5135 MANATEE AVENUE W 2,9ab, BRADENTON, FL 34209
$749,900
Multi-Family Home 4,424 Square Feet Taxes: $7,762.00 Built in 1973 Style: 1 Level Type: Triplex Listed on 03/13/2017 MLS # A4180767

Description of 5135 MANATEE AVENUE W 2,9ab, BRADENTON, FL 34209

7.3%=+/- CAP RATE!!Cash Cow investment with long term leases and little landlord responsibility!! 3 general commercial condominium units located within The Fairway Center engihborhood strip center in great west Bradenton location directly on State Route 64, a.k.a. Manatee Avenue West. Situated with over 40,000 cars per day average annual daily traffic counts. At the traffic signaled intersection of 51st Street West and Manatee Avenue West on the south and west quadrant. Additional east or westbound access from median cut in SR64! Superb signage on pylon as well as monument signs on Manatee Ave W AND 51st Street West. Store signage on the facade is best of center, bar none. Long term leases with exceptional, reliable, long term income in place. Condo takes care of roof, site, structure, water, sewer, trash, common electric and building insurance (see details within this listing)! So easily managed this cash cow investment opportunity will ensure you satisfaction with this opportune selection. Call direct Lance direct for your viewing. Individually parceled condo units (3) comprising two tenants in the medical industry. Easy acquisition and disposition is really the potential. Excellent CAP rate and NOI!!! Includes parcels 380130/0512 & 0520 & 0157!

Directions to 5135 MANATEE AVENUE W 2,9ab, BRADENTON, FL 34209

from downtown Bradenton, go west on Manatee Avenue West to the intersection of 51st Street West. Subject is located on the south and west quadrant of the intersection.

Features of 5135 MANATEE AVENUE W 2,9ab, BRADENTON, FL 34209

Heating/Cooling

  • Ceiling fan(s)
  • Central air
  • Central heat
  • Electric heat
  • Electric water heater

Exterior

  • Block exterior
  • Brick exterior
  • Stucco exterior

Lot

  • Corner lot
  • Level lot
  • Lot acreage is: 4.50
  • Lot dimension is: 450X300
  • Lot zoned: GC
  • Oversized lot
  • Subdivision: FAIRWAY CENTER CONDO

Interior

  • Carpet
  • Ceramic tile flooring
  • Laminate flooring
  • Tile flooring

Roofing

  • Metal roof

Construction

  • Units in building(s): 3

Other

  • Condo dues: 1083
  • Pets allowed
  • Tax year: 2016

Mortgage Payments for 5135 MANATEE AVENUE W 2,9ab, BRADENTON, FL 34209

The approximate monthly Principal & Interest payment for this property would be $3,850. This payment is based on a 30-year loan at a fixed rate of 3.95 % with a down payment of $74,990. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.