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Historic Wares Creek Opportunity – Two Living Spaces on an Oversized Lot Near Downtown Bradenton
If you’ve been waiting for a property with true potential, flexibility, and character, this is the one. Opportunities like this in Historic Wares Creek are becoming increasingly hard to find—especially at this price point.
Nestled beneath majestic oak trees on a rare . 22-acre lot with a beautiful side yard, this classic 1920s Craftsman bungalow offers the charm buyers dream about along with the versatility today’s market demands.
The main residence features 2 bedrooms plus a possible 3rd bedroom/flex space and 2 baths, complete with original hardwood floors, Craftsman built-ins, vintage architectural details, and the warmth only a historic home can provide.
But what truly sets this property apart is the detached two-car garage with workshop and full upstairs apartment—creating a rare opportunity for multi-generational living, guest accommodations, rental income, home office space, artist studio, or long-term investment potential.
Located just west of Downtown Bradenton in the beloved Wares Creek neighborhood, residents enjoy a true Old Florida setting with nearby kayak access to Wares Creek and the Manatee River, plus easy access to local restaurants, shops, farmers markets, and the growing downtown arts scene. Alley access and generous off-street parking add even more functionality.
The seller is currently overseeing improvements, making now the perfect time to secure this unique property before the next buyer recognizes the value and possibilities waiting here.
Historic charm. Income potential. Oversized lot. Two separate living spaces.
This is far more than just a home—it’s an opportunity to create something truly special.
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Our Executive Mortgage Banker:
Our Insurance Division:
$435,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $348,000 | $348,000 | $348,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.730% |
| Monthly Tax Payment | $292 | $292 | $292 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,084 | $2,171 | $2,842 |
| Total Monthly Payment | $2,451 | $2,538 | $3,209 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.