1540 7Th Ave E

Bradenton, FL 34208
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4 bd, 3 ba | 1,094 sqft | Built in 1925

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List Price
$319,900

Initial Investment

$87,173

Purchase Price

$319,900

Down Payment

25%

Rent

$2,130

Total Return

$184,026

Annualized Return

25.2%

Cap Rate

5.4%

Gross Yield

8.0%

Cash Flow

-$1,222

Appreciation

9.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,487

HOA

None

Flood Risk

Not Required

Completely renovated and permitted 4 bedroom, 3 bathroom with an indoor laundry. Two master suites! New Roof, Waterheater and AC!!!! Both bathrooms and kitchen are new with granite finishes. Barn door installed in one master suite. New stainless steel appliances brighten up the kitchen. This home offers a very large open floor plan for all home activities. New vinyl plank flooring was just installed throughout the entire home. Fully fenced corner lot is directly located across from Manatee Elementary School. It is located very close to the water and just a few blocks walk to the Mineral Springs Park at the end of the new Riverwalk Waterfront Trail. No HOA or deed restrictions and plenty of additional parking spaces off the street and abundant parking on the street due to the corner lot location.

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$24,282

Expenses

-$4,322

Property Taxes

-$3,790

Loan Payments

-$17,391

Net Cash Flow

-$1,222

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:April Smith
Agent License 3441229
CENTURY 21 COASTAL ALLIANCE
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #TB8374315
Last Updated: 04/16/2025 10:04
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