204 52nd Avenue Dr., Bradenton, FL 34207

BUILDER'S CLOSEOUT! Brand New 1 bedroom, 1 bath LAND OWNED (NO LOT RENT) with new carport and locking storage room. Surveyed, deeded lot, not in flood zone. New range, fridge, and dishwasher. New stacked washer-dryer included in unit ($1200 value). Beautiful 42" cabinets in kitchen and dining area. 9 foot Ceilings - Tray ceilings in Living Room and Master Bedroom. Video cabinet in living room with internal wall braces for mounting TV. Fans in LR & Master. Bath has large linen closet. Working hood range over stove with tile backsplash. All 2" blinds and wood or cloth valences included. Wood-look vinyl in kitchen, dining and bath area; carpet in living room and bedroom. Completely move-in ready. Large backyard could be easily fenced in for your own little oasis and streetlight for backyard. New landscaping. Only monthly fee is HOA of $120/month, which includes water, sewer, trash, and association amenities such as heated pool, shuffle board, clubhouse with social activities. Onsite storage for RV/Boat/Large Vehicle for $30/month. 9 miles to Bradenton Beach. Heart of all the restaurants and shops in Bradenton off HWY 70. Least expensive new home (Single family, modular, or manufactured) in MLS. Here is investor info:
Purchase Price: $89,900
Annual Rent: $950 x 12 = $11,400 (this rent est. low for new home)
Annual Expenses: $1440 HOA, $500 Ins, $500 taxes = 2440
Net Annual Profit: $8,960
Approx. Return on investment: 8,960/89,900 = 10% ROI