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Sold for $4,400,000
  • $4,400,000

    Units 912A-1018B 60TH AVENUE TERRACE W, BRADENTON, FL 34207

    2beds
    1baths
    1,472sqft
    Multi Family
    Built in 1972
    -- sqft lot
    $-- Zestimate®
    $2,989/sqft
    $1,561 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,561/mo

    Zestimate® history
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    What's special

    Separate drivewaysIndividual carportsLow insurance
    THE SUNNY ACRES Portfolio Investor Package is for sale. **** DO NOT GO ON PROPERTY. DO NOT DISTURB TENANTS*** 24 UNITS ALL OCCUPIED. Property is a contiguous property spanning nearly 3 acres that consists of 12 DUPLEXES. 3 courtyard style entrances each with 4 duplexes per entrance. Separate driveways and dead end courtyard streets. All of the units are 2 bedroom, 1 bath, with individual carports and individual laundry room/utility closet. All utilities are separately metered. Tenants pay electric, water, and internet. All units are located adjacent to one another on a large parcel in the heart of West Bradenton. Tremendous cash flow. Grosses 360k per year. Low taxes and low insurance (avg. 775$ per unit per year) makes an incredible Net ROI. All units are rented and cash flowing. Excellent quadrant with all duplexes grouped together, well kept, and top notch management company in place. Management company has set expectations and great relationship with tenants in community. Units vary in finishes. Majority are completely upgraded or moderately upgraded, and there are still several with basic or original finishes. Pictures represent the range of condition. No pics of original finishes. 1/3rd of the units recently had the exteriors painted and shutters added and one brand new entrance parking lot recently. Many NEW ACs and other miscellaneous improvements. Rents range from $1000-1650 month. Rent rolls and details available on request. Assume it as it is and collect income, continue the improvement project and build your rental return to create more income potential opportunities. The average price of duplexes is consistent with individual duplexes in the zip code that are in above average condition. The main difference is that the comparable duplexes all range from 900-1100 in gross rent and these duplexes are all renting well above those averages. Comparable duplexes are randomly located throughout town. This package is all located in one spot and you can establish and maintain consistency. Includes all of the following address on 60th Ave Terrace West Bradenton; 912A, 912B, 914A, 914B, 916A, 916B, 918A, 918B, 1004A, 1004B, 1006A, 1006B, 1008A, 1008B, 1010A, 1010B, 1012A, 1012B, 1014A, 1014B, 1016A,1016B, 1018A, 1018B. Inquire with agent with any additional questions. **** DO NOT GO ON PROPERTY. DO NOT DISTURB TENANTS**** Please. Serious inquiries only. Proof of funds required. See terms for additional instructions regarding offers, income, financing, and such.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Patoray, LLC 941-448-8971,

    FINE PROPERTIES 941-782-0000

    Bought with:

    Mia McKeehan, 3262338

    BEYOND REALTY LLC

    Source: Stellar MLS,MLS#: A4582612MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Rooms
    • Room types: Storage Rooms
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Laundry Room
    Features
    • Other
    • Flooring: Ceramic Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 2,160
    • Total interior livable area: 1,472 sqft

    Property

    Parking
    • Total spaces: 24
    • Parking features: Covered
    • Carport spaces: 24
    Features
    • Exterior features: Other
    Lot
    • Size: 2.73 Acres
    • Dimensions: 90 x 220
    Details
    • Parcel number: 6009600005
    • Zoning: RDD6
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: SUNNY LAKES ESTATES
    HOA
    • Has HOA: No
    Location
    • Region: Bradenton

    Financial & listing details

    • Price per square foot: $2,989/sqft
    • Annual tax amount: $28,102
    • Date on market: 9/25/2023
    • Cumulative days on market: 12 days
    • Listing terms: Cash,Other
    • Ownership: Fee Simple
    • Total actual rent: 29925
    • Tenant pays: Electricity, Water
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/18/2023Sold$4,400,000-8.8%$2,989/sqft
    Source: Stellar MLS #A4582612 Report a problem
    10/8/2023Pending sale$4,825,000$3,278/sqft
    Source: Stellar MLS #A4582612 Report a problem
    9/25/2023Listed for sale$4,825,000$3,278/sqft
    Source: Stellar MLS #A4582612 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Bayshore Gardens

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Blanche H. Daughtrey Elementary
    • Middle: W.D. Sugg Middle
    • High: Bayshore High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.