2008 53rd Avenue E, East Bradenton, FL 34203
- $1,675,000
- List Price
- $1,675,000
- Status
- ACTIVE
- MLS#
- A4685981
- Price Change
- ▼ $75,000 1783645622
- Subdivision
- Meadow Lakes East Sub
Property Description
No brainer SFH building site, with in-place zoning. Save yourself lengthy approvals, time wasted, just submit and build. 9/units an acre, 37000 cars a day, dead middle of everything, and an elementary school directly across the street. The property pencils out easily for raw land, comps from nearby housing stock (roughly 10+ years old) selling in the upper 400's. Would also make an solid ALF option to build. A nice bonus, the property has 7 total rentals at current. They produce roughly $5000/mo in Gross income to help offset any holding/horizontal costs along the way. No other parcel of this size exists this far west, no new construction to compete with. UPDATE!!! Now the neighboring 6 acres available as well, inquire for info.
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Additional Information
- Acres
- 6.48
- Sewer
- Public Sewer
Listing courtesy of COMPASS FLORIDA LLC.
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