No brainer SFH building site, with in place zoning.


Property

Website:https://www.nestseekers.com/5610416
Address:
BRADENTON, FL 34203
Ownership: Fee Simple
Type: Unknown
Lot Size: 6.5 Acres

Financials

Price:$1,750,000
Annual Taxes:$9,565

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.

Amenities

  • Cable - Available
  • In County
  • Near Public Transit
  • Sidewalks

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of COMPASS FLORIDA LLC

BRADENTON FL 34203 USA