107 8th Street S, Bradenton Beach, FL 34217

$5,390,000
5,734
SqFt
List Price
$5,390,000
Status
Active
Days on Market
246
Price Change
▼ $100,000 1623781273
MLS#
A4486416
Property Style
Multi-Family
Year Built
1940
Living Area
5,734
Lot Size
10,032
Acres
0.23
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
N/A
MLS Area Major
Holmes Beach/Bradenton Beach

Property Description

This is an investor's dream come true! This nine-unit property is conveniently positioned in one of the most sought after and narrow location on Anna Maria Island. Perfectly located within a minute's walk to the beautiful beaches on each side. Watch the sunrise from the dock on Bay and enjoy the sunsets from the white sandy beaches only a minute away. Tucked away in a serene compound with no thru traffic ensures a truly peaceful and private location. Every unit has been completely renovated with high-quality upgrades. The kitchens, all have premium solid wood cabinets, slow returns drawers, granite tops, and new appliances! The bathrooms are adorned with granite/marble top solid wood cabinets, frameless glass shower, and tub enclosures. Even the smallest units have full and separate bedrooms and living rooms with new from floor to crown molding. All units have water filtration and UV/HEPA air purification. Most units have been upgraded and enlarged with new enclosed screen room/lanais. The property comes completely turnkey with high-quality furnishings and decor with brands including LaZBoy & Tommy Bahama. This proven rental income property has an impeccable reputation with countless five-star reviews from past renters. Many guests return year after year! The buyer will receive many bookings into the future and the seller will assist during the transition. This is a rare opportunity to own an income-producing business on a piece of paradise. Very profitable with quick and easy ROI. Professional marketing includes a new marketing video a new website, with Listings on Google, Bing, YouTube, and other top-sites! You don't want to let this one pass you by! Perfectly located within an easy 5-minute walk north to Historic Bridge St with the best restaurants, Boutique shops, Bars, Entertainment, and City Pier with dining & night fishing, Mini golf and so much more! Just minutes south of the property is Coquina Beach and the beautiful Leffis Key Preserve, which can all be accessed by the Free trolly. This is a once in a lifetime opportunity!

Additional Information

Taxes
$16000
Minimum Lease
1-7 Days
Annual Gross Income
600000
Community Features
No Deed Restriction
Zoning
R2
Utilities
BB/HS Internet Available, Cable Connected, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block, Wood Siding
Exterior Features
Other
Roof
Metal
Foundation
Slab
Pool
No Pool
Garage Features
Driveway
Flood Zone Code
AE
Parcel ID
7749900109
Legal Description
PER DECL OF CONDO REC IN OR 2030/1026 AND PER CB 33 PG 181-182

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of KELLER WILLIAMS CLASSIC GROUP.

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