2306 Avenue B, Bradenton Beach, FL 34217

$1,500,000
5
BD
4
BA
1,768
SqFt

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Sold Price
$1,500,000
List Price
$1,650,000
Status
Sold
Days on Market
13
Closing Date
May 09, 2025
MLS#
O6280154
Property Style
Duplex
Year Built
1947
Bedrooms
5
Bathrooms
4
Living Area
1,768
Price per sq. ft.
933.26
Lot Size
5,001
Acres
0.11
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Ilexhurst
Community Name
Ilexhurst
MLS Area Major
Holmes Beach/Bradenton Beach

Property Description

Take advantage of this turnkey business that is on pace to gross 250k for 2024! Property also has an assumable mortgage that is at 2.625% interest rate, (700k balance, would have to use cash or a purchase heloc for the difference. This newly renovated property is one of the very few duplexes on the island, so the occupancy is at almost 100%. The property has had many upgrades since 2021 including new roof, gutters, new turf, new pool, new pool pump + heater, $50k TREX deck in 2021, tankless water heater, newly expanded driveway and rocks, new appliances, (upstairs mostly 2021, downstairs appliances 2024 including washer and dryer), flood resistant PVC walls/baseboard downstairs that can withstand a flood, 2021 electric meter and wiring, new golf cart, brand new furniture downstairs, 2021 furniture upstairs. Pollywood outdoor furniture with 30 year warranty included. The pictures of downstairs are outdated, downstairs looks much better now. property is licensed with the city and seller will property manage(optional) for 15% fee if buyer would like. airbnb link: Https://www.airbnb.com/h/entireduplexami . the total cost of dwelling, wind, and flood insurance is 12k. Utilites are low. Upstairs unit is a 2bed/1.5 ba, downstairs is a 3bed /2 full ba. Property is in flood zone but this property is higher than most of the neighbors, so property has only ever flooded 1 time and now how preventitive measures such as the PVC walls to protect if it ever did happen again.

Additional Information

Taxes
$16587
Minimum Lease Period
1-7 Days
Annual Gross Income
250000
Location
Flood Insurance Required, FloodZone
Community Features
Street Lights, No Deed Restriction
Zoning
R2
Interior Features
Ceiling Fans(s), Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Surface Counters
Appliances
Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Refrigerator, Washer
Utilities
Cable Connected, Sewer Available, Water Connected
Heating
Central
Air Conditioning
Central Air, Attic Fan
Exterior Construction
Concrete, Stucco, Vinyl Siding
Exterior Features
Rain Gutters, Storage
Roof
Membrane
Foundation
Block
Pool
Private
Pool Type
Fiberglass, Heated, In Ground, Salt Water
Garage Carport
2 Car Carport
Flood Zone Code
AE
Parcel ID
7444710052
Legal Description
LOT 17 BLK 12 ILEXHURST PI#74447.1005/2

Listing courtesy of LOKATION. 954-545-5583

Selling Office: DALTON WADE INC.

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