1912 3rd Avenue East

Palmetto, FL 34221

$551,000
Last Sold Price
—
Beds
—
Baths
6,461 Sq. Ft.
$85 / Sq. Ft.
6,461
Sq. Ft.
$85
per Sq. Ft.

Description

8 Unit multi-family investment property being sold to convert Trust assets to cash. Property needs work and list price reflects appraised value (as of JUL 2024). New roof in 2020; new HVAC in 2019 (county records). All but 1 unit is rented. Exterior visual inspection authorized, interior inspections will be allowed during due-diligence period. Revenue & Expense Summary in attachments. All information included in the listing is believed to be accurate and true but is not warranted or guaranteed. This...8 Unit multi-family investment property being sold to convert Trust assets to cash. Property needs work and list price reflects appraised value (as of JUL 2024). New roof in 2020; new HVAC in 2019 (county records). All but 1 unit is rented. Exterior visual inspection authorized, interior inspections will be allowed during due-diligence period. Revenue & Expense Summary in attachments. All information included in the listing is believed to be accurate and true but is not warranted or guaranteed. This information should be independently verified before any person enters into a transaction based upon it. Lender Pre-Approval letter and/or proof of funds must accompany all offers to be considered.
  1. Listed by Jude Creamer • HOMESMART

Property Details for 1912 3rd Avenue East

Subdivision Name
R F WILLIS OF MEMPHIS
Township
34S
Waterfront
No
LISTING UPDATED: 11/15/2024 03:13 PM

Property Details for 1912 3rd Avenue East

StatusSold
MLS #A4621121
Days on Market25
Taxes$5,924 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1954
Lot Size0.41 AC / 17,894 SF
CountyManatee County

Building Information for 1912 3rd Avenue East

Stories-Residences8Year Built1954Building Size-Lot Size0.41 AC / 17,894 SF

Property Information for 1912 3rd Avenue East

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From Bradenton travel north on Hwy 41. Turn left on 17th ST E. At first street (3rd AVE e) turn right. Property on right. From Hwy 41 business split, traveling south on Hwy 41, turn right on 19th ST E. Turn right on 3rd Ave E. Property on right.
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Willis
  • Unit Number: No
  • Street Number: 1912
  • Street Name: 3RD
  • Street Suffix: AVENUE
  • Street Direction Suffix: E
  • State: FL
  • City: PALMETTO
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 14
  • Tax Book Number: 1-168)
  • Tax Legal Description: THE N1/2 OF LOT (INSERT "1"), AND ALL OF LOT 2, BLK 14, WILLIS PLAT NEW MEMPHIS PI#25553.0000/9
  • Tax Lot: 1
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 127x144
  • Parcel Number: 2555300009
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: RSF6
  • Living Area: 6461
  • Lot Dimensions: 127x144
Property and Assessments
  • Year Built Numeric: 1954
  • Flood Zone Code: X
  • Flood Zone Date: 08-10-2021
  • New Construction: No
  • Property Attached: Yes
  • Property Condition: Fixer
  • Public Survey Range: 17E
  • Public Survey Section: 12
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco, Wood Frame
  • Exterior Features: Other
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Electric
  • Interior Features: Other
  • Laundry Features: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $43,793.00
  • Gross Income: $78,912
  • Unit Count: 8
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Type 1: 2 Bed/1 Bath
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Type 2: 2 Bed/1 Bath
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
  • Unit Type Type 3: 2 Bed/1 Bath
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 1
  • Unit Type Type 4: 1 Bed/1 Bath
Unit 5
  • Unit Type Baths Total 5: 1
  • Unit Type Beds Total 5: 1
  • Unit Type Type 5: 1 Bed/1 Bath
Unit 6
  • Unit Type Baths Total 6: 1
  • Unit Type Beds Total 6: 0
  • Unit Type Description 6: bath is shared with one other unit
  • Unit Type Type 6: Efficiency
Unit 7
  • Unit Type Baths Total 7: 1
  • Unit Type Beds Total 7: 0
  • Unit Type Description 7: Bath is shared with one other unit
  • Unit Type Type 7: Efficiency
Unit 8
  • Unit Type Baths Total 8: 1
  • Unit Type Beds Total 8: 0
  • Unit Type Type 8: Efficiency

Property History for 1912 3rd 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 1912 3rd Avenue East

Taxable ValueLand$61,200Additions$315,817Total$377,017
Tax Record2024$6,114 ($510 / month)
Home Facts
Total Finished SqFt6,461 SqFtAbove Grade Finished SqFt6,461 SqFtStories1Lot Size17,892 SqFtStyleMulti-Family Res (5+ Units)Year Built1954Year Renovated1977ZoningRSF-6CountyMANATEEAPN25553.0000-9

Schools near 1912 3rd Avenue East

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

Palmetto High School
Public9 to 12

LINCOLN MEMORIAL ACADEMY
Charter6 to 8

Lincoln Middle School
Public6 to 8

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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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 HOMESMART, Jude Creamer

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 2025 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.