108 Martin Luther King Avenue EBradenton, FL 34208MLS Number T3533508

  • Price: $699,000
  • 43 Days on Market
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Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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108 Martin Luther King Avenue E Bradenton FL 34208108 Martin Luther King Avenue E Bradenton FL 34208108 Martin Luther King Avenue E Bradenton FL 34208108 Martin Luther King Avenue E Bradenton FL 34208
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  • 0.35Acreage
  • 1951Year Built
  • 1,753Square Feet
!! 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!
Listing Courtesy of ZENITH REALTY FIRM LLC

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More Info

Location Information

  • Road Frontage["Highway"]

Basic Information

  • Property SubTypeMixed Use

Building

  • Building Area Source Public Records
  • MFR Ceiling Type Drywall
  • MFR Numof Offices 4
  • MFR Numof Restrooms 2
  • Year Built1951

Property Information

  • Acreage0.35
  • Construction Materials Brick
  • Lot Size Square Feet 15,098
  • MFR Total Acreage 1/4 to less than 1/2
  • Property Condition Completed
  • Square Feet1,753

Basic Information

  • List Price$699,000
  • MLS NumberT3533508
  • Mls Status Active
  • StatusACT

Property

  • Living Area 1753
  • ZoningT5

Interior

  • Flooring Luxury Vinyl

Utilities

  • Cooling Central Air
  • Sewer Public Sewer
  • Utilities BB/HS Internet Capable, Phone Available, Private
  • Water Source Public

Tax Information

  • Tax Year 2023
  • Taxes$2,829

Location

  • Address108 Martin Luther King Avenue E
  • AreaBradenton/Braden River
  • Building Number108
  • CountyManatee
  • StateFL
  • StreetMartin Luther King
  • SubdivisionSharps Add To The City Of Manatee
  • TownBradenton
  • Township 34
  • Zip34208

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No

Other

  • Date Listed06/12/2024
  • MFR Flood Zone Code X
  • MFR Flood Zone Date 2021-08-10
  • View Count4
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of July 24, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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