408 5th Street West

Bradenton, FL 34205

$800,000
Price
7
Beds
3,176 Sq. Ft.
$252 / Sq. Ft.
3,176
Sq. Ft.
$252
per Sq. Ft.

Description

Location, location, location! Development opportunity! Just a slight turn off of Manatee Ave W and this unique Bradenton property can be found. Currently set up as an income producing asset with a duplex in the back and large home in the front... there is potential for much more. The majority of value is in the land and location of this property but the structures are still in good working order, a little TLC could go a long way. Build up, develop more units, operate a business. Unlimited potential...Location, location, location! Development opportunity! Just a slight turn off of Manatee Ave W and this unique Bradenton property can be found. Currently set up as an income producing asset with a duplex in the back and large home in the front... there is potential for much more. The majority of value is in the land and location of this property but the structures are still in good working order, a little TLC could go a long way. Build up, develop more units, operate a business. Unlimited potential with this location, come see for yourself today. Owner financing available. Currently leased, please do not disturb tenants.
  1. Listed by Michael Cook • FINE PROPERTIES

Property Details for 408 5th Street West

Subdivision Name
MRS M F CHERRY
Township
34
Waterfront
No
LISTING UPDATED: 11/02/2024 06:47 AM

Property Details for 408 5th Street West

StatusActive
MLS #A4627529
Days on Market33
Taxes$5,400 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1914
Lot Size0.27 AC / 11,700 SF
CountyManatee County

Building Information for 408 5th Street West

Stories-Residences3Year Built1914Building Size-Lot Size0.27 AC / 11,700 SF

Property Information for 408 5th Street West

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 4100.0
  • Building Area Units: Square Feet
  • Directions: Off Manatee Ave W turn right on to easement road, destination is on your left. OR turn right on to 7th St W, turn in to parking lot and drive to the parking lot's SE corner.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Cherry Mrs M F
  • Unit Number: No
  • Street Number: 408
  • Street Name: 5TH
  • Street Suffix: STREET
  • Street Direction Suffix: W
  • State: FL
  • City: BRADENTON
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: C
  • Tax Book Number: 1-279
  • Tax Legal Description: LOT 7 BLK C CHERRY ADD PI#32819.0000/5
  • Tax Lot: 7
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Future Land Use: CITY
  • Lot Features: In City Limits
  • Parcel Number: 3281900005
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: C1/UCBD
  • Living Area: 3176
Property and Assessments
  • Year Built Numeric: 1914
  • Flood Zone Code: X
  • Flood Zone Date: 08-10-2021
  • Flood Zone Panel: 12081C0302F
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 17
  • Public Survey Section: 26
Utilities
  • Sewer: Public Sewer
  • Utilities: Public, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Storage
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 7
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Terrazzo, Tile
  • Heating: Central, Wall Units / Window Unit
  • Interior Features: Ceiling Fans(s)
  • Laundry Features: In Garage
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $60,000.00
  • Est Annual Market Income: $72,000.00
  • Unit Count: 3
Unit 1
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 5
  • Unit Type Description 1: single family structure
  • Unit Type Heated Sq Ft 1: 2151
  • Unit Type Pro Forma 1: 3000
  • Unit Type Type 1: 4+ Bed/2+ Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Heated Sq Ft 2: 512
  • Unit Type Number Of Units Occupied 2: 1
  • Unit Type Pro Forma 2: 1500
  • Unit Type Type 2: 1 Bed/1 Bath
  • Unit Type Units Total 2: 1
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 1
  • Unit Type Heated Sq Ft 3: 512
  • Unit Type Number Of Units Occupied 3: 1
  • Unit Type Pro Forma 3: 1500
  • Unit Type Type 3: 1 Bed/1 Bath
  • Unit Type Units Total 3: 1

Property History for 408 5th Street West

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 408 5th Street West

Taxable ValueLand$142,800Additions$264,854Total$407,654
Tax Record2023$5,400 ($450 / month)
Home Facts
Baths5Total Finished SqFt2,151 SqFtAbove Grade Finished SqFt2,151 SqFtStories2Lot Size11,700 SqFtStyleDuplexYear Built1914Year Renovated1975ZoningBR_FBC,BR_T6CountyMANATEEAPN32819.0000-5Fireplace TypeHas Fireplace

Schools near 408 5th Street West

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
Ballard 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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408 5th Street West is a multi-family home for sale in Bradenton, FL 34205. This property was listed for sale on October 31, 2024 by FINE PROPERTIES, it's currently listed at $800,000. This listing's school district is Manatee. Nearby schools include Ballard Elementary School, Martha B. King Middle School and Manatee High School. 408 5th Street West is a 7-bed, 0-bath, 3,176 sqft multi-family home built in 1914.

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 FINE PROPERTIES, Michael Cook

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.