ASSUMABLE 3.75% MORTAGE and NO HOA FEES! EXCELLENT INVESTMENT OPPORTUNITY ON ANNA MARIA ISLAND! The price includes both sides of this DUPLEX, featuring 2 Bedrooms and 2 Bathrooms each. The VA loan is assumable at a favorable rate of 3.75% and you DO NOT need to be a veteran. And did mention there are no monthly HOA fees to worry about. Noteworthy recent updates include new hurricane-resistant windows and doors installed in 2023, as well as ground-level block construction and beautifully restored Terrazzo flooring throughout both units, ensuring durability and longevity. The A/C units were installed in 2022 and 2018. The kitchens and baths have been tastefully updated, with granite counters added in 2023. Additionally, there is shared laundry with a new washer on the premises, installed in 2022. The property has been freshly painted inside and out. Maintenance free gravel areas and landscaping have been added, providing ample parking for guests. The shared backyard boasts a spacious 16'3" x 8'7" swim spa/pool, installed in 2022, offering a great place for you or your guests to relax in a hot tub, exercise against the river jets, or cool off with a quick dip - you decide the temperature. The potential of this property knows no bounds and presents numerous possibilities. The current owner has gone above and beyond to create an exceptional vacation rental property that consistently generates income. Alternatively, you have the option to live in one unit while earning income from the other. Both the front and back units are nearly identical, allowing for the possibility of combining them into a spacious single home. Another potential option is to legally separate the units individually through a condominium plat, keep one for yourself and sell the other. The large lot, approximately 5,000 square feet in size, also opens doors to future expansion opportunities. Located on a quiet cul-de-sac and just 7 houses away from the powder soft sand beaches and the vibrant turquoise waters of the Gulf of Mexico. Even during the vacation season, on-off island access remains convenient along with being close to shopping, dining, grocery and entertainment. With its unique design and sought-after location, this multi-family property offers an excellent opportunity for immediate income and/or living your island life dream. Don't miss out on this exceptional income-generating gem!
Property Type(s):
Single Family
|
Last Updated
|
4/3/2024
|
Tract
|
ILEXHURST
|
|
Year Built
|
1971
|
Community
|
34217 - Holmes Beach/Bradenton Beach
|
|
County
|
Manatee
|
SCHOOLS
| Elementary School |
Anna Maria Elementary |
| Jr. High School |
Martha B. King Middle |
| High School |
Manatee High |
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer |
| AREA |
34217 - Holmes Beach/Bradenton Beach |
| BUYER'S BROKERAGE COMPENSATION |
3% |
| CONSTRUCTION |
Block |
| EXTERIOR |
Outdoor Shower, Storage |
| HEAT |
Electric |
| INTERIOR |
Eat-in Kitchen, Stone Counters |
| LOT |
4792 sq ft |
| LOT DESCRIPTION |
Cul-de-sac, Near Public Transit, Paved |
| LOT DIMENSIONS |
50x100 |
| POOL |
Yes |
| POOL DESCRIPTION |
Above Ground, Private |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
Traditional |
| SUBDIVISION |
ILEXHURST |
| TAXES |
6812.16 |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Trees/Woods |
| WATER |
Public |
| ZONING |
R1 |
Location
Listing provided by Randee Long, MICHAEL SAUNDERS & COMPANY, 941-388-4447
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 4/29/24 5:25 AM PDT.
This IDX solution is (c) Diverse Solutions 2024.
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