Under contract-accepting backup offers. Rare investment opportunity a short distance to the beach with immediate income already in place: the smaller 2-bedroom, 1-bath unit is currently rented for $2,200/month, producing $26,400 annually before accounting for the larger 3-bedroom, 1-bath unit’s potential as either a short- or long-term rental. The tenant… Read More is currently on a monthly lease and has occupied the unit for 10+ years, adding a strong in-place rental history. Set in a location that is ideal for short-term rentals near Bradenton Beach, Anna Maria Island, Palma Sola Bay, and the Gulf beaches, this duplex offers a compelling combination of current cash flow, rental upside, multi-family zoning, and long-term flexibility.
Situated on an oversized 14,566 sq ft multi-family zoned lot (zoned up to , the property features approximately 1,836 sq ft under air and 2,836 total sq ft. The larger 3-bedroom unit gives the next owner clear upside through long-term rental, seasonal rental, furnished short-term rental, or owner-occupant use while continuing to collect income from the smaller unit. With the current rent already established on the 2-bedroom side, the larger unit creates the opportunity to significantly increase total monthly income depending on lease terms, furnishings, management, and rental strategy.
The lot is a major differentiator. Unlike many duplexes in this area, the property offers generous outdoor space, ample parking, tropical landscaping, tw screened lanais, detached garage/storage, and plenty of room to explore adding a pool or enhanced outdoor entertainment area. For investors targeting the short-term rental market, those outdoor features can be especially valuable, giving guests the private Florida setting they are looking for while helping the property stand out from more basic income listings.
The property has the relaxed coastal presentation that works well for long-term tenants, seasonal guests, or vacation-rental use without requiring a luxury-level renovation to be appealing.
The location is the heart of the investment story. 4512 99th Street W is positioned near Cortez Road, the bridge to Anna Maria Island and Bradenton Beach, waterfront dining, marinas, Robinson Preserve, Palma Sola Bay, shopping, and the broader west Bradenton coastal corridor. With two units, in-place income, a large multi-family zoned lot, strong outdoor appeal, room for future amenity upgrades, and a beach-adjacent location that supports multiple rental strategies, this property offers current cash flow, clear upside, and long-term flexibility in one of west Bradenton’s most strategic coastal rental markets. Read Less
Courtesy of AMY ROBINSON REAL ESTATE LLC 941-346-7000
Listing Snapshot
Days Online
14
Last Updated
Property Type
Duplex
Beds
5
Square Ft.
1,836
Lot Size
0.33 Acres
Year Built
1971
MLS Number
A4696730
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Dishwasher, Range, Refrigerator, Other equipment: Private Yard
Building
Built in 1971, Living area: 1836, Living area units: Square Feet, Levels: One, Construction Materials: Block
Cooling
Central Air
Exterior Features
Lighting, Private Yard, Storage
Floors
Ceramic Tile, Luxury Vinyl, Slate
Foundation
Slab
Heating
Heat Pump
Income
Gross Income: $58,800
Interior Features
Ceiling Fans(s)
Laundry
Laundry Room
Lot
0.33 acres, Dimensions: 155x95
Parking
2 carport spaces
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 7630110059, Public Survey Range: 16, Public Survey Section: 12, Annual Amount: $5,106, Tax Block: E, Tax Book Number: 8-35, Legal Description: LOT 12 BLK E BAY BEACH SUB TOGETHER WITH A PERPETUAL EASMT FOR PURPOSE OF TRAVEL PER DB 333 PG 365 DESC AS FOLLOWS: BEG AT NW COR OF SD LOT 19 BLK A OF BAY BEACH SUB, RUN E ALG N LN OF SD LOT 20 FT; TH SWLY PARALLEL TO WLY LN OF SD LOT 19 TO WATERS O F SARASOTA BAY; TH WLY ALG MEANDERS OF SD BAY TO SW COR OF SD LOT; TH NELY ALG WLY LN OF SD LOT TO POB., Lot: 12, Year: 2025, Zoning: RDD6
Tenant Pays
Electricity, Water
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Water Source: Public
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