2008 53RD AVENUE E at

2008 53RD AVENUE E

For sale Days on market 152

$1,675,000

$330/sq ft

$75,000
Price Decreased

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Overview

Bedroom

Year Built

1952

Sqft

5069

Property Type

Multi Family (5+)

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.

Property Details

MLS#

A4686129

Address

2008 53RD

City

Bradenton

State/county

Zip/Postal Code

34203

Area

Eucalyptus Heights

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$9,365

Maint Fee

$--

Tax Year

2025

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