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Exceptional Income-Producing Investment Opportunity in Bradenton!
Completely renovated and purpose-built for maximum rental income, this unique property is ideally located just minutes from Anna Maria Island, Downtown Bradenton, and IMG Academy—three of the area’s strongest demand drivers for both short-term and long-term rentals.
The main residence offers approximately 1, 983 SF and has been thoughtfully reconfigured into four fully independent rental units, each featuring its own private entrance, bedroom, full bathroom, living room, kitchen, dining area, and walk-in closet. None of the units are interconnected, allowing for maximum privacy and rental flexibility. All four units are fully furnished, professionally equipped, and ready to generate immediate income through Airbnb, VRBO, Booking, or traditional long-term leasing.
In addition, the property includes an approximately 500 SF detached mother-in-law suite with its own private entrance, offering a bedroom, full bathroom, kitchen, dining area, and walk-in closet. The suite has been completely remodeled and includes a refrigerator and microwave, providing an excellent opportunity for additional rental income or owner occupancy.
Designed with efficient property management in mind, the property also features a dedicated laundry building equipped with a washer and dryer, along with a large storage closet for linens, towels, and cleaning supplies. This separate laundry facility is ideal for short-term rental operations, allowing housekeeping staff to efficiently service all units, while also functioning as a convenient shared laundry facility for long-term tenants.
No expense was spared during the extensive renovation. Major improvements include:
* Brand-new roof (2024)
* Complete electrical system, including a new main electrical panel
* New plumbing throughout, including all water supply and drain lines
* New impact-style windows
* New kitchens and bathrooms
* New flooring throughout
* Fresh interior and exterior paint
* New water heater plus an additional rapid-recovery water heater
* New soffits and gutters
* New perimeter fencing
* Brand-new mini-split systems in every unit
* Security camera system
* New driveway and extensive exterior improvements
The property also offers exceptional parking and accessibility. A private rear lane provides access through an electric gate to a fully paved rear parking area accommodating up to 4 vehicles, while the oversized front driveway offers parking for approximately 6 additional vehicles, making it ideal for multiple guests or tenants.
Exceptional Income Potential! The seller estimates the property has the potential to generate a gross income over $90, 000 annually as a long-term rental investment and more than $120, 000 annually, depending on occupancy, seasonality, and professional management.
Whether you’re looking to operate a high-performing short-term rental portfolio, maximize cash flow through long-term leasing, or utilize a hybrid rental strategy, this turnkey property is uniquely positioned to deliver outstanding income potential in one of Bradenton’s most desirable investment locations.
A rare opportunity to acquire a fully renovated, turnkey, multi-unit income-producing property with immediate cash-flow potential.
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$735,000
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 | $588,000 | $588,000 | $588,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $292 | $292 | $292 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,573 | $3,713 | $4,883 |
| Total Monthly Payment | $3,957 | $4,097 | $5,267 |
* 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.