4420 102nd STREET W, Bradenton, FL, 34210 | $595,000

Welcome to a versatile and lucrative investment opportunity in Bradenton! This expansive 0. 61-acre lot is brimming with possibilities in a highly desirable location. The property, zoned RDD-6 (Residential Duplex District), offers the potential for creative development with a maximum density of six dwelling units an acre.

Currently, the lot features a home that can be beautifully remodeled, making it perfect for those who want to live in or rent out a modernized residence while maximizing the property’s full potential. Additionally, the lot can be split into two parcels, opening the door to building a second home or duplex on-site. Imagine living in one home and building a second for long-term rental income, Airbnb potential, or even a family compound.

The flexibility doesn’t stop there. With zoning that allows for up to four units, developers can explore building two duplexes to meet the growing demand for rental properties in this high-growth area.

Location is everything, and this property delivers! Situated just 5 minutes from the stunning beaches of Anna Maria Island, 9 miles from the luxurious shores of Longboat Key, and 15 miles from the world-famous sands of Siesta Key, it’s perfectly positioned to attract vacationers and residents alike. You'll also find Cortez Village’s charming seafood restaurants and historic sites nearby, along with Bradenton Beach Marina for boating enthusiasts. Shopping centers, parks, and top-rated schools add to the convenience, making this a well-rounded investment.

Whether you’re an investor, developer, or visionary, this property offers endless opportunities. Remodel the current home, build a second dwelling, or maximize the lot’s potential to create an income-generating powerhouse. Don’t miss your chance to capitalize on this prime piece of Bradenton real estate!

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Other
  • Year Built: 1950
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,720
  • Acreage: 0.61
  • Est. Taxes: $5,518
  • Appliances: Other
  • MLS#: A4634950
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4634950/4420102ndstreetw_bradenton_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/12/2025 6:47:06 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-366-8070

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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4420 102nd STREET W, Bradenton, FL, 34210

$595,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $476,000 $476,000 $476,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 7.250% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.330% 7.386% 6.623%
Monthly Tax Payment $460 $460 $460
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,167 $3,247 $4,114
Total Monthly Payment $3,719 $3,799 $4,666

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.