2401/2403 23rd AVENUE W, Bradenton, FL, 34205 | $385,000

Income-Producing Duplex in Prime Bradenton Location! Located just minutes from downtown Bradenton and the stunning Gulf Coast beaches, this well maintained duplex offers a unique opportunity for investors and owner-occupants looking to generate income while enjoying a prime location. With a stable tenant, recent updates, and plenty of upside potential, this property is a must-see! 2401 Side 1: A spacious 744 sqft, 2-bedroom, 1-bathroom unit that has been tenant-occupied for 15 years without a vacancy, providing stable, long-term rental income. 2403 Side 2: A charming 1-bedroom, 1-bathroom unit with a recently remodeled bathroom, perfect for a variety of tenants looking for a cozy, private living space. Both units are equipped with private driveways, carports, and additional storage, enhancing tenant appeal and convenience. Plus, each unit has its own laundry facilities with a washer and dryer. AC units (2022) Water heaters (2019) Roof (7 years old) Strong Rent Potential: 1 Bedroom, 1 Bath: Market rent is approximately $1, 500/month. 2 Bedroom, 1 Bath: Market rent is approximately $1, 750/month. This duplex offers a rare combination of stable income, recent updates, and a desirable location that’s growing in both popularity and value. Whether you’re an experienced investor or an owner-occupant looking to house hack, the low-maintenance design and high-demand location make this a smart buy. Don’t miss out! Schedule your showing today and take advantage of this fantastic investment opportunity.

Features

  • Bedrooms: 3
  • Units: 2
  • Laundry: Laundry Closet, Outside
  • Year Built: 1961
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,344
  • Acreage: 0.19
  • Est. Taxes: $3,337
  • Elem. School: Robert H. Prine Elementary
  • Middle School: W.D. Sugg Middle
  • High School: Southeast High
  • Lease Terms: 12 Months
  • MLS#: TB8338011
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8338011/2401240323rdavenuew_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 1/18/2025 10:32:07 PM)
Listing courtesy of Keller Williams Realty   Phone: 813-684-9500

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2401/2403 23rd AVENUE W, Bradenton, FL, 34205

$385,000

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 $308,000 $308,000 $308,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.191% 7.171% 6.276%
Monthly Tax Payment $278 $278 $278
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,023 $2,047 $2,597
Total Monthly Payment $2,376 $2,400 $2,950

* 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.