tomo logo

$529,999

Beds
3
Baths
1.0
sq ft
1,944

808 12th St E, Bradenton, FL 34208

808 12th St E

BRADENTON, FL 34208

  • 32 days on market
Introducing this newly updated two family duplex that offers incredible potential, whether you're looking for a lucrative income-producing investment or a new home for you and your family. Here is your chance to benefit from a growing real estate rental market with increasing tenant interest. Each side of the duplex mirrors the other with 3 bedrooms and 1 full bathroom, perfect for keeping life simple yet comfortable. The vacant unit awaits your personal touch or a new tenant, while the other side is currently rented, already putting money in your pocket from day one. Both units are freshly updated, featuring new roofs, air conditioning systems, hot water heaters, luxurious vinyl flooring, and granite countertops. Such upgrades provide worry-free ownership ensuring everything is up to date and working in an efficient manner with minimal maintenance. Conveniently located minutes away from shopping centers, restaurants, schools, libraries, downtown, and easy access to major transportation routes. Making it more desirable to potential tenants while ensuring a steady rental demand. The perfect investment in a buoyant rental market. Contact me today to schedule a showing or to discuss how you can expand your rental portfolio.

Details

Property type

Single Family Residence

Est. home value

$290,164

Lot size

8,424 sq ft

Price per sq ft

$273

Year built

1981

Annual property taxes

$3,848

HOA

No

Price History

11/20/2024
StellarMLS

StellarMLS #A4629130

Listed
$529,999

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

$141,722
Asking price
$529,999
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$345,877
Cash to seller
$141,722

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

Seller’s Loan History

Lender

Nexera Holding Llc

Loan start date

August 2022

Original loan amount

$357,500

Est. remaining balance

$345,877

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Bernards Investment Group Llc

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?

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Status: Active

Tomo last checked: 12/22/2024 at 6:05 AM

Listing updated: 12/19/2024 at 6:51 AM

Listed by: Chantelle Johnson, FINE PROPERTIES Phone #: (941) 782-0000

MLS: StellarMLS #A4629130

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Recently listed in BRADENTON