6816 PALM DRIVE, HOLMES BEACH, FL 34217 (MLS # A4450788)

Save to Favorites
Print
Share
PRICE $625,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 1,300 sqft
LOT SIZE 7,800 sqft

Cash Flow Opportunity. Though zoned for vacation rentals, the owner had been renting as a long term rental. This duplex is now vacant and is ideal for a vacation rental program. Property has been priced to cash flow. 70% Occupancy rate should generate net income of nearly $60,000 per year. Upside to increase rents and occupancy for even better returns. Your vacation renters will love this excellent mid-island walkable location. Close to the beach - only a stroll away. Convenient to restaurants, marina, and shopping. Trolley stop nearby. The property also overlooks Spring Lake with a private wood dock. Private and serene setting. Unit A is 1-Bedroom 1-Bath unit which should rent for $1000/week during season. Unit B, 2-Bedroom 1-Bath unit was just remodeled and should rent for $1500/week during season. Each unit has a spacious 2-car garage. Washer and dryer hook-ups for each unit. Elevated living level complies with FEMA. Property is ready to rent, though would also benefit from your personal touch. Long term leases have expired and tenants have vacated, so great opportunity for a new owner to take advantage of the upcoming vacation rental season. Rental Income and Net Income Projections available.

DAYS ON MARKET 107 LAST UPDATED 2/21/2020
TRACT CLARK SPRING LAKE ESTATES YEAR BUILT 1979
COMMUNITY 34217 - Holmes Beach/Bradenton Beach GARAGE SPACES 4.0
COUNTY Manatee STATUS Sold
PROPERTY TYPE(S) Residential Income

SCHOOLS
Elementary School Anna Maria Elementary
Jr. High School Martha B. King Middle
High School Manatee High


ADDITIONAL DETAILS
AIR Central Air, Humidity Control
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
AREA 34217 - Holmes Beach/Bradenton Beach
CONSTRUCTION Block, Wood Frame
EXTERIOR Balcony, Lighting, Sidewalk
GARAGE Driveway, Garage Door Opener, Off Street, Oversized, Yes
HEAT Central, Electric
INTERIOR Ceiling Fans(s), Kitchen/Family Room Combo, Solid Surface Counters, Thermostat, Window Treatments
LOT 7800 sq ft
LOT DESCRIPTION In City Limits, Level/Flat, Near Marina, Near Public Transit, Sidewalk, Street Paved, View - Trees/Woods, Water, WaterFront - Lake
LOT DIMENSIONS 75x104
STORIES 2
STYLE Duplex
SUBDIVISION CLARK SPRING LAKE ESTATES
TAXES $7306.16.00
UTILITIES Cable Connected,Electricity Connected,Phone Available,Public,Sewer Connected
VIEW Yes
VIEW DESCRIPTION Lake
WATER ACCESS Lake
WATERFRONT Yes
WATERFRONT DESCRIPTION Lake
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
 
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 6816 PALM DRIVE
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Team Duncan to contact you even if your name is on a Federal or State "Do not call List".

Listed with PREMIER SOTHEBYS INTL REALTY
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 8/8/20 7:08 PM PDT.

This IDX solution is (c) Diverse Solutions 2020.

Skip to content