

Overview
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About this home
615 51st Ave W is a 1963-built home in Fair Lane Acres Third Add, Bradenton. Inside you'll find 1 bedrooms, 1 bathrooms, and 562 square feet of living space. Listed at $82,500 (about $147/sqft), 30 days on market. Flood zone ae - confirm flood insurance requirements with your lender. HOA runs $132 monthly.
Investor opportunity with low expenses and established cash flow! This single-wide home is full of possibilities and conveniently located in the heart of Bradenton. This specific property is not subject to the community’s age restriction, offering added flexibility for future ownership. A long-term tenant currently resides in the home and would like to remain, giving an investor the opportunity to step into an established rental with solid cash flow already in place. With low operating expenses and convenient access to shopping, dining, major roadways, and everything Bradenton has to provide, this property could be a great addition to an investment portfolio. Owner is a licensed Florida real estate agent and is also the listing agent. Buyer to verify all financial figures, including cap rate.
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The essentials
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
Market insights
Offer Insights
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Sample: 108 closed home sales in 34207 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$82,500
$147 per sq ft
Beds and baths
1 beds, 1 baths
Size
562 sq ft
Time on market
30 days
Year built
1963
Monthly payment
About $675/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $863 annual tax bill, insurance, and the $132/mo HOA fee.
HOA fee
$132/mo
Managed by C&S Community Management Services, Inc.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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