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

Essential Information

MLS® #A4144724
Price$529,900
Bathrooms0.00
Square Footage2,984
Acres0.00
Year Built1973
TypeIncome
Sub-TypeDuplex
StatusActive

Community Information

Address5239 Manatee Ave W #2
AreaBradenton/Palma Sola
SubdivisionFairway Center Condo
CityBradenton
CountyManatee County
StateFL
Zip Code34209

Amenities

FeaturesBuyer Approval Required
GaragesNone

Utilities

BB/HS Internet Avail, County Water, Electric, Fiber Optics, Gas

View

Close to Bus, Corner Lot, Highway Frontage, In County, Level, Street Paved

Interior

CoolingCentral, Zoned/Multiple
Stories1 Level

Interior Features

Ceiling Fan(s), Handicapped Modified, Other

Heating

Central, Fuel - Electric, Heat Pump, Zoned/Multiple

Exterior

ExteriorBlock, Stucco
Lot DescriptionTwo + to Five Acres
RoofMetal

Exterior Features

Fenced, Handicap Modified, Mature Landscaping

Additional Information

Days on Market675
ZoningGC

Listing Details

OfficeDarling Realty

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5239 Manatee Ave W #2, Bradenton (MLS® #A4144724) Property History

Price Reduced from $549,900 to $529,900
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.

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