Sold for $340,000

$340,000

2531 8TH AVENUE W, BRADENTON, FL 34205

2beds

1baths

1,557sqft

Duplex, Multi Family

Built in 1950

-- sqft lot

$353,300 Zestimate^®

$218/sqft

$1,618 Estimated rent

Home value

$353,300

$325,000 - $385,000

$1,618/mo

Zestimate^® history

Owner options

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$1,618/mo

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$1,618/mo

Rent Zestimate^®

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$2,281/mo

Est. payment

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$2,281/mo

Est. payment

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What's special

PRICE REDUCTION! Large two bedroom, one bath duplex, located in Wares Creek. Block construction and being well maintained and in a highly desired location of Bradenton, makes this asset a solid investment. Rents are good and the tenants are long=term, but the rents are below market and offer the upside for investors. The Wares Creek Duplex is perfect for an investor or a user who could live in one half and rent out the other unit. Also available as a package are 2618 24th St Sarasota 34234 and 1003 23rd Ave W Bradenton. DO NOT ACCESS PROPERTY AND DO NOT BOTHER THE TENANTS.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1

Heating

Central, Electric

Cooling

Central Air

Appliances

Included: Range, Refrigerator
Laundry: Outside

Features

None
Flooring: Ceramic Tile
Has fireplace: No

Interior area

Total structure area: 1,557
Total interior livable area: 1,557 sqft

Property

Parking

Total spaces: 1
Parking features: Carport
Carport spaces: 1

Features

Levels: One
Stories: 1
Exterior features: Other
Fencing: Fenced

Lot

Size: 5,994 Square Feet

Details

Parcel number: 3446400008
Zoning: R-1C
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Block, Stucco
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 1950

Utilities & green energy

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

Community & HOA

Community

Pet fee: $0 monthly
Subdivision: PECKS RESUBDIVIDED

HOA

Has HOA: No

Location

Region: Bradenton

Financial & listing details

Price per square foot: $218/sqft
Tax assessed value: $312,886
Annual tax amount: $2,372
Date on market: 11/28/2023
Cumulative days on market: 55 days
Ownership: Fee Simple
Total actual rent: 1150
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
2/21/2024	Sold	$340,000-6.8%$218/sqft
Source: Stellar MLS #U8222185 Report a problem
1/28/2024	Pending sale	$365,000$234/sqft
Source: Stellar MLS #U8222185 Report a problem
1/12/2024	Price change	$365,000-2.7%$234/sqft
Source: Stellar MLS #U8222185 Report a problem
1/1/2024	Listed for sale	$375,000$241/sqft
Source: Stellar MLS #U8222185 Report a problem
12/27/2023	Pending sale	$375,000$241/sqft
Source: Stellar MLS #U8222185 Report a problem
11/28/2023	Listed for sale	$375,000+642.6%$241/sqft
Source: Stellar MLS #U8222185 Report a problem
1/2/2013	Sold	$50,500+15.9%$32/sqft
Source: Public Record Report a problem
10/25/2012	Listed for sale	$43,560-67.7%$28/sqft
Source: Coldwell Banker Residential Real Estate - Manatee #M5832687 Report a problem
5/5/2005	Sold	$135,000+107.7%$87/sqft
Source: Public Record Report a problem
6/17/1996	Sold	$65,000$42/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,760 +90.6%	$312,886 +119.9%
2024	$3,021 +9.7%	$142,307 +10%
2023	$2,753 +16%	$129,370 +10%
2022	$2,372 +11.9%	$117,609 +10%
2021	$2,120 +7.6%	$106,917 +10%
2020	$1,970 +11.8%	$97,197 +10%
2019	$1,762	$88,361 +5.9%
2018	$1,762 +4.8%	$83,456 +6.8%
2017	$1,682 +24.7%	$78,118 +7.8%
2016	$1,349	$72,474 -0.8%
2015	$1,349	$73,084 +9.6%
2014	$1,349 +7.8%	$66,660 +9%
2013	$1,251 +124974%	$61,156 -17.9%
2012	$1	$74,484 -8.3%
2011	$1	$81,234 -9.2%
2010	--	$89,477 -24.1%
2009	$2,276 -17.7%	$117,838 -11%
2008	$2,767 -12%	$132,355 -20.7%
2007	$3,144 +12.4%	$166,853 +23%
2006	$2,796 +22.3%	$135,701 +25.5%
2005	$2,286 +10.4%	$108,107 +11.7%
2004	$2,072 +136.3%	$96,810 +46.2%
2003	$877 +3.5%	$66,231 +2.4%
2002	$847 +5.6%	$64,679 +1.6%
2001	$802 +3.3%	$63,660 +3%
2000	$776	$61,806