119 BRIDGE STREET $4,995,000

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    119 BRIDGE STREET BRADENTON BEACH, FL 34217

    • 8,290 sq. ft.
    • 0.23 Acres
    • Commercial
    • MLS# A4494376
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    Views: 12 Days On Site: 135

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    Property Details

    Description Tours

    Prime investment opportunity at a great price in a new construction mixed use development on Bridge street .Currently there is only two vacant units with the others stable after the lockdowns .This property proved to be pandemic proof with its tenancy during 2020 . The property also benefits from being granted planning approval last year to construct apartments over the large private rear parking lot , these would be projected to increase gross revenue by at least $25,000 per month . Property is currently achieving a Gross income of $300,000PA or a 5.5% gross cap rate . More information for the property can be seen on www.theislandplaza.com Full architectural plans available

    • General Features
      • Property Subtype Mixed Use
      • Additional Parcels Y/N false
      • Adjoining Property Commercial
      • County Or Parish Manatee
      • New Construction Y/N true
      • Special Listing Conditions None
      • Subdivision Name CORTEZ BEACH
      • Tax Annual Amount 23728
      • Year Built 2018
      • Zoning C2
    • Building Features
      • Ceiling Type Acoustical,Drywall,Insulation/Vinyl
      • Construction Materials Block, Concrete
      • Cooling Central Air, Mini-Split Unit(s)
      • Electric 100 Amp Service,200+ Amp Service,Separate Meters
      • Building Area Total 9000
      • Building Area Source Builder
      • Flooring Ceramic Tile, Concrete
      • Foundation Details Slab, Stilt/On Piling
      • Parking Features 13 to 18 Spaces
      • Living Area 8,290
      • Roof Metal
      • Security Features Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Security Lights, Smoke Detector(s)
    • Property Features
      • Lot Features Central Business District, Historic District
      • Lot Size Acres 0.23
      • Lot Size Square Feet 10001
      • Property Condition Completed
      • Total Acreage 0 to less than 1/4
      • Total Num Buildings 1
      • Road Frontage Type Business District
      • Water View Bay/Harbor - Partial, Gulf/Ocean - Partial
      • Water Access Y/N No
      • Water Extras Y/N No
      • Water View Y/N Yes
      • Waterfront Feet Total 0
      • Waterfront Y/N false

    Contact

    Stephanie Armstrong

    Stephanie Armstrong

    Real Estate Results Specialist

    Suncoast Realty Solutions

    Cell: 813-586-4773

    Neighborhood

    34217 (BRADENTON BEACH) Demographics

    64 Median Age
    2,290 Population Density (per sq. mile)
    56% College Educated
    $52,334 Estimated Median Income
    1,820 Estimated Total Home Owners
    779 Estimated Total Renters
    70% / 30% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    5,026 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $820,000 Median Sales Price
    22 Homes Sold
    40 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $4,995,000 25.03%
        3/14/2021 5:53:00 PM New in Database Source: Multiple Listing Service New Value: $3,995,000

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        Listing information provided in part by the IDX Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Data last updated on 7/27/2021 1:44:25 AM.

        Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.



        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.