$489,000 ($384.43 per sqft)

Pending

Est. Mortgage $2,377/mo *

Quick Pre-Approval

1008 16TH AVENUE W, Bradenton, FL, 34205

1008 16TH AVENUE W, Bradenton, FL, 34205

5 beds

1950

1,272 sqft

Prime Investment Opportunity in Bradenton’s Village of the Arts Located in the highly sought-after Village of the Arts, this unique property is in the process of being finalized as a legal triplex, with the current owner working with the City of Bradenton to convert the garage into a fully approved third unit. Offering flexibility for an end user to live in one unit and rent others or an investor with options for short-term, long-term, or seasonal rentals, this property presents strong income potential in a vibrant, high-demand area. Unit Breakdown: Unit 1: 2-bedroom, 1-bath featuring an updated kitchen with stainless steel appliances, laminate flooring, decorative fireplace, and in-unit laundry Unit 2: 1-bedroom, 1-bath with updated kitchen, newer central A/C (2023), and access to outdoor laundry Unit 3 (In Progress): Garage conversion into a 1-bedroom, 1-bath unit with shared outdoor laundry Positioned on just under a quarter-acre corner lot, the property offers both off-street and on-street parking, along with expansive outdoor space ideal for tenants or guests. Enjoy shaded relaxation beneath a mature oak tree, plus multiple patios in the front, rear, and behind the garage. Key Improvements: Roof replaced in 2017 A/C (Unit 2) replaced in 2023 Prime Location: 5 minutes to downtown Bradenton, shopping, and dining 10 minutes to Sarasota-Bradenton International Airport 15 minutes to downtown Sarasota Approximately 8 miles to Gulf beaches This is a rare opportunity to acquire a versatile income-producing property in one of Bradenton’s most artistic and rapidly growing neighborhoods.


Status:

Pending

Type:

Multi-family

Laundry Remarks:

Inside

Units:

2

Subdivision:

BETTS & CLARK SUB

Heating:

Other

Cooling:

Other

Lot Size:

87 x 99

Acreage:

0.2

Est. Taxes:

$4,965

Construction

Asbestos, Wood Frame

Utilities

Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Days on Market:

41

MLS #:

A4686373


Community Info

School Info

Walk Score

Yelp


Listing courtesy of WAGNER REALTY 941-955-1500