5135 Manatee Avenue W 2,9ab

$749,900, 4,424 Sqft 4½ Acres

About This Property

7.3%=+/- CAP RATE!!Cash Cow investment with long term leases and little landlord responsibility!! 3 general commercial condominium units located within The Fairway Center engihborhood strip center in great west Bradenton location directly on State Route 64, a.k.a. Manatee Avenue West. Situated with over 40,000 cars per day average annual daily traffic counts. At the traffic signaled intersection of 51st Street West and Manatee Avenue West on the south and west quadrant. Additional east or westbound access from median cut in SR64! Superb signage on pylon as well as monument signs on Manatee Ave W AND 51st Street West. Store signage on the facade is best of center, bar none. Long term leases with exceptional, reliable, long term income in place. Condo takes care of roof, site, structure, water, sewer, trash, common electric and building insurance (see details within this listing)! So easily managed this cash cow investment opportunity will ensure you satisfaction with this opportune selection. Call direct Lance direct for your viewing. Individually parceled condo units (3) comprising two tenants in the medical industry. Easy acquisition and disposition is really the potential. Excellent CAP rate and NOI!!! Includes parcels 380130/0512 & 0520 & 0157!

Essential Information

MLS® #A4180767
Price$749,900
Bathrooms0.00
Square Footage4,424
Acres4.50
Year Built1973
TypeIncome
Sub-TypeTriplex
StyleOther
StatusActive

Community Information

Address5135 Manatee Avenue W 2,9ab
AreaBradenton/Palma Sola
SubdivisionFAIRWAY CENTER CONDO
CityBRADENTON
CountyManatee County
StateFL
Zip Code34209

Amenities

ParkingNone, Open, Oversized

Utilities

BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Gas, Public, Street Lights

Interior

InteriorCarpet, Ceramic Tile, Laminate
Interior FeaturesCeiling Fans(s)
AppliancesElectric Water Heater
HeatingCentral, Electric
CoolingCentral Air, Zoned
StoriesOne

Exterior

Exterior FeaturesFenced, Rain Gutters, Storage
Lot DescriptionTwo + to Five Acres
RoofMetal

Exterior

Block, Brick, Metal Frame, Stucco

Additional Information

Days on Market400
ZoningGC

Listing Details

OfficeDARLING REALTY

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5135 Manatee Avenue W 2,9ab, BRADENTON (MLS® #A4180767) Property History

Price Reduced from $774,900 to $749,900

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Listing data comes from My Florida Regional MLS.

Listing information last updated on April 20th, 2018 at 12:31am EDT.

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