2601 13Th St W
Palmetto, FL 34221
List Price
$385,000
Initial Investment
$104,913Purchase Price
$385,000
Down Payment
25%
Rent
$2,680
Total Return
$213,651
Annualized Return
24.8%
Cap Rate
5.5%
Gross Yield
8.4%
Cash Flow
-$907
Appreciation
9.5%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
6,787
HOA
None
Flood Risk
High Risk - Zone AE
Newly renovated 3-Bedroom, 2-Bath, 2-Car Garage offering a brand-new SEAMLESSS METAL ROOF! This property has NO HOA or CDD with public water and sewer. This spacious open floor plan offers updated lighting, ceiling fans and LV flooring throughout (NO CARPET). Kitchen comes complete with quartz countertops, SS Appliances, under cabinet lighting, large food pantry, and soft-close drawers, to name a few. You will love the privacy of the primary bedroom with a fully remodeled ensuite that features dual sinks, quartz countertops, a magnifying mirror, and W/I Shower. This home offers an abundance of storage space along with a pull-down attic in garage. Additional seller enhancements in 2024: Garage door & opener, fully remodeled guest bathroom with tub/shower combo, crown molding, soffit/facia and exterior stucco. Best of all this property is a 5-minute drive to the beautiful Snead Island, Emerson Point Preserve and Bradenton Yacht Club. Call today for your private showing!
See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417
Annual Financial Highlights
Expected Rent
$30,552Expenses
-$5,438Property Taxes
-$5,090Loan Payments
-$20,931Net Cash Flow
-$907See 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.
Similar Listings
Listing Courtesy of:Jeff Davis
Agent License 3375981
COLDWELL BANKER REALTY
Agent License 3375981
COLDWELL BANKER REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #A4646597
Last Updated: 04/17/2025 10:04
MLS #A4646597
Last Updated: 04/17/2025 10:04