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$850,000
$246/sqft5% reduced
HOA: NoneTaxes: $7,853/yr265d on market
8 Beds|7 Baths|3,456 Sq Ft|Built 1925
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💡 Price recently reduced — this could be a great opportunity to negotiate.

C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 5% ($49,000 off original)
  • 265+ days on market — seller may be motivated
  • Updated 3 days ago

Buyer Insights are informational only — always verify with your agent.

Outstanding opportunity to own a 7-unit multifamily investment property in a strong rental market. This well-maintained building features a desirable unit mix and consistent rental history, making it a solid addition to any portfolio. All seven units are currently leased with reliable tenants in place, while two vacant units provide immediate potential to increase income by leasing at today's market rates. The property offers steady cash flow with additional upside, ideal for both seasoned investors and those entering the multifamily space. Conveniently located near shopping, dining, and major commuter routes, this 7-plex benefits from strong tenant demand and long-term appreciation potential. Don't miss this rare chance to secure a performing asset with built-in growth opportunities.

Subdivision
FAIRVIEW PARK
County
Manatee
Zip Code
34205
Community
Fairview Park

Neighborhood

Map unavailable

Type
Multi-Family 5+
Living Area
3,456 sqft
Construction
Frame, Wood Siding
Roof
Shingle
Flooring
Vinyl
Pool
No
HOA
None
  • Ceiling Fans(s)
  • Storage
  • Refrigerator
  • None
  • Electricity Available
  • Public
  • Water Connected
Bedrooms
8
Bathrooms
7
Year Built
1925
Construction
Frame, Wood Siding
Flooring
Vinyl
Roof
Shingle
Garage Spaces
0
Cooling
Wall/window Unit(s)
Heating
Electric
Waterfront
No
Pet Restrictions
Lot Size
0.25 acres
Senior Community
No
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2024
Annual Tax Amount
$7,853
No HOA fees on this listing.
Down Payment20% — $170,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$4,298
HOA Fee
$0
Est. Property Tax
$654
Est. Insurance
$283
Total Est. Monthly Cost$5,236

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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