5 Beds
5 Baths
1,983 SqFt
5 Beds
5 Baths
1,983 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,983 sqft
Price per Sqft $370
Subdivision Bears Sub
MLS Listing ID TB8527774
Bedrooms 5
Full Baths 5
HOA Y/N No
Year Built 1951
Annual Tax Amount $3,497
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 61x131
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Completely renovated and purpose-built for maximum rental income, this unique property is ideally located just minutes from Anna Maria Island, Downtown Bradenton, and IMG Academy—three of the area's strongest demand drivers for both short-term and long-term rentals.
The main residence offers approximately 1,983 SF and has been thoughtfully reconfigured into four fully independent rental units, each featuring its own private entrance, bedroom, full bathroom, living room, kitchen, dining area, and walk-in closet. None of the units are interconnected, allowing for maximum privacy and rental flexibility. All four units are fully furnished, professionally equipped, and ready to generate immediate income through Airbnb, VRBO, Booking, or traditional long-term leasing.
In addition, the property includes an approximately 500 SF detached mother-in-law suite with its own private entrance, offering a bedroom, full bathroom, kitchen, dining area, and walk-in closet. The suite has been completely remodeled and includes a refrigerator and microwave, providing an excellent opportunity for additional rental income or owner occupancy.
Designed with efficient property management in mind, the property also features a dedicated laundry building equipped with a washer and dryer, along with a large storage closet for linens, towels, and cleaning supplies. This separate laundry facility is ideal for short-term rental operations, allowing housekeeping staff to efficiently service all units, while also functioning as a convenient shared laundry facility for long-term tenants.
No expense was spared during the extensive renovation. Major improvements include:
* Brand-new roof (2024)
* Complete electrical system, including a new main electrical panel
* New plumbing throughout, including all water supply and drain lines
* New impact-style windows
* New kitchens and bathrooms
* New flooring throughout
* Fresh interior and exterior paint
* New water heater plus an additional rapid-recovery water heater
* New soffits and gutters
* New perimeter fencing
* Brand-new mini-split systems in every unit
* Security camera system
* New driveway and extensive exterior improvements
The property also offers exceptional parking and accessibility. A private rear lane provides access through an electric gate to a fully paved rear parking area accommodating up to 4 vehicles, while the oversized front driveway offers parking for approximately 6 additional vehicles, making it ideal for multiple guests or tenants.
Exceptional Income Potential! The seller estimates the property has the potential to generate a gross income over $90,000 annually as a long-term rental investment and more than $120,000 annually, depending on occupancy, seasonality, and professional management.
Whether you're looking to operate a high-performing short-term rental portfolio, maximize cash flow through long-term leasing, or utilize a hybrid rental strategy, this turnkey property is uniquely positioned to deliver outstanding income potential in one of Bradenton's most desirable investment locations.
A rare opportunity to acquire a fully renovated, turnkey, multi-unit income-producing property with immediate cash-flow potential.
Location
State FL
County Manatee
Community Bears Sub
Area 34205 - Bradenton
Zoning R1C
Direction W
Rooms
Other Rooms Interior In-Law Suite w/Private Entry
Interior
Interior Features Thermostat, Walk-In Closet(s)
Heating Electric
Cooling Central Air
Flooring Ceramic Tile
Furnishings Negotiable
Fireplace false
Appliance Microwave, Other, Refrigerator
Laundry Laundry Room
Exterior
Exterior Feature Other, Private Mailbox
Parking Features Driveway, Open
Fence Fenced, Vinyl
Utilities Available Electricity Available, Public, Sewer Connected, Water Connected
Water Access No
Roof Type Shingle
Exposure East
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Stucco,Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "