8504 71st Avenue Drive E, Bradenton, FL 34202

$725,000
3
BD
3.5
BA
3,070
SqFt
List Price
$725,000
Status
Active
Days on Market
79
MLS#
A4462200
Property Style
Single Family
Year Built
2001
Bedrooms
3
Bathrooms
3.5
Baths Half
1
Living Area
3,070
Lot Size
19,689
Acres
0.45
Total Acreage
1/4 Acre to 21779 Sq. Ft.
Legal Subdivision Name
Acreage & Unrec
MLS Area Major
Bradenton/Lakewood Ranch/Lakewood Rch

Property Description

Live in your own gated mini-compound that pays for itself! With 3 buildings on this secluded river property, there is nothing else like it. Live in the main house and have the TWO INCOME PRODUCING units pay ALL your expenses or rent all 3 units and make an even greater return. Make this your home and enjoy mornings in the screened porch hanging over the Braden River with unspoiled views. Have friends sit by the natural stone fireplace as it warms the lodge-like living room while you prepare a gourmet meal in the open concept chef’s kitchen. Retire to the ground floor master-suite, made of original log and chink walls with a fireplace, lg walk-in closet, and spa-like bath incl. a claw foot bathtub. Stroll through the tropical grounds shaded by towering oaks or hop in your boat or kayak for a tour of the Braden River to Ward Lake. The income units include a renovated artist studio featuring private bath with shower and kitchen. The smaller comfy cottage also includes a full kitchen and bath facilities. These units have several years of proven/verified revenue, exceeding $32,000 in 2019, primarily from the Jan thru Apr. Extending your rental season provides higher income. The main home (significantly expanded in 2001), if rented, could provide $34,500-$37,500 in add'l revenue. Revenues could realistically exceed $72,000 annually. This property comes nearly turnkey fully furnished, and is adjacent to historic Linger Lodge, which would provide a good source of short-term renters. It's one of a kind

Additional Information

Taxes
$4422
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
A1/WPE/S
Interior Layout
Master Bedroom Downstairs, Open Floorplan, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
Interior Features
Master Bedroom Downstairs, Open Floorplan, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
Floor
Ceramic Tile
Appliances
Dishwasher, Range, Range Hood, Refrigerator
Utilities
Cable Connected, Electricity Connected, Public
Heating
Central
Air Conditioning
Central Air
Room Dimensions
Bedroom 2: 22x16, Great Room: 19x18, Kitchen: 15x18, Master Bedroom: 19x15, Balcony/Porch/Lanai: 20x16
Fireplace Description
Wood Burning
Exterior Construction
Other, Siding, Wood Frame
Exterior Features
Outdoor Shower, Sliding Doors
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Garage Features
Driveway, Off Street
Elementary School
Braden River Elementary
Middle School
Braden River Middle
High School
Lakewood Ranch High
Water Name
Braden River
Water Extras
Dock - Wood
Water View
River
Water Access
River
Water Frontage
River
Flood Zone Code
AE
Parcel ID
1901800001
Legal Description
BEG AT THE NW COR OF THE NE1/4 OF TH NE1/4 SEC 25, TH S 89 DEG E ALG N LN OF SEC 25, A DIST OF 368 FT, TH S 1707 FT TO A PT, TH E 75 FT FOR POB, SD POB BEING THE NE COR OF LAND CONVEYED TO MYRTLE E MILLS IN DB 272 P 102' FROM THIS POB GO E 75 FT, TH S TO THE MIDDLE OF THE BRADEN RIVER, TH WLY ALG THE MIDDLE OF THE BRADEN RIVER TO A PT DUE S OF THE POB, TH N ALG THE E SIDE

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Listing courtesy of KELLER WILLIAMS REALTY SELECT.

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