2008 53rd Avenue E, Bradenton, FL 34203

$1,675,000

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List Price
$1,675,000
Status
Active
Days on Market
138
Price Change
▼ $75,000 1783645622
MLS#
A4685981
Lot Size
278,784
Acres
6.48
Total Acreage
5 to less than 10
Legal Subdivision Name
Eucalyptus Heights
Community Name
Meadow Lakes East Sub
MLS Area Major
Bradenton/Braden River/Lakewood Rch

Property Description

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.

Additional Information

Taxes
$9565
Location
In County, Near Public Transit
Community Features
Sidewalks, No Deed Restriction
Zoning
RSF4.5
Utilities
Cable Available
Pool
No Pool
Flood Zone Code
X
Parcel ID
1800600007
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,

Listing courtesy of COMPASS FLORIDA LLC. 941-279-3630

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