🏡 Investment Opportunity in Bradenton, FL 🌴

Property Details:

🛏️ Configuration: 4 Bed / 4 Bath / Attached Garage
📐 Livable Area: 2,520 sqft (per tax records)
🌳 Lot Size: 13,300 sqft
🏗️ Year Built: 1975 (Wood Frame)
💰 Asking Price: $460,000
📈 ARV: $700,000
💵 EMD: $15,000
📅 COE: 7/20/24

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Property Highlights:

• 🛠️ Garage Conversion: The garage has been turned into a rental unit, featuring a bathroom. Note that the work was non-permitted and the unit currently lacks a kitchen.
• 💲 Potential Income: Great potential for rental income from the converted garage unit.
• 🌳 Spacious Lot: Large 13,300 sqft lot providing ample space for outdoor activities or future expansions.
• 🏡 Solid Structure: Built in 1975 with a sturdy wood frame.

Comparable Sales:

• 🏡 711 88th St NW: Sold for $750,000 in May 2024. Configuration: 4 beds, 2.5 baths, 2,500 sqft with an attached garage.
• 🏡 707 88th St NW: Sold for $715,000. Configuration: 4 beds, 2 baths, 2,008 sqft with an attached garage and pool.

Investment Potential:

With an ARV of $700,000 and an asking price of $460,000, this property offers significant upside potential. The non-permitted garage conversion into a rental unit provides additional rental income opportunities once properly updated and permitted.

Don’t miss out on this promising investment opportunity in a desirable Bradenton neighborhood!

For more information or to schedule a viewing, contact us today.

DISCLAIMER:

This company has a direct contract with the seller. Legal action will be taken against anyone who contacts the seller directly. The property is sold as-is, with the buyer responsible for all closing and escrow costs. Buyers must conduct their own due diligence. No guarantees are made regarding property condition, value, or benefits. This is an assignment of contract with exclusive rights to purchase. We are not brokers and do not represent the seller. Contacting the owner without our consent will result in legal action. Buyers should verify all permits and information with the city/county building department.