For Sale
$1,050,000

4530 27Th StBradenton, FL 34207

Four-unit apartment building, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a fully occupied four-unit apartment building located at 4530 & 4534 27th St W, Bradenton, FL 34207. The property boasts a substantial 0.95-acre lot encompassing two duplex structures, each featuring two three-bedroom, two-bathroom units with a one-car garage. Three out of the four units have undergone recent renovations. The property enjoys a 100% occupancy rate, generating a strong net operating income (NOI) of $69,732 and a compelling 6.64% capitalization rate. The asking price is $1,050,000. Individual utility meters are in place for each unit, simplifying management. The property's convenient location near major Bradenton corridors offers excellent potential for rental income and future appreciation. This multifamily investment is comprised of two separate parcels (APN: 5227900007 & 5227910055), providing added flexibility and potential for future development. The total square footage is 4,965. Showings are by appointment only, following the submission of a fully executed offer. Do not disturb tenants.

Highlights

  • Two separate parcels (APN: 5227900007 & 5227910055).
  • Two duplexes on a 0.95-acre lot.
  • Four 3-bedroom, 2-bathroom units, each with a 1-car garage.
  • Three of four units recently renovated.
  • Individual utility meters for each unit.
  • Excellent location near major Bradenton corridors.

Property Details for 4530 27Th St

Property type
Apartment buildings
Square Feet
4,965 SF
Lot Size (sq. ft)
41,382 SF
Units
4

Location Insight

City
Bradenton
County
Manatee
State
Florida
Latitude
27.4592306
Longitude
-82.5893308
4530 27Th St, Bradenton, Florida

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4530 27Th St
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