Remarkable, turn-key investment opportunity with a strong, positive cash-flow history. Four 2-bedroom 2-bath condos in Mirror Lakes, a well maintained West Bradenton development very near IMG Acadamy, 20 minutes from Anna Maria beaches and 25 minutes to downtown Sarasota. All four units are currently rented to long-term tenants. Three offer updated laminate and tile flooring, new kitchens and baths. Three are fully furnished. One unit has some carpets. Monthly rents range from $1,100 to $1,300 for a total of $4,800 per month with some upside potential. Total projected 2020 cash-flow is $26k based on actual results through August including all expenses, taxes, insurance and repairs. The seller may accept offers for one or more of these condos individually. Photos are from all four units.
Off market
$147,200
3812 59th Ave W, Bradenton, FL 34210
--beds
0baths
912sqft
Quadruplex
Built in 1984
-- sqft lot
$147,200 Zestimate®
$161/sqft
$348/mo HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
- Laundry: Inside
Features
- Ceiling Fans(s)
- Flooring: Tile, Carpet, Laminate
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 912 sqft
Property
Parking
- Parking features: Carport, On-street
Features
- Levels: One
- Patio & porch: Enclosed, Front Porch
- Exterior features: Stone, Brick
Details
- Additional parcels included: 6145501620 6145502446 6145502958
- Parcel number: 6145502305
- Zoning: RMF9
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- masonry
- Roof: Composition
Condition
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public, Cable Connected, BB/HS Internet Available
Community & neighborhood
Location
- Region: Bradenton
- Subdivision: MIRROR LAKE CONDO SEC 3
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $348 monthly
- Amenities included: Tennis Court(s), Pool, Cable
Other
Other facts
- Levels: One
- Utilities: Public, Cable Connected, BB/HS Internet Available
- Appliances: Dishwasher, Refrigerator, Range, Disposal, Dryer, Washer, Exhaust Fan
- Construction Materials: Stucco, Wood Frame
- Flooring: Ceramic Tile, Laminate, Carpet
- Heating: Electric, Central
- Interior Features: Ceiling Fans(s)
- Laundry Features: Inside
- Cooling: Central Air
- Total Acreage: Non-Applicable
- Parking Features: Assigned, Guest
- Pets Allowed: Yes, Number Limit, Size Limit
- Exterior Features: Balcony, Sidewalk, Tennis Court(s)
- Property Sub Type: Quadruplex
- Property Type: Residential Income
- Roof: Shingle
- Number Of Pets: 1
- Pet Size: Small (16-35 Lbs.)
- Fireplace Features: Wood Burning
- Association Amenities: Tennis Court(s), Pool, Cable
- Community Features: Pool, Tennis Courts, Buyer Approval Required
- Patio And Porch Features: Enclosed, Front Porch
- Condo Fees Term: Monthly
- Pool Private YN: 0
- Water Access YN: 0
- Water Extras YN: 0
- Waterfront Feet Total: 0
- Waterfront YN: 0
- Water View YN: 0
- Flood Zone Code: X
- Fireplace YN: 1
- Additional Parcels YN: 1
- Public Survey Section: 16
- Number Of Lots: 4
- Year Built: 1984
- New Construction YN: 0
- Zoning: RMF9
- Living Area: 912.00
- Garage YN: 0
- Sewer: Public Sewer
- Water Source: Public
- Available For Lease YN: 1
- Association Approval Required YN: 1
- Minimum Lease: No Minimum
- Homestead YN: 0
- Lease Restrictions YN: 1
- Num Of Own Years Prior To Lse: 0
- Tax Year: 2019
- Foundation Details: Slab
- Public Survey Range: 17E
- Additional Lease Restrictions: Please confirm leasing restrictions with the property manager
- Additional Parcels Description: 6145501620 6145502446 6145502958
- Approval Process: Please confirm approval process with the property manager
- Condo Fees: 348
- List Office URL: http://ihomesearchfl.com
- Monthly Condo Fee Amount: 348
- Parcel Number: 6145502305
- Pet Restrictions: Please confirm pet restrictions with the property manager
- Subdivision Name: MIRROR LAKE CONDO SEC 3
- Tax Annual Amount: 1486.69
- Tax Book Number: 1107-1413
- Tax Legal Description: UNIT 4118 MIRROR LAKE CONDO SEC 3 PI#61455.0230/5 UNIT 4051 MIRROR LAKE CO
- Association Name: Gabriella Barone
Services availability
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Estimated market value
$147,200