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1513 7th Ave W - Downtown Bradenton Multi-Family 2 Unit Apartment Building Offered at $385,000 Bradenton, FL 34205
EXECUTIVE SUMMARY
Introducing a prime redevelopment opportunity in Bradenton, FL! This multifamily property offers a prime location with an oversized lot that is approx. 10,000 sf with most neighboring lots half this size. The current masonry duplex on site would be a great fit for redevelopment or rehab project.
3 bedroom/ 2 bath upstairs & 1 bedroom/1 bath downstairs with bonus room. Zoned as T4-O, General Urban Open. Multi-Family is a permitted use on this property. The Future Land Use for this property is UCBD, Urban Central Business District. It permits 40 du/ acre or 50du/acre including the moderate income housing bonus. Hence 9 dwelling units or 11 units with moderate income housing bonus are permitted on this 0.2296 acre property.
Boasting a desirable location in the thriving Downtown Bradenton area within walking distance restaurants, Bradenton Riverwalk, Village of the Arts, and close proximity to Lecom Park.
This property gives the ability to maximize more units, while either completing a rehab to the current structure or redeveloping the site.
3 bedroom/ 2 bath upstairs & 1 bedroom/1 bath downstairs with bonus room. Zoned as T4-O, General Urban Open. Multi-Family is a permitted use on this property. The Future Land Use for this property is UCBD, Urban Central Business District. It permits 40 du/ acre or 50du/acre including the moderate income housing bonus. Hence 9 dwelling units or 11 units with moderate income housing bonus are permitted on this 0.2296 acre property.
Boasting a desirable location in the thriving Downtown Bradenton area within walking distance restaurants, Bradenton Riverwalk, Village of the Arts, and close proximity to Lecom Park.
This property gives the ability to maximize more units, while either completing a rehab to the current structure or redeveloping the site.
PROPERTY FACTS
| Price | $385,000 | Building Class | C |
| Price Per Unit | $192,500 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 2,854 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1925 |
| Zoning | T4-O - General Urban Open-Designed to promote walkable, mixed-use neighborhoods | ||
| Price | $385,000 |
| Price Per Unit | $192,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 2,854 SF |
| No. Stories | 2 |
| Year Built | 1925 |
| Zoning | T4-O - General Urban Open-Designed to promote walkable, mixed-use neighborhoods |
AMENITIES
UNIT AMENITIES
- Hardwood Floors
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 1 | - | - |
| 1+1 | 1 | - | - |
1 1
Walk Score®
Very Walkable (80)
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1513 7th Ave W - Downtown Bradenton Multi-Family
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