description:

LOT 22 BLK A J K SINGELTARY SUB PI#42899.0000/5
Tax Annual Amount:

2012.23

Beds

Bedrooms Total:

1

Baths

Total Baths:

2

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Public
Sewer:

Public Sewer

The Community

Subdivision Name:

2765; SINGLETARY ET AL
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

5

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Frontier

Provided by BroadbandNow®

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Sale history

Date	Event	Source	Price	% Change
12/1/22 Dec 1, 2022	Sold	STELLAR_MLS	$562,500	-6.3%
11/11/22 Nov 11, 2022	Pending	STELLAR_MLS	$600,000
11/7/22 Nov 7, 2022	Relisted	STELLAR_MLS	$600,000	-4.0%

Multifamily Sold on 12/1/2022

$562,500

Listing provided by broker:

Jason Skowronski

COMPASS FLORIDA LLC

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Listing Courtesy of: STELLAR_MLS and COMPASS FLORIDA LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

1003 3rd Street W

Bradenton, FL 34205