4511 106th St W, Bradenton, Florida
List Price: $469,000
MLS Number: A4605826

3 Bedroom / 2 Full Bath Property in Prime Location 2.3 miles to Anna Maria Island. NO HOA RESTRICTIONS. YOU Own the Property. Would make a Great Income producing Vacation Rental. Short Term Rentals 1-7 days are permitted according to Manatee County Zoning. There are a few Vacation Rental Properties on 106th Street which are renting for $190.00 to $275.00 nightly. Monthly Seasonal Rentals range between $4000.00-$7500.00. Monthly annual rentals range between $2500.00-3500.00. Property has deeded water access through Boat Ramp at end of 106th Street. This Boat Ramp is a Private Boat Ramp and Sellers have installed a Shell Parking Pad for Guests with Boat Trailers and or RV's. There is plenty of parking on this 9750 Sqft Lot. Property is currently zoned for Manufactured Homes but can be converted back to Duplex lot. Property had damage in the recent hurricanes. Owner has lower price to land value for Duplex Zoned lot with water access while he is waiting for pricing on repairs. Seller just finished remodeling both interior and exterior with Fresh Paint, New Flooring, All New Appliances, A/C was replaced in 2021. It's already to GO! Brand New Jacuzzi / Spa just arrived and will be included in the sale. Property is Fully Furnished and Setup for Vacation Rental: Beds, Furnishings, Plates and Dishes can all be included. Property is currently ready to be used as Income producing Property or Single-Family Residence, But The land value is the true gem of this deal. This Property can be changed back to Duplex Zoning allowing New Owners to build out 2 New units which would both have Amazing View of the Water from the new elevation. This would allow New Owners to double their rental income. Located directly across Cortez Road from the New Master Planned Community Peninsula Bay and a few miles west of Lake Flores. Peninsula Bay, a 359-acre site, will be home to 1950 residences and 90,000 sqft of Commercial uses, Dry Storage for 200 boats and a wide mix of Apartments and Single-Family residences. Peninsula Bay will be the New Urbanist in design and Walkability will be the theme.