Property Description

EXCEPTIONAL SHORT-TERM RENTAL INVESTMENT OPPORTUNITY WITH NO HOA OR DEED RESTRICTIONS! Welcome to 8308 29th Street E in Ellenton, a renovated pool property offering space, versatility, and exceptional income-producing potential. ***INVESTORS, TAKE NOTICE! With extensive renovations, a private pool, multiple outdoor gathering areas, separate guest accommodations including 3 ensuite baths, and no HOA, this property offers significant short-term rental income potential. Investors purchasing before year-end may also benefit from current federal tax provisions allowing 100% bonus depreciation on qualifying property components acquired and placed in service during 2026. ***The main residence underwent extensive renovations in 2023, including a remodeled kitchen and bathrooms with updated cabinetry, granite countertops, fixtures, and all-new kitchen appliances. Additional improvements include new interior doors, baseboards, casings, and wood-look ceramic tile flooring throughout. All sewer lines beneath the main residence were also replaced with PVC in 2022. Additional updates to the main house include a 2016 roof and a new 5-ton air-conditioning system installed in 2026. ***A separate two-story poolside structure features an upstairs one-bedroom, one-full-bath bonus apartment with its own living room and a new mini-split air-conditioning system installed in 2024. Directly beneath the apartment is a spacious covered, open-air lanai with tile flooring and a convenient half bathroom, ideal for poolside entertaining. ***The outdoor amenities include a private swimming pool with built-in seating and an in-pool table, a spacious backyard enclosed by white vinyl fencing, and a second screened lanai located off the carport and accessible from the main house. A covered outdoor kitchen features a grill, sink, refrigerator and ample countertop space. Parking and storage are equally impressive, with a detached two-car garage, two-car carport, and an expansive driveway capable of accommodating large RVs, boats, trailers, and multiple vehicles. A dedicated 50 amp RV hookup adds further convenience. ***Conveniently located near Ellenton Premium Outlets, shopping, restaurants, Fort Hamer Park and boat ramp, and Gulf Coast beaches, with easy access to I-75 for commuting to Sarasota, Bradenton, St. Petersburg, and Tampa. Whether you're looking for a spacious primary residence, multigenerational living, or an income-producing investment, this property offers a rare combination of features and flexibility. Schedule your private showing today!