5001 34th Street West

Bradenton, FL 34207

$458,500
Price
5
Beds
2,116 Sq. Ft.
$217 / Sq. Ft.
2,116
Sq. Ft.
$217
per Sq. Ft.

Description

Great Investment property! Two units, one brilliant investment. The property features a spacious 3-bedroom, 2-bathroom unit with a potential rent of $2,500 monthly or $30,000 annually, complemented by a comfortable 2-bedroom, 2-bathroom unit with a potential rent of $1,800 monthly or $21,600 annually. Despite its classic 1980s charm, both units are equipped with essential kitchen appliances and bathroom fixtures. Whether you're an experienced investor seeking strong rental returns or looking to diversify...Great Investment property! Two units, one brilliant investment. The property features a spacious 3-bedroom, 2-bathroom unit with a potential rent of $2,500 monthly or $30,000 annually, complemented by a comfortable 2-bedroom, 2-bathroom unit with a potential rent of $1,800 monthly or $21,600 annually. Despite its classic 1980s charm, both units are equipped with essential kitchen appliances and bathroom fixtures. Whether you're an experienced investor seeking strong rental returns or looking to diversify your portfolio, this duplex promises an attractive investment proposition.
  1. Listed by David Parathundil • LOTUS REAL ESTATE LLC

Property Details for 5001 34th Street West

Subdivision Name
LAKE HILL
Township
35S
View
Trees/Woods, Water
Waterfront
Yes
Water View
Lake, Pond
Furnished
Unfurnished

Location

Listing Courtesy of LOTUS REAL ESTATE LLC, David Parathundil
Add your commute
LISTING UPDATED: 04/30/2024 12:56 PM

Property Details for 5001 34th Street West

StatusActive
MLS #T3518089
Days on Market23
Taxes$3,810 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1980
Lot Size0.19 AC / 8,276 SF
CountyManatee County

Location

Listing Courtesy of LOTUS REAL ESTATE LLC, David Parathundil
Add your commute

Building Information for 5001 34th Street West

Stories-Residences2Year Built1980Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$2,820 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,502

Property Taxes

$318

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5001 34th Street West

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Building Name Number: 5001/5003
  • Directions: Coming from 44th Ave, the property will be on your left. Coming from 53rd Ave, the property will be on your right.
  • Elementary School: Moody Elementary
  • Middle Or Junior School: Electa Arcotte Lee Magnet
  • High School: Southeast High
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Lake Hill Sub
  • Unit Number: No
  • Street Number: 5001
  • Street Name: 34TH
  • Street Suffix: STREET
  • Street Direction Suffix: W
  • State: FL
  • City: BRADENTON
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
  • Parking Features: Common, Driveway, Ground Level, Off Street, Other
Taxes and HOA Information
  • Association Approval Required: No
  • Association Fee Requirement: None
  • Association: No
  • CDD: No
  • Tax Book Number: 20-150
  • Tax Legal Description: LOT 4 ALSO 1/9TH INT IN REC AREA KNOWN AS PARCEL "A" ON PLAT LAKE HILL SUB PI#52546.0070/2
  • Tax Lot: 4
  • Tax Other Annual Assessment Amt: $0
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Additional Water Information: Lake situated on the rear of the property.
  • Lot Features: Landscaped, Level/Flat, Private, Sidewalk, Street Paved
  • Lot Size Dimensions: 70x
  • Parcel Number: 5254600702
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: Lake, Pond
  • Water Access: Yes
  • Water Extras: No
  • Zoning: RDD6
  • Living Area: 2116
  • Lot Dimensions: 70x
Property and Assessments
  • Year Built Numeric: 1980
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Number Of Lots: 1
  • Property Attached: No
  • Property Condition: Fixer
  • Public Survey Range: 17E
  • Public Survey Section: 10
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters
  • Water Source: Public
  • Num Electric Meters: 2.0
  • Num Water Meters: 2.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Exterior Features: Balcony, Other, Rain Gutters, Sidewalk, Sliding Doors
  • Foundation Details: Slab
  • Levels: One
  • Patio And Porch Features: Covered, Enclosed, Patio, Rear Porch, Screened
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Features: Lake
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 5
  • Additional Rooms: Attic
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Laminate
  • Heating: Gas
  • Interior Features: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat
  • Laundry Features: Laundry Closet
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: Yes
  • Window Features: Wood Frames
Multi Family
Multi-Family Information
  • Annual Net Income: $51,600.00
  • Gross Income: $51,600
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 3
  • Unit Type Garage Spaces 1: 0
  • Unit Type Heated Sq Ft 1: 1128
  • Unit Type Number Of Units Occupied 1: 0
  • Unit Type Pro Forma 1: 2500
  • Unit Type Type 1: 3 Bed/2 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 2
  • Unit Type Beds Total 2: 2
  • Unit Type Garage Spaces 2: 0
  • Unit Type Heated Sq Ft 2: 988
  • Unit Type Number Of Units Occupied 2: 0
  • Unit Type Pro Forma 2: 1800
  • Unit Type Type 2: 2 Bed/2 Bath
  • Unit Type Units Total 2: 1
Rental
Rental Information
  • Total Actual Rent: $4,300
  • Minimum Lease Period: 0

Property History for 5001 34th Street West

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5001 34th Street West

Taxable ValueLand$45,900Additions$272,919Total$318,819
Tax Record2023$3,810 ($318 / month)
Home Facts
Baths4Total Finished SqFt2,116 SqFtAbove Grade Finished SqFt2,116 SqFtStories1Lot Size8,276 SqFtStyleDuplexYear Built1980Year Renovated2000ZoningRDD-6CountyMANATEEAPN52546.0070-2

Schools near 5001 34th Street West

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 6
Rating
School
Distance
H. S. Moody Elementary School
PublicPK to 5

Electa Lee Magnet Middle School
Public6 to 8

Bayshore High School
Public9 to 12

Manatee School Of Arts/Sciences
CharterPK to 6

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.

Similar Homes

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5001 34th Street West is a multi-family home for sale in Bradenton, FL 34207. This property was listed for sale on April 10, 2024 by LOTUS REAL ESTATE LLC, it's currently listed at $458,500. This listing's school district is Manatee. Nearby schools include H. S. Moody Elementary School, Electa Lee Magnet Middle School and Bayshore High School. 5001 34th Street West is a 5-bed, 0-bath, 2,116 sqft multi-family home built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LOTUS REAL ESTATE LLC, David Parathundil

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.