Address
108 Martin Luther King AVENUE E, BRADENTON, FL
Price
$ 699,000
Property Attributes
  • MLS#T3533508
  • TypeCommercial
  • CountyMANATEE
  • CityBRADENTON
  • AreaBradenton-Braden River
  • NeighborhoodSharps Add To The City Of Manatee
  • Zip34208
  • StyleMixed Use
  • Year Built1951
  • Taxes$ 2829
  • Price$ 699,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1753
  • Lot Size0.35 Acres
Data Source:
Stellar MLS
Property Description

!! Investment Opportunity!! Call to preview this rare find! Please see attached info for property. This property is in an opportunity zone, which yields tax benefits. The property is zoned T5 and is permitted for 13 regular apartment units or 17 "affordable housing" units as well as duplexes & triplexes. The property's zoning code also allows for retail, hotel, office, storage units, restaurant, small school and a variety of other commercial uses. Property is located directly off of Bradenton's main highway. Additionally, the property is neighboring 5-6 apartment complex within a 1-mile radius. This Prime Located Commercial Building is walking distance to Manatee Memorial Hospital, Bradenton Riverwalk & some of Bradenton’s hottest food venues. The building is located directly off the corner of 1st street (Bradenton’s busiest highway) with quick access to all of Bradenton’s best locations. The interior layout is very modern and simplistic. Recently renovated in 2021, the interior consists of recessed lighting, vinyl flooring, newly painted walls and the potential for customization to accommodate coming business. The property has ample parking on both sides and the rear. Excellent monument signage directly off main intersection. Take advantage of this magnificent investment opportunity today!

Price History
6/12/2024 Listed $699,000

General Features

Sewer Public Sewer
Cooling Central Air
Utilities BB/HS Internet Capable,Phone Available,Private
Zoning T5
Construction Materials Brick
Year Built 1951
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Partnership
County Manatee
New Construction No
Property Type Commercial Sale
Subdivision Name SHARPS ADD TO THE CITY OF MANATEE
Facing Direction North
Status Active
Directions Merge onto I-75 S 0.4 mi Take exit 228 to merge onto I-275 N toward St Petersburg 1.7 mi Take exit 2 for US-41 S 0.3 mi Turn left onto US-41 S/S Tamiami Trail 3.6 mi Slight left to stay on US
ModificationTimestamp 2024-06-12T05:00:08.913Z
City BRADENTON
Buyer Agent Compensation 3%
View Y/N No
MLS Area 34208 - Bradenton/Braden River
Lot Size Units Square Feet
Lot Size Square Feet 15098
Waterfront Y/N No
Tax Annual Amount 2829
Property Condition Completed
Additional Parcels Y/N No
Days on Market 1
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 5
Legal Description THAT PART OF LOTS 5,6 AND 7 BLK A SHARP'S ADD AS REC IN PB 6,PG 68 PRMCF LYING WITHIN THE FOL DESC: FM THE NW COR OF SEC 36,S 00 DEG 01 MIN 15 SEC W ALG THE W LN OF SD SEC A DIST OF 30.00 FT; TH S 89
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Interior Features

Flooring Luxury Vinyl
Air Conditioning Y/N Yes
LivingAreaSource Public Records

Exterior Features

Water Source Public
Lot Size Area 15098
Foundation Details Slab
Number of Buildings 1
Building Area Total 1753
Lot Size Acres 0.35
Road Surface Type Asphalt
Road Frontage Type Highway

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 34208

Price
AVG $1.92M
$700K
Taxes
AVG $21,910
$2,829
Visits
AVG 14
32
Data Provided by Inside Real Estate®
Year Built
AVG 1986
1951

Areas We Cover