108 Martin Luther King Avenue East

Bradenton, FL 34208

$699,000
Price
Beds
1,753 Sq. Ft.
$399 / Sq. Ft.
1,753
Sq. Ft.
$399
per Sq. Ft.

Description

Investment Opportunity! Call to preview this rare find! Please see attached info for property. This property is in an opportunity zone, which yields tax benefits. The property is zoned T5 and is permitted for 13 regular apartment units or 17 "affordable housing" units as well as duplexes & triplexes. The property's zoning code also allows for retail, hotel, office, storage units, restaurant, small school and a variety of other commercial uses. Property is located directly off of Bradenton's main...Investment Opportunity! Call to preview this rare find! Please see attached info for property. This property is in an opportunity zone, which yields tax benefits. The property is zoned T5 and is permitted for 13 regular apartment units or 17 "affordable housing" units as well as duplexes & triplexes. The property's zoning code also allows for retail, hotel, office, storage units, restaurant, small school and a variety of other commercial uses. Property is located directly off of Bradenton's main highway. Additionally, the property is neighboring 5-6 apartment complex within a 1-mile radius. This Prime Located Commercial Building is walking distance to Manatee Memorial Hospital, Bradenton Riverwalk & some of Bradenton’s hottest food venues.  The building is located directly off the corner of 1st street (Bradenton’s busiest highway) with quick access to all of Bradenton’s best locations. The interior layout is very modern and simplistic. Recently renovated in 2021, the interior consists of recessed lighting, vinyl flooring, newly painted walls and the potential for customization to accommodate coming business. The property has ample parking on both sides and the rear. Excellent monument signage directly off main intersection. Take advantage of this magnificent investment opportunity today!
  1. Listed by Brianna Gordon • ZENITH REALTY FIRM LLC

Property Details for 108 Martin Luther King Avenue East

Subdivision Name
SHARPS ADD TO THE CITY OF MANATEE
Township
34
Waterfront
No
LISTING UPDATED: 09/03/2024 07:46 PM

Property Details for 108 Martin Luther King Avenue East

StatusActive
MLS #T3533508
Days on Market197
Taxes$2,829 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1951
Lot Size0.35 AC / 15,098 SF
CountyManatee County

Building Information for 108 Martin Luther King Avenue East

Stories-Residences-Year Built1951Lot Size0.35 AC / 15,098 SF

Property Information for 108 Martin Luther King Avenue East

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1753.0
  • Building Area Units: Square Feet
  • Direction Faces: North
  • Directions: Merge onto I-75 S 0.4 mi Take exit 228 to merge onto I-275 N toward St Petersburg 1.7 mi Take exit 2 for US-41 S 0.3 mi Turn left onto US-41 S/S Tamiami Trail 3.6 mi Slight left to stay on US-41 S/S Tamiami Trail Pass by KFC (on the left in 3.5 mi) 3.6 mi Turn left onto 9th Ave E/Martin Luther King Ave E 226 ft Turn right Destination will be on the left
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: Highway
  • Unit Number: No
  • Street Number: 108
  • Street Name: MARTIN LUTHER KING
  • Street Suffix: AVENUE
  • Street Direction Suffix: E
  • State: FL
  • City: BRADENTON
Taxes and HOA Information
  • Management: Owner Manager
  • Tax Block: A
  • Tax Book Number: 6,-68
  • Tax Legal Description: THAT PART OF LOTS 5, 6 AND 7 BLK A SHARP'S ADD AS REC IN PB 6, PG 68 PRMCF LYING WITHIN THE FOL DESC: FM THE NW COR OF SEC 36, S 00 DEG 01 MIN 15 SEC W ALG THE W LN OF SD SEC A DIST OF 30.00 FT; TH S 89 DEG 58 MIN 45 SEC E A DIST OF 160.00 FT TO THE NW COR OF AFORESAID LOT 7; TH S 00 DEG 01 MIN 15 SEC W A DIST OF 27.59 FT TO THE SLY R/W OF 9TH AVE E & THE POB; TH S 87
  • Tax Lot: 5
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 4619800008
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: T5
  • Living Area: 1753
Property and Assessments
  • Year Built Numeric: 1951
  • Flood Zone Code: X
  • Flood Zone Date: 08-10-2021
  • Flood Zone Panel: 12081C0306F
  • New Construction: No
  • Numof Restrooms: 2
  • Property Condition: Completed
  • Public Survey Range: 17
  • Public Survey Section: 36
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Capable, Phone Available, Private
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Ceiling Type: Drywall
  • Cooling: Central Air
  • Flooring: Luxury Vinyl
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No

Property History for 108 Martin Luther King Avenue East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 108 Martin Luther King Avenue East

Taxable ValueLand$111,071Additions$44,808Total$155,879
Tax Record2024$2,879 ($240 / month)
Home Facts
Total Finished SqFt1,485 SqFtAbove Grade Finished SqFt1,485 SqFtStories1Lot Size15,096 SqFtStyleStoresYear Built1951Year Renovated1985ZoningBR_T5CountyMANATEEAPN46198.0000-8

Schools near 108 Martin Luther King Avenue East

This home is within Manatee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Manatee Elementary School
PublicPK to 5

Martha B. King Middle School
Public6 to 8

Manatee High School
Public9 to 12

Team Success A School Of Excellence
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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108 Martin Luther King Avenue East is a mixed use property for sale in Bradenton, FL 34208. This property was listed for sale on June 11, 2024 by ZENITH REALTY FIRM LLC, it's currently listed at $699,000. It has been on the market for a total of 197 days and was last sold on August 23, 2019. This listing's school district is Manatee. Nearby schools include Manatee Elementary School, Martha B. King Middle School and Manatee High School. 108 Martin Luther King Avenue East is a 0-bed, 0-bath, 1,753 sqft mixed use property built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ZENITH REALTY FIRM LLC, Brianna Gordon

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.