2520 RIVERSIDE DRIVE E
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2026 | Price Decreased |
$489,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Feb 13, 2026 | Listed by WAGNER REALTY | $499,000 | |
| Listed by WAGNER REALTY | |||
| Jul 1, 2024 | Price Decreased |
$475,000
↓ $24K
(4.8%) | |
| Price Decreased | |||
| Apr 23, 2024 | Listed | $499,000 | |
| Listed | |||
| | |||
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Welcome to your dream waterfront property! This cleared, buildable quarter-acre paradise boasts an unobstructed panoramic view of the stunning Manatee River. Imagine waking up every day to the breathtaking sight of the tranquil river, dotted with palm trees and surrounded by the lush greenery that the city maintains.
With a 13,000 lb boat lift and dock at your disposal, you can live out your boating dreams! Set sail from your own backyard and explore the limitless Intracoastal Bays and Gulf. Whether you're taking a sunset cruise or touring the local eateries along the riverbank, the possibilities are endless. MANATEE COUNTY MAINTAIN SEAWALL
But that's not all! This prime piece of real estate offers you the unique opportunity to build your dream home amidst a tropical Florida setting. Surrounded by palm trees, oak trees, citrus and mango trees, you'll have an exquisite backdrop for your new abode.
Existing amenities include a water meter connection to the dock, accessible electricity, an existing driveway, and a solid foundation. And with no HOA or deed restrictions, you have the freedom to create your dream life without any limitations.
Minutes away from beautiful beaches and bays, this property is a boater's paradise! Quick access to SR64 and I-75 makes commuting to Bradenton, Sarasota, St. Petersburg, and Tampa a breeze. And with excellent schools, dining options, and shopping nearby, this is more than just a property - it's a lifestyle!
So don't miss out on this unbelievable opportunity to create your dream life by the water. Call us today and secure your slice of paradise!
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| Jul 2, 2023 | No longer available | - | |
| No longer available | |||
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About Bradenton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017