Jessica Fredrick - Coldwell Banker Ackley
1416 Rosslyn Drive #1
PALMETTO, FL 34221

Description

IDEAL LOCATION ON THE WEST COAST OF FLORIDA! Near Rich Educational and Cultural Attractions and only 20 a minute commute to Downtown Sarasota, 30 minutes to Sarasota-Bradenton Airport, and less than 20 minutes to Majestic Gulf Beaches. Just one home from the beautiful Manatee River this 1910 four-plex is a Great Destination for all that love the water and history. Perfect for retirement business or to add to your investment portfolio. Currently being used as long-term rentals with all four units occupied. Highest and Best Use is to convert it to an Airbnb Property. Presently producing $38,000 in annual income as long-term rentals. Sustainably Increase your ROI with short-term tenants! Many Airbnb owners enjoy an income close to 20,000 annually for a 1 bedroom home. The metal roof new in 2001, flat roof replaced in 2018. All units have interior laundry, full kitchens, private outdoor space, and original wood floors, updated plumbing, and electric. The largest unit is 4 bedrooms, 2 baths and has 2 balconies overlooking the river. 30 minutes to Downtown St. Pete, 5 minutes to Bradenton Riverwalk, so close to National Parks and much, much more! ***EXCELLENT INVESTMENT OPPORTUNITY!!!***

Details

MLS#T3132225
Sub-TypeResale
StatusActive
Year1910
Days On Site119

Features

SQ Feet5,094
Units4
Building(s)1

Market Activity 34221

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Area Information

StateFL
CountyManatee
CityPALMETTO
Zip Code34221
Area34221 - Palmetto/Rubonia
Listing VS Median (in 34221)
Price:
$699,950
low | high
Med:
$259,480
100% of Average
SqFt:
5,094
low | high
Med:
1,929
100% of Average
$ / SqFt:
$137
low | high
Med:
$135
52.104307161687% of Average
On Site:
119
low | high
Med:
137
86.861313868613% of Average
Listing Updated: 01/16/2019
MLS Number: T3132225
Listing Provided By:
Melinda Ray  of  KELLER WILLIAMS SOUTH TAMPA

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