1616 15th St E

Bradenton, FL 34208
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3 bd, 1 ba | 1,095 sqft | Built in 1960

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List Price
$269,000

Initial Investment

$73,303

Purchase Price

$269,000

Down Payment

25%

Rent

$1,700

Total Return

$154,126

Annualized Return

25.1%

Cap Rate

5.3%

Gross Yield

7.6%

Cash Flow

-$1,144

Appreciation

9.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,881

HOA

None

Flood Risk

Not Required

This adorable bungalow features three versatile bedrooms, transform one into your dream home office, a serene yoga studio, or keep it as a cozy guest room, the choice is yours! Freshly painted inside and out with charming built-in flower boxes, extended driveway and covered parking. Your newly updated kitchen has all new cabinets with butcher block countertops, open shelving along with brand-new stainless-steel appliances. The dining area flows to and from the kitchen and into the living area.
Located minutes away from the scenic Bradenton Riverwalk, Manatee Memorial Hospital, and LECOM Park Spring Training home to the thrilling Pittsburgh Pirates baseball action. Shopping adventures await at Ellenton Premium Outlets, the pristine beaches of Anna Maria Island are just a short drive away. Recent updates also include a new roof 2024, upgraded plumbing, upgraded electrical, new flooring and baseboards and much more...Whether you seek a primary residence, or a second home, this property invites you to embrace the charm of old Florida living with modern comforts. Discover your piece of paradise by making this bungalow your own!

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$19,380

Expenses

-$3,450

Property Taxes

-$2,450

Loan Payments

-$14,624

Net Cash Flow

-$1,144

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Michael Ceparano
Agent License 3420617
FUTURE HOME REALTY INC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #U8251600
Last Updated: 07/26/2024 17:07
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