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4505 3RD ST CIR W

Bradenton, FL 34207
  • $1,289,000
  • STATUS: Active
  • ON SITE: 97 Days
  • MLS #: A4514119
UPDATED: 83 min ago
$1,289,000
  • 0
    BEDS
  • 12.77
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 111,111
    SQFT
  • $12
    $/SQFT
Type:
Multi-Family
Built:
1972
County:

School Ratings & Info

Description

Investors dream! A high yield 9 unit condominium investment portfolio package that will continue to produce high yields of passive income for years to come! Located 6 miles from pristine Florida Gulf Coast Beaches at the Burgundy 2 Condominiums. This is an all age condominium and pet friendly community, the majority of units have now been renovated and are ready to provide years of solid financial return on your investment! The demand for affordable housing this package can provide years of steady returns, portfolio has 5 year history at 100% occupancy. Great Opportunity to Own a Slice of Condominiums in Paradise! Nestled in the Burgundy II All-Ages Condominium, 9 units are being bundled together. Currently getting 5.8% Cap rate, this deal is a hard deal to find in todays current market and in a great location. 7 1B/1B, 1 2B/1B, and 1 2B/1.5B.

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© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-01-26T23:43:43.953.
www.alltampalistings.com/homes/122649097
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4505 3RD ST CIR W Bradenton, FL 34207

  • Price: $1,289,000
  • Status: Active
  • On Site: 97 Days
  • Updated: 83 min ago
  • MLS #: A4514119
0
Beds
0
Baths
0
½ Baths
12.77
Acres
111,111
SQFT
$12
$/SQFT
1972
Built
Neighborhood:
Burgundy Unit Two Condominium Cb9/181
County:
Manatee
Area:
Bradenton/Fifty Seventh Avenue
Property Description
Investors dream! A high yield 9 unit condominium investment portfolio package that will continue to produce high yields of passive income for years to come! Located 6 miles from pristine Florida Gulf Coast Beaches at the Burgundy 2 Condominiums. This is an all age condominium and pet friendly community, the majority of units have now been renovated and are ready to provide years of solid financial return on your investment! The demand for affordable housing this package can provide years of steady returns, portfolio has 5 year history at 100% occupancy. Great Opportunity to Own a Slice of Condominiums in Paradise! Nestled in the Burgundy II All-Ages Condominium, 9 units are being bundled together. Currently getting 5.8% Cap rate, this deal is a hard deal to find in todays current market and in a great location. 7 1B/1B, 1 2B/1B, and 1 2B/1.5B.
Exterior Features

Carport Yn No Construction Materials BlockConcrete Covered Spaces 0 Exterior Features Rain GuttersSidewalkSliding DoorsTennis Court(S) Foundation Details Slab Open Parking YN No Patio And Porch Features Enclosed Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 111111 Cooling Central Air Cooling YN Yes Fireplace Yn No Heating Central Heating YN Yes Interior Features Ceiling Fans(S)Crown Molding Sewer Public Sewer Water Source Public

Property Features

Annual Net Income 68000 Association Approval Required Yn No Association Fee Requirement None Association Yn No Cdd Yn No Condo Fee Monthly Amount 2115 Condo Fees 2115 Condo Fees Term Monthly DPR No Flood Zone Code Ae Garage Yn No Lease Considered YN Yes Lease Restrictions YN No Lease Term 12 Months New Construction Yn No Number Of Owned Years Prior To Lease 0 Ownership Condominium Property Sub Type Multi-Family Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Burgundy Condominium Tax Annual Amount 6697.21 Total Annual Fees 25380 Total Monthly Fees 2115 Utilities Electricity ConnectedSewer ConnectedWater Connected Yrs Of Owner Prior To Leasing Re No Zoning Rmf-9


Listing information © 2022 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Exit King Realty.



© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-01-26T23:43:43.953.
 
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Signature Realty Associates
1709 Bloomingdale Ave
Valrico FL, 33596