2306 AVENUE B new

Bradenton Beach,FL 34217

$ 1650000

5 Beds

4 Baths

1768 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,768 sqft

Price per Sqft $933

Subdivision Ilexhurst

MLS Listing ID O6280154

Bedrooms 5

Year Built 1947

Annual Tax Amount $16,587

Lot Size 4,791 Sqft

Property Sub-Type Duplex

Property Description

Take advantage of this turnkey business that is on pace to gross 250k for 2024! Property also has an assumable mortgage that is at 2.625% interest rate, (700k balance, would have to use cash or a purchase heloc for the difference. This newly renovated property is one of the very few duplexes on the island, so the occupancy is at almost 100%. The property has had many upgrades since 2021 including new roof, gutters, new turf, new pool, new pool pump + heater, $50k TREX deck in 2021, tankless water heater, newly expanded driveway and rocks, new appliances, (upstairs mostly 2021, downstairs appliances 2024 including washer and dryer), flood resistant PVC walls/baseboard downstairs that can withstand a flood, 2021 electric meter and wiring, new golf cart, brand new furniture downstairs, 2021 furniture upstairs. Pollywood outdoor furniture with 30 year warranty included. The pictures of downstairs are outdated, downstairs looks much better now. property is licensed with the city and seller will property manage(optional) for 15% fee if buyer would like. airbnb link: Https://www.airbnb.com/h/entireduplexami . the total cost of dwelling, wind, and flood insurance is 12k. Utilites are low. Upstairs unit is a 2bed/1.5 ba, downstairs is a 3bed /2 full ba. Property is in flood zone but this property is higher than most of the neighbors, so property has only ever flooded 1 time and now how preventitive measures such as the PVC walls to protect if it ever did happen again.

Location

State FL

County Manatee

Community Ilexhurst

Zoning R2

Interior

Heating Central

Cooling Central Air

Laundry Laundry Closet

Exterior

Exterior Feature Rain Gutters,Storage

Pool Fiberglass,Heated,In Ground,Salt Water

Utilities Available Cable Connected,Sewer Available,Street Lights,Water Connected

Roof Type Membrane

Building

Lot Description Flood Insurance Required,FloodZone

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Concrete,Stucco,Vinyl Siding

New Construction false

New Construction false

Others

Acceptable Financing Assumable,Cash,Conventional,Private Financing Available

Listing Terms Assumable,Cash,Conventional,Private Financing Available

Special Listing Condition None

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