tomo logo

$385,000

Beds
3
Baths
2.0
sq ft
1,626

5162 11th St E, Bradenton, FL 34203

5162 11th St E

BRADENTON, FL 34203

  • <1 day on market
* MOTIVATED SELLERS! Don’t miss out on this incredible opportunity to own a charming three-bedroom, two-bathroom home in the highly desirable gated community of Park Place. With a low HOA fee, no CDD fees, and no flood zone concerns, this property provides both value and peace of mind. Recent upgrades include a brand-new roof installed in December 2024, as well as hurricane-resistant windows with metal shutters for ultimate protection during storm season. The home also features solar panels that significantly reduce your monthly electric bills—expect around $80 in the summer and $40 in the winter! To sweeten the deal, the sellers will pay off the remaining balance of the solar panels (approximately $15K) for the buyer, giving you immediate savings. Inside, the home’s open floor plan creates a spacious and inviting atmosphere. The living room flows seamlessly into the kitchen and dining area, perfect for entertaining. A generously sized walk-in pantry provides ample storage. The owner’s suite is tucked away for privacy, complete with a walk-in closet and a bathroom featuring a double vanity. The two additional bedrooms, located at the front of the house, share a bathroom and provide plenty of space, with two linen closets in the hallway for extra convenience. Step outside to the back patio and enjoy a large backyard with room for seating and a cozy firepit, ideal for relaxing evenings. Located within a 30-minute drive of Bradenton/Sarasota beaches, shopping, dining, and entertainment, including the UTC Mall, Ellenton Premium Outlets, the Ringing Museum, and the vibrant downtown areas of Bradenton and Sarasota. Plus, you’ll have easy access to top-rated schools like IMG Academy, St. Stephen’s, and Bradenton Christian School. Don’t miss your chance to own this affordable slice of paradise in one of Florida’s most sought-after areas. Schedule a tour today!

Details

Property type

Single Family Residence

Est. home value

$388,001

Lot size

5,998 sq ft

Price per sq ft

$237

Year built

2016

Annual property taxes

$2,629

Monthly HOA fee

$106

Price History

03/06/2025
StellarMLS

StellarMLS #TB8358268

Listed
$385,000
+77.63%
07/01/2016
StellarMLS

StellarMLS #T2802688

Sold
$216,740

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$282,988
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$71,212
Cash to seller
$282,988

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Dhi Mortgage Company Ltd

Loan start date

May 2016

Original loan amount

$88,000

Est. remaining balance

$71,212

Interest rate

3.59%

Loan type

New Conventional, 30 year

Seller

Amy R Martin and Karen I Martin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/06/2025 at 3:25 PM

Listing updated: 03/06/2025 at 11:15 AM

Listed by: Tianyu Bao, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #TB8358268

StellarMLS logo

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