Lucrative Business Opportunity. Current Annual Rents bring in $39k+/year. Directly located on State Rd 70/ 53rd Ave. Direct access to I-75 and Highway 301. Currently zoned AI, all neighboring properties are zoned PRM or GC. This property's owner did not rezone. Fast growing area in need of basic businesses to support growth. Property surrounded by nationally recognized food, gas, and necessary commodities. Single Family Residence used as an AIRBNB for the past several years. Very lucrative. Financials Available. Contact us today to arrange a private showing. This is one of the hottest areas of Bradenton. Value is in the land and location.
THE RIGHT BUYER WILL RECOGNIZE THIS RARE OPPORTUNITY! Upgraded 4/2 (public records show 3/2) Single Family Residence, located in a PRM or GC zoned street. Home zoned A1. Very professionally kept AirBnB. Monthly financials are available at request. A large residential community is located behind this house. Large lot, multi-parking pads. Two out parcels. It is fenced in with a chain link and wooden fence, with a slight break at the driveway to add a gate. Room enough in the front yard to add a circular driveway for an office or small business or keep as a passive income producer. Beautiful Flooring throughout, Plantation Shutters in some rooms, fully renovated Bathrooms, perfectly inspired Kitchen that serves a house full of guests. Outside lighting and keyless entry. NEW ROOF 2020, WATER HEATER AND HVAC 2018!
So many other great businesses line 53rd Ave E Bradenton, making this a coveted area—Aldi's, Walmart, Publix, Wawa, Marathon, Car wash, numerous restaurants and businesses.
This lot can be easily rezoned to general commercial and can house a 3000-square-foot building. The traffic is amazing, and it is located close to all of the major Area Roads and Venues: I-75, UTC Mall, Downtown Sarasota, LWR, SRQ Airport, Beaches, you name it.
This is a promising location in so many ways!
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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 | $372,000 | $372,000 | $372,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $241 | $241 | $241 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,538 | $2,472 | $3,137 |
Total Monthly Payment | $2,854 | $2,788 | $3,453 |
* 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.