Owner
$395,653
1617 2ND AVE E, BRADENTON, FL
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
2
baths
1
sq. ft.
1,612
property type
Single Family Residential
hoa
No
About
Residential
Building Quality D
Good Condition
Living Area
1 Story
No Basement
Central
Pool (Yes)
Masonry
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1972
Building Size
1,612 sq ft
Lot Size
8,880 sq ft
Lot Size (Acres)
0.20 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
12570-1000-7
County
Manatee County, Florida
Metro Area
North Port-Bradenton-Sarasota, FL
Zoning
BR_FBC,BR_
Neighborhood/Subdivision
MRS M J GRIFFINS PLAT
Lot Number
5
School District
Manatee County School District
Legal Description
COM AT THE SW COR OF LOT NO 5, BLK 1, MRS M J GRIFFINS ADD TO THE TOWN OF MANATEE, TH ELY ALG THE S LN OF SD LOT NO 5 BEING THE N R/W LN OF 2ND AVE, E 140 FT FOR THE POB; TH CONT
Tax & Value Information
Market Value (Total)
$332,972
Building Value
$222,897
Land Value
$110,075
Annual Property Tax
$832
Tax Assessment Year
2024
Assessed Value
$91,542
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
—
Recording Date
—
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$15,310
Return on Investment
15.60%
After Repair Value
$435,218
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$356,088
Renovation Cost
$19,783
Closing Costs (buying)
$7,122
Holding Costs
$10,803
Selling Costs
$26,113
Total Investment
$98,122
After Repair Value (ARV)
$435,218
Total Costs
$419,909
Estimated Profit
$15,310
Cash Invested
$91,000
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area