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4511 106th STREET W, Bradenton, FL, 34210 | $469,000
3 Bedroom / 2 Full Bath Property in Prime Location 2. 3 miles to Anna Maria Island. NO HOA RESTRICTIONS. YOU Own the Property. Would make a Great Income producing Vacation Rental. Short Term Rentals 1-7 days are permitted according to Manatee County Zoning. There are a few Vacation Rental Properties on 106th Street which are renting for $190. 00 to $275. 00 nightly. Monthly Seasonal Rentals range between $4000. 00-$7500. 00. Monthly annual rentals range between $2500. 00-3500. 00. Property has deeded water access through Boat Ramp at end of 106th Street. This Boat Ramp is a Private Boat Ramp and Sellers have installed a Shell Parking Pad for Guests with Boat Trailers and or RV's. There is plenty of parking on this 9750 Sqft Lot. Property is currently zoned for Manufactured Homes but can be converted back to Duplex lot.
Property had damage in the recent hurricanes. Owner has lower price to land value for Duplex Zoned lot with water access while he is waiting for pricing on repairs.
Seller just finished remodeling both interior and exterior with Fresh Paint, New Flooring, All New Appliances, A/C was replaced in 2021. It’s already to GO! Brand New Jacuzzi / Spa just arrived and will be included in the sale. Property is Fully Furnished and Setup for Vacation Rental: Beds, Furnishings, Plates and Dishes can all be included.
Property is currently ready to be used as Income producing Property or Single-Family Residence, But The land value is the true gem of this deal. This Property can be changed back to Duplex Zoning allowing New Owners to build out 2 New units which would both have Amazing View of the Water from the new elevation. This would allow New Owners to double their rental income.
Located directly across Cortez Road from the New Master Planned Community Peninsula Bay and a few miles west of Lake Flores. Peninsula Bay, a 359-acre site, will be home to 1950 residences and 90, 000 sqft of Commercial uses, Dry Storage for 200 boats and a wide mix of Apartments and Single-Family residences. Peninsula Bay will be the New Urbanist in design and Walkability will be the theme.
Features
- Rooms: 8
- Bedrooms: 3
- Baths: 2 full
- Lot Size: 75 x 130
- Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
- Year Built: 1978
- Garage: Boat, Driveway, Golf Cart Parking, Guest, Parking Pad, RV Parking, Tandem
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 1,248
- Acreage: 0.22
- Lot Size: 75 x 130
- Est. Taxes: $1,758
- Lot Desc: Flood Insurance Required, FloodZone, In County, Near Public Transit
- Elem. School: Sea Breeze Elementary
- Middle School: W.D. Sugg Middle
- High School: Bayshore High
- Pet Policy: Yes
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator
- MLS#: A4605826
- Days on Market: 212 days
- Website: https://www.raveis.com
/prop/A4605826/4511106thstreetw_bradenton_fl?source=qrflyer
Listing courtesy of MACHADO PROPERTY PROS Phone: 941-587-7488
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
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- Is available to meet with you in our office, your home or office, evenings or weekends
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
4511 106th STREET W, Bradenton, FL, 34210
$469,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $375,200 | $375,200 | $375,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
| Monthly Tax Payment | $147 | $147 | $147 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,496 | $2,494 | $3,217 |
| Total Monthly Payment | $2,717 | $2,715 | $3,438 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388