Beautiful Bradenton Beach Investment Property!

Expired Office for Sale
Catylist Listing ID: 30800042
Property Subtypes: Net Leased, Office Building
Building Size (RSF): 1,125 SF
Sale Price: $675,000
Unit Price: $600 PSF
Property Use Type: Investment
Class of Space: Class A
Usable Size (USF): 1,125 SF
Sale Terms: Cash to Seller
Cap Rate: 3.95%
Average Occupancy Rate: 100
Last Updated: 11/20/2022

Overview / Comments

Single Tenant Building with newly executed three-year lease with renewal options.

- Great location one block off of Bridge Street
- Brand new lease with established tenant business with multiple locations
- Well Kept
- Maintained as part of Condo Association

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $4,100 (Annual)

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: Manatee County
Tax ID/APN: 7742111159
Zoning: BB_R-1
Property Located Between: 3rd St S & Bay Drive South
Property Visibility: Good
Highway Access: US-41
Airports: Bradenton-Sarasota, St. Pete - Clearwater, Tampa International
Site Description: Located on south side of street - one block south of Bridge Street. And one block east of the Gulf beaches. Yards away from the shore of Cortez Bay to the east.
Area Description: Bradenton Beach - Bay Side near water, one block south of Bridge Street district
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,125 SF
Year Built: 1930
Exterior Description: Coastal Craftsman / Key West Style exterior
Parking Description: 3 Parking Spaces on site
Total Parking Spaces: 3
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: DSL
Interior Description: Tile Floors Throughout, Vaulted Ceilings, Skylights
Lot Frontage: 150
Lot Depth: 85
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Carmelo, LLC
Legal Description: UNIT 13 OLD BRIDGE VILLAGE, A CONDO PI#77421.1130/9

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 519 10,478 44,818
Median Age: 58.27 63.14 54.35
Households: 289 5,744 21,680

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