5239 Manatee Ave W #2
$529,900, 2,984 Sqft
About This Property
$34,650 +/- in NOI plus lonng term lease!!! Commercial investment located in The Fairway Center Condominium. Strong, reliable NOI, combine with other adjacent condos for a larger leased, cash flow investment. Strong credit tenant with proven track record and the opportunity has very little Landlord duties. An excellent cash flowing, strong CAP rate investment opportunity on Florida's gulf coast, close to Ana Maria Island, Longboat Key and the gulf beaches of the greater Sarasota/Bradenton MSA. 48,000+/- AADT driving by on State Route 64 also known as Manatee Avenue West along with super ingress and egress. Situated at the intersection of 51st Street West in the county of Manatee, Bradenton, Florida. Strong local demographics support a wide variety of uses along with a broad zoning code of General Commercial within the county. Well funded reserves and an active association which currently maintains the roof, exterior structure, site, parking, painting, common electric, common restrooms, common water, building insurance
BB/HS Internet Avail, County Water, Electric, Fiber Optics, Gas
Close to Bus, Corner Lot, Highway Frontage, In County, Level, Street Paved
Ceiling Fan(s), Handicapped Modified, Other
Central, Fuel - Electric, Heat Pump, Zoned/Multiple
Fenced, Handicap Modified, Mature Landscaping
5239 Manatee Ave W #2, Bradenton (MLS® #A4144724) Property History
Price Reduced from $549,900 to $529,900
Price Increased from $529,900 to $549,900
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Listing data comes from My Florida Regional MLS.
Listing information last updated on December 15th, 2017 at 6:19pm EST.