1611 39th AVENUE E, Ellenton, FL, 34222 | $569,900

Duplex with Additional Income Potential | Two - 2 Bed, 2 Bath Units | New Roof | Fresh Paint
OCCUPANTS ARE NOT AWARE OF SALE. NO SIGN.
Clean and well maintained Duplex built in 1983 with two, 2 bedroom, 2 bathroom units, 978 sq ft under air in each unit. New roof and fresh paint completed in 2024. The duplex sits at the end of a cul-de-sac and is just minutes from Blackburn Elementary School.
Total 2, 106 Under Roof
Annual Gross Income $45, 600
Current Rental Income - $1, 900 per unit Increase Potential!
Combined 2023 Property Tax - $4, 831
Manatee Property ID 901100560 - 901100552
Flood Zone X Effective 8/10/2021
As-Is Contract Only
This home is centrally located in Ellenton FL, just a short drive north of the Sarasota Bradenton International airport and about 25 minutes to Gulf Coast beaches. St Petersburg and Tampa is 20 minutes north, across the Sunshine Skyway Bridge.
1611 & 1613 39th Ave. Dr. E. Ellenton FL 34222

Features

  • Bedrooms: 4
  • Units: 2
  • Laundry: Inside
  • Year Built: 1983
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,956
  • Acreage: 0.28
  • Est. Taxes: $4,831
  • Lot Desc: Cul-De-Sac
  • Elem. School: Blackburn Elementary
  • Middle School: Buffalo Creek Middle
  • High School: Palmetto High
  • Lease Terms: >6 Months <12
  • MLS#: A4621253
  • Days on Market: 39 days
  • Website: https://www.raveis.com
    /prop/A4621253/161139thavenuee_ellenton_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/9/2024 5:07:19 PM)
Listing courtesy of FLORIDA LIFE REAL ESTATE AGENCY INC   Phone: 941-809-1318

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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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1611 39th AVENUE E, Ellenton, FL, 34222

$569,900

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 $455,920 $455,920 $455,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.042% 6.160%
Monthly Tax Payment $403 $403 $403
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,033 $2,995 $3,845
Total Monthly Payment $3,528 $3,490 $4,340

* 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.