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4505 67th St W
Bradenton, FL 34210
Palma Sola Bay Villas · Multifamily Property For Sale · 8 Units

INVESTMENT HIGHLIGHTS

  • Strong Historic Occupancy Rates with a Trailing 3 Year Vacancy Rate Below 3% and 100% Rent Collections Rate During a Global Pandemic
  • Perfectly Positioned for a Florida Apartment Building, just a Short Drive to the Beach and NOT in a Flood Zone!
  • All Units were Renovated in 2014/2015 and Three New Electrical Panels Recently Installed (2020)
  • Favorable Unit Mix of 50% Two Bedroom / Two Bathroom Units; All Equipped with In-Unit Washer/Dryer Hookups
  • Substantial Upside Potential w/ the 2 Neighboring Apartment Complexes Having an Average Rent Per Unit $408-$475/Month Higher than Subject Property
  • Rock-Solid Masonry Construction Built in 1974 w/ the Added Benefit of Poured Concrete Sub-Flooring Between Each Floor

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.41 AC
Building Size 6,201 SF
Average Occupancy 100%
No. Stories 2
Year Built 1978
Zoning RMF9

AMENITIES

UNIT AMENITIES

  • Balcony
  • Dishwasher
  • Washer/Dryer Hookup
  • Tile Floors
  • Kitchen
  • High Speed Internet Access
  • Oven
  • Range
  • Tub/Shower
  • Wi-Fi
  • Yard
  • Dining Room
  • Family Room
  • Pantry
  • Patio
  • Vinyl Flooring

SITE AMENITIES

  • Courtyard
  • Wi-Fi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51642-1940-3
Land Assessment
$40,800
Improvements Assessment
$714,137
Total Assessment
$754,937
  • Listing ID: 21300411

  • Date on Market: 10/22/2020

  • Last Updated:

  • Address: 4505 67th St W, Bradenton, FL 34210

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