One or more photo(s) has been virtually staged. Discover a rare opportunity to own an exquisite investment property in the heart of paradise. This beautifully renovated single-family residence in the sought-after transformative Bayshore Gardens neighborhood of Bradenton offers the perfect blend of luxury, convenience, and vacation rental income potential. Just minutes from top-ranked beaches, IMG Academy, and an abundance of amenities like golf, shopping, dining, and entertainment, this property is an investor’s dream with potential capitalization rate returns of 9% to 13%.
Located in the popular and convenient neighborhood of Bayshore Gardens in Bradenton, this home enjoys the freedom of no HOA rules while providing resort-style amenities you'd expect from a luxury hotel. Indulge in the community pool, secure a boat slip at the marina, or enjoy the recreation facilities—all within your reach. Step inside to 1, 098 square feet of thoughtfully upgraded living space under air. The home shines with new exterior paint and shutters, and the interior boasts a fully renovated layout featuring three bedrooms and two bathrooms. Enjoy peace of mind with a new shingled roof installed in 2024, soffit and fascia, updated HVAC system, and impact windows that flood the space with natural light. Elegant touches like crown baseboards and door molding add to the home's charm. The spacious open-concept kitchen and living room are perfect for entertaining. The kitchen is a chef's dream, featuring can lights, an oven/stove island with a ceiling-mounted hood vent, beautiful white Carrara quartz countertops, and wood grain flooring. The master suite offers an entirely new ensuite bathroom with ample storage and a large walk-in shower. With a split floor plan, the primary bedroom is on the opposite side of the home from the other two bedrooms and bath, providing privacy and tranquility. Outside, the shell driveway has been widened to fit four cars, and there's a gated area perfect for storing jet skis, a fishing boat, or a golf cart. The large privacy-fenced backyard offers room for pets to run and endless possibilities for adding a pool or outdoor living amenities. A custom built-in bookcase with shelves adds a touch of elegance and functionality to the living space. As part of the Bayshore Gardens Park and Recreation District, an annual fee of $417 included in your property taxes grants you access to an array of community amenities. Enjoy a Jr. Olympic-sized pool, pickleball and basketball courts, picnic and BBQ pavilions, a park, playground, and fishing pier. For small additional fees, access the community marina, boat ramp, boat slips, and recreation hall. Engage with the vibrant community through various social clubs, including a Yacht Club, Garden Club, Woodchoppers Club, Bunco, and more. This prime location offers easy access to the downtowns and attractions of Bradenton, Sarasota, and Lakewood Ranch. Surround yourself with lifestyle choices like golf, boating, fishing, live entertainment, farmer's markets, and a variety of cultural arts. And let's not forget the world-class beaches just minutes away. Convenience is key, with proximity to airports, family activities, Disney World, Mote Marine, or even catching a cruise ship from Tampa Bay.
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William Raveis Real Estate
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Contact@raveis.com
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 | $340,000 | $340,000 | $340,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $249 | $249 | $249 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,291 | $2,319 | $2,938 |
Total Monthly Payment | $2,615 | $2,643 | $3,262 |
* 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.