804 12th Street East

Bradenton, FL 34208

$519,999
Price
6
Beds
2
Baths
1,944 Sq. Ft.
$267 / Sq. Ft.
1,944
Sq. Ft.
$267
per Sq. Ft.

Description

This 6-bedroom, 2-bath duplex is an excellent turnkey investment property generating $4,200 ($1900 and $2300) in monthly rental income with an upside potential of another $400/month in raised rent. Both units are fully rented, with each unit offering 3 bedrooms and 1 bath. This makes it a highly desirable rental property, providing steady cash flow for the new owner. The property has been extensively updated in 2022, significantly reducing the buyer’s immediate capital expenditure (CapEx) needs....This 6-bedroom, 2-bath duplex is an excellent turnkey investment property generating $4,200 ($1900 and $2300) in monthly rental income with an upside potential of another $400/month in raised rent. Both units are fully rented, with each unit offering 3 bedrooms and 1 bath. This makes it a highly desirable rental property, providing steady cash flow for the new owner. The property has been extensively updated in 2022, significantly reducing the buyer’s immediate capital expenditure (CapEx) needs. Major updates include a new roof, new luxury vinyl flooring throughout both units, and updated kitchens and bathrooms with modern finishes. The new AC units and new hot water heater provide additional peace of mind, ensuring that critical systems are up-to-date and functioning efficiently. These updates allow the new owner to benefit from lower maintenance costs and minimal immediate repairs, while also enhancing the property's overall appeal to tenants. Tenants are responsible for all utilities, including electricity, water, and gas, reducing the owner's monthly expenses and further enhancing the property's cash flow potential. With both units currently occupied by reliable tenants, the property is generating consistent rental income, making it a great investment for anyone looking to add a cash-flowing property to their portfolio. The duplex is ideally located near shopping centers, schools, parks, dining options, and major transportation routes, making it attractive to tenants and ensuring long-term rental demand. This is a ready-to-go investment with minimal maintenance required and strong rental income potential. Contact us today to schedule a viewing or to learn more about how this property can start earning for you right away.
  1. Listed by Jonathan Pergerson • FLOTACAL
    P: (941)-888-0043 C: (941)-888-0043 jp@flotacal.com
  2. Listed by Mike Vo • FLOTACAL
    P: (941)-284-8070 C: (941)-284-8070 vietsarasota@gmail.com

Property Details for 804 12th Street East

Subdivision Name
GRAHAM
Township
34S
Waterfront
No
LISTING UPDATED: 12/18/2024 07:44 PM

Property Details for 804 12th Street East

StatusActive
MLS #A4629447
Days on Market39
Taxes$3,848 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1981
Lot Size0.19 AC / 8,425 SF
CountyManatee County

Building Information for 804 12th Street East

Stories-Residences2Year Built1981Building Size-Lot Size0.19 AC / 8,425 SF

Property Information for 804 12th Street East

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Head east on Manatee Ave E (U.S. Highway 41) toward 10th St W. Continue straight for about 0.5 miles. Turn left onto 12th St E (the first major street after crossing the Manatee River). Continue for about 1 mile, and the destination will be on your right at 804 12th Street E.
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Graham Sub
  • Unit Number: No
  • Street Number: 804
  • Street Name: 12th
  • Street Suffix: STREET
  • Street Direction Suffix: E
  • State: FL
  • City: BRADENTON
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: C
  • Tax Book Number: 1-187
  • Tax Legal Description: LOT 2 & N1/2 OF LOT 3 & ADJOINING E1/2 OF VAC ALLEY BLK C GRAHAM SUB PI#32284.0000/2
  • Tax Lot: 2
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 72 x 117
  • Parcel Number: 3228400002
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: C1A
  • Living Area: 1944
  • Lot Dimensions: 72 x 117
Property and Assessments
  • Year Built Numeric: 1981
  • Flood Zone Code: x
  • New Construction: No
  • Public Survey Range: 17E
  • Public Survey Section: 25
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Other
  • Foundation Details: Block, Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 6
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central
  • Interior Features: Ceiling Fan(s), Kitchen/Family Room Combo
  • Laundry Features: Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $44,500.00
  • Gross Income: $50,400
  • Unit Count: 2
Rental
Rental Information
  • Tenant Pays: Electricity, Sewer, Water

Property History for 804 12th Street 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 804 12th Street East

Taxable ValueLand$45,050Additions$173,324Total$218,374
Tax Record2024$4,033 ($336 / month)
Home Facts
Baths2Total Finished SqFt1,944 SqFtAbove Grade Finished SqFt1,944 SqFtStories1Lot Size8,424 SqFtStyleDuplexYear Built1981Year Renovated2001ZoningBR_T4-RCountyMANATEEAPN32284.0000-2

Schools near 804 12th Street 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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804 12th Street East is a multi-family home for sale in Bradenton, FL 34208. This property was listed for sale on November 16, 2024 by FLOTACAL, it's currently listed at $519,999. It has been on the market for a total of 39 days and was last sold on November 5, 2003. This listing's school district is Manatee. Nearby schools include Manatee Elementary School, Martha B. King Middle School and Manatee High School. 804 12th Street East is a 6-bed, 2-bath, 1,944 sqft multi-family home built in 1981.

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 FLOTACAL, Jonathan Pergerson; FLOTACAL, Mike Vo

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.