$685,000
$695,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
8504 71ST AVENUE DR E Bradenton, FL 34202
4 Beds
4 Baths
3,070 SqFt
Key Details
Sold Price $685,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,070 sqft
Price per Sqft $223
Subdivision Acreage & Unrec
MLS Listing ID A4485050
Sold Date 02/10/21
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 2001
Annual Tax Amount $4,254
Lot Size 0.450 Acres
Acres 0.45
Property Description
One of the MOST unique properties in Bradenton. There’s really nothing quite like it. A peaceful and tranquil slice of heaven directly on the banks of the Braden River, this gated 3-unit compound is a perfect opportunity for retirees or investors. The main house is currently occupied by the owners and boasts a large first floor Master Bedroom with a King-size bed in the original log cabin that sat on the property and a large Master Bath. The second bedroom loft is overlooking the living area, a spacious gourmet eat-in-kitchen, an oversized living area with a gorgeous stone wood-burning see through fireplace in to the Main Bedroom, and a screened-in porch you will want to practically live on overlooking the river. Not only are you enveloped in lush and luxurious landscaping, pathways, live oaks, and fauna to explore, how does a lazy stroll down the Braden River on a kayak sound, leaving from your very own personal boat dock? Additionally, the Airbnb and VRBO rental potential on the two stand-alone units in the compound have historically paid the mortgage and all the expenses for all three properties. What better way to ‘semi-retire’ and still feel useful all while earning a great income stream. The two rental units are affectionately called “The Guest House” and “The Cottage”. Each has its own kitchen and full bath. The Guest House is the larger of the two and has a spacious living area separate from the bedroom. The Cottage is a little cozier and is the smaller of the two rental units. There’s also the possibility to rent all three units including the Main house and therefore, greatly increase the income stream potential. This truly is a property that must be seen to be appreciated. Southwest Florida charm at its finest. There really isn’t enough room here to list all the collateral benefits of owning this outstanding offering. This entire compound comes fully furnished except for a few personal items. A turn-key residential income property opportunity directly next door to the historic Linger Lodge! Enjoy proximity to I-75 and the best the area has to offer while being away from it all.
* Please see the attachments for historical data on the income for the rental units, the current rate for units similar to the Main house, and past yearly expenses, insurance costs, etc.
Location
State FL
County Manatee
Community Acreage & Unrec
Zoning A1/WPE/S
Direction E
Rooms
Other Rooms Loft
Interior
Interior Features Ceiling Fans(s), Central Vaccum, Kitchen/Family Room Combo, Open Floorplan, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central, Heat Pump
Cooling Central Air, Humidity Control
Flooring Ceramic Tile
Fireplaces Type Family Room, Master Bedroom, Wood Burning
Furnishings Furnished
Fireplace true
Appliance Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Water Softener
Laundry Inside, Laundry Room
Exterior
Exterior Feature Balcony, Fence, Other, Outdoor Shower, Sidewalk
Fence Wood
Community Features Water Access, Waterfront
Utilities Available Cable Connected, Electricity Connected, Public
View Y/N 1
Water Access 1
Water Access Desc River
View Trees/Woods, Water
Roof Type Shingle
Porch Covered, Patio, Porch, Screened
Attached Garage false
Garage false
Private Pool No
Building
Story 2
Entry Level Two
Foundation Crawlspace
Lot Size Range 1/4 to less than 1/2
Sewer None
Water Canal/Lake For Irrigation
Architectural Style Bungalow, Custom, Historical
Structure Type Other,Wood Frame,Wood Siding
New Construction false
Schools
Elementary Schools Braden River Elementary
Middle Schools Braden River Middle
High Schools Lakewood Ranch High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with EXP REALTY LLC