8504 71st Avenue Drive E, BRADENTON

$695,000

4 Beds
4 Baths
3,070 Sqft
.45 Acres
0 Garages

One of the MOST unique properties in Bradenton. There’s really nothing quite like it. A peaceful and tranquil slice of heaven directly on the banks of the Braden River, this gated 3-unit compound is a perfect opportunity for retirees or investors. The main house is currently occupied by the owners and boasts a large first floor Master Bedroom with a King-size bed in the original log cabin that sat on the property and a large Master Bath. The second bedroom loft is overlooking the living area, a spacious gourmet eat-in-kitchen, an oversized living area with a gorgeous stone wood-burning see through fireplace in to the Main Bedroom, and a screened-in porch you will want to practically live on overlooking the river. Not only are you enveloped in lush and luxurious landscaping, pathways, live oaks, and fauna to explore, how does a lazy stroll down the Braden River on a kayak sound, leaving from your very own personal boat dock? Additionally, the Airbnb and VRBO rental potential on the two stand-alone units in the compound have historically paid the mortgage and all the expenses for all three properties. What better way to ‘semi-retire’ and still feel useful all while earning a great income stream. The two rental units are affectionately called “The Guest House” and “The Cottage”. Each has its own kitchen and full bath. The Guest House is the larger of the two and has a spacious living area separate from the bedroom. The Cottage is a little cozier and is the smaller of the two rental units. There’s also the possibility to rent all three units including the Main house and therefore, greatly increase the income stream potential. This truly is a property that must be seen to be appreciated. Southwest Florida charm at its finest. There really isn’t enough room here to list all the collateral benefits of owning this outstanding offering. This entire compound comes fully furnished except for a few personal items. A turn-key residential income property opportunity directly next door to the historic Linger Lodge! Enjoy proximity to I-75 and the best the area has to offer while being away from it all.
* Please see the attachments for historical data on the income for the rental units, the current rate for units similar to the Main house, and past yearly expenses, insurance costs, etc.

Essential Information
MLS® #A4485050
Price$695,000
Bedrooms4
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage3,070
Acres0.45
Year Built2001
TypeResidential
Sub-TypeSingle Family Residence
StyleBungalow,Custom,Historical
StatusPending
Community Information
Address8504 71st Avenue Drive E
SubdivisionACREAGE & UNREC
CityBRADENTON
CountyManatee
StateFL
Zip Code34202
Community FeaturesWater Access,Waterfront
Pet Restrictions YNY
Minimum LeaseNo Minimum
Area

Bradenton/Lakewood Ranch/Lakewood Rch

Amenities
Water ExtrasDock - Wood
Water ViewRiver
Interior
HeatingCentral,Heat Pump
CoolingCentral Air,Humidity Control
FireplaceYes
# of Stories2
Interior Features

Ceiling Fans(s),Central Vaccum,Kitchen/Family Room Combo,Master Downstairs,Open Floorplan,Stone Counters,Vaulted Ceiling(s),Walk-In Closet(s)

Appliances

Dishwasher,Disposal,Electric Water Heater,Exhaust Fan,Microwave,Range,Range Hood,Refrigerator,Water Softener

Fireplaces

Family Room,Master Bedroom,Wood Burning

Exterior
RoofShingle
FoundationCrawlspace
Exterior Features

Balcony,Fence,Other,Outdoor Shower,Sidewalk

School Information
ElementaryBraden River Elementary
MiddleBraden River Middle
HighLakewood Ranch High
Additional Information
Date ListedDecember 1st, 2020
Days on Market42
ZoningA1/WPE/S
Costs
HOA Fee$0
Taxes$4,254
Tax Year2020

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on January 17th, 2021 at 9:38am EST.