2008 53rd Avenue East

Bradenton, FL 34203

$1,525,000
Last Sold Price
—
Beds
5,069 Sq. Ft.
$301 / Sq. Ft.
5,069
Sq. Ft.
$301
per Sq. Ft.

Description

SELLER OFFERING 3.25% INTEREST ONLY FOR 5 YEARS! This is the perfect inflation hedge with a huge upside kicker. This "7-door" complex consists of 3 buildings. A 5/5, a 2/1, and a 3/1. What makes this one special is it's 6.5 acres of developmental land, with over 200' of frontage on SR70, all public utilities in place, and zoned for 9!! units per acre as it sits. There is even possibility for higher density per county via rezone. There is absolutely nothing on the market of this caliber and certainly...SELLER OFFERING 3.25% INTEREST ONLY FOR 5 YEARS! This is the perfect inflation hedge with a huge upside kicker. This "7-door" complex consists of 3 buildings. A 5/5, a 2/1, and a 3/1. What makes this one special is it's 6.5 acres of developmental land, with over 200' of frontage on SR70, all public utilities in place, and zoned for 9!! units per acre as it sits. There is even possibility for higher density per county via rezone. There is absolutely nothing on the market of this caliber and certainly not this far west in the greater Manatee/Sarasota metro. Sit on it and collect the income or develop it for your own personal stamp on Bradenton real estate landscape. All tenants are happy there, some for over a decade. With respect to them, please only announced showings and no access will be granted to any of the buildings without contract.

Listing Agent

Property Details for 2008 53rd Avenue East

Subdivision Name
EUCALYPTUS HEIGHTS
Township
35
Carport Spaces
1
Waterfront
No

Location

Sold By COMPASS FLORIDA LLC, Jason Skowronski

Add your commute
LISTING UPDATED: 09/23/2022 02:48 PM

Property Details for 2008 53rd Avenue East

StatusSold
MLS #A4527237
Days on Market66
Taxes$7,381 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1952
Lot Size6.40 AC / 278,784 SF
CountyManatee County

Location

Sold By COMPASS FLORIDA LLC, Jason Skowronski

Add your commute

Building Information for 2008 53rd Avenue East

Stories-Residences7Year Built1952Building Size-Lot Size6.40 AC / 278,784 SF

Payment Calculator

$8,938 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,323

Property Taxes

$615

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2008 53rd Avenue East

Summary
Location and General Information
  • Building Area Source: Owner
  • Building Area Total: 5069.0
  • Building Area Units: Square Feet
  • Community Features: Sidewalk
  • Directions: Directly on SR70, but better entry on 20th st for parking
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Meadow Lakes East Sub
  • Unit Number: No
  • Street Number: 2008
  • Street Name: 53RD
  • Street Suffix: AVENUE
  • Street Direction Suffix: E
  • State: FL
  • City: BRADENTON
Parking
  • Carport: Yes
  • Garage: No
  • Parking Features: Driveway
Taxes and HOA Information
  • Association Fee Requirement: None
  • Association: No
  • CDD: No
  • Tax Book Number: 4-16,
  • Tax Legal Description: LOTS 1 THRU 9, LOTS 10,11 LESS RD R/W PER DESC AS FOLLOWS: THAT PART OF LOTS 10 & 11 IN EUCALYPTUS HEIGHTS IN SEC 18, AS PER PLAT THEREOF RECORDED IN PB 4 PG 16, PRMCF, LYING WITHIN 33 FT OF THE SURVEY LN OF SR 70, SEC 1316, SD SURVEY LN BEING DESC A S FOLLOWS: BEGIN AT THE NW COR OF SD SEC 18; RUN TH S 89 DEG 14 MIN 00 SEC E, 5393.25 FT TO THE NE COR OF SD SEC 18,
  • Tax Lot: 1
  • Tax Year: 2021
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 1800100109, 1800100059
  • Additional Parcels: Yes
  • Lot Features: In County, Near Public Transit
  • Lot Size Dimensions: 375 x 743
  • Parcel Number: 1800600007
  • Total Acreage: 5 to less than 10
  • Total Num Buildings: 5
  • Water Access: No
  • Water Extras: No
  • Zoning: RSF4.5
  • Living Area: 5069
  • Lot Dimensions: 375 x 743
Property and Assessments
  • Year Built Numeric: 1952
  • Flood Zone Code: AE
  • Flood Zone Date: 03-17-2014
  • Flood Zone Panel: 12081C0308E
  • Homestead: No
  • New Construction: No
  • Number Of Lots: 3
  • Public Survey Range: 18
  • Public Survey Section: 18
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Wood Frame
  • Exterior Features: Awning(s), Storage
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Other
  • Interior Features: Ceiling Fans(s)
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $37,000.00
  • Gross Income: $48,500
  • Unit Count: 3
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Pro Forma 1: 5000
  • Unit Type Type 1: 1 Bed/1 Bath
  • Unit Type Units Total 1: 5
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Pro Forma 2: 1200
  • Unit Type Type 2: 2 Bed/1 Bath
  • Unit Type Units Total 2: 1
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 3
  • Unit Type Pro Forma 3: 1400
  • Unit Type Type 3: 3 Bed/1 Bath
  • Unit Type Units Total 3: 1

Property History for 2008 53rd Avenue East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2008 53rd Avenue East

Taxable ValueLand$53,599Additions$163,911Total$217,510
Tax Record2023$3,452 ($288 / month)
Home Facts
Beds1Baths2Total Finished SqFt1,371 SqFtAbove Grade Finished SqFt1,371 SqFtStories1Lot Size71,003 SqFtStyleSingle Family ResidenceYear Built1952Year Renovated1985ZoningRSF-4.5CountyMANATEEAPN18006.0000-7

Schools near 2008 53rd Avenue East

This home is within Manatee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - PK to 8
Rating
School
Distance
Oneco Elementary School
PublicPK to 5

W. D. Sugg Middle School
Public6 to 8

Southeast High School
Public9 to 12

Manatee Charter School
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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