Updated Office Building on
2423 MANATEE AVENUE W, Bradenton, FL 34205
New
Office - BRADENTON, FL
Type:Office
Property size:
2,215 SFLot size:
0.15 AcresPrice / SF:
$223/SF- Added:
- May 19, 2026
- Days on Market:
- 3
- Last Refresh:
- May 21 at 5:06 pm
Property Features for 2423 MANATEE AVENUE W
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- R-1C
- Exterior features
- Paved
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 3417100009
- Size
- 2,215 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5483
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1925
- Number of units
- 1
- Flooring type
- Vinyl
- Building materials
- Frame, Vinyl Siding
- Roof type
- Metal
- Architectural style
- Other
Listing agent Adrian Alanis Arredondo License #3297706 (941) 345-0141
Listing office THE ORANGE REAL ESTATE GROUP 515 9th St E, Bradenton, FL (941) 500-4091
Listing date May 19, 2026
MLS# A4693636
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Exceptional visibility and accessibility with approximately 50 feet of frontage on Manatee Avenue.
- Professionally updated, two‑story office building with 1,864 square feet, minutes from Downtown Bradenton.
- Extensively remodeled interior features high‑end wood laminate flooring and new metal roof under warranty.
- Functional layout with four private offices (potential for five), conference room, kitchenette, and two bathrooms.
- Enjoy the private outdoor sundeck accessible from an upstairs office.
- Urban Village (UV) zoning designed for walkable, mixed‑use neighborhoods.
Overview
Located on Manatee Avenue West, this two-story office building offers 1,864 square feet of space. The property has approximately 50 feet of frontage and high traffic volume. The building was effectively built in 2004 and extensively remodeled within the past four years. Interior features include wood laminate flooring, drywall finishes, and a bright atmosphere. The layout includes four private offices, with one oversized office that could be converted into a fifth. A first-floor common area can serve as a conference room or collaborative workspace, complemented by a downstairs bathroom and a kitchenette. Upstairs, one office opens onto a private outdoor sundeck, and there is a full bathroom with a shower. The main entrance is accessed through a wooden covered porch, adjacent to brick-paver parking. The current zoning is Urban Village (UV), designed to foster a walkable, mixed-use neighborhood blending residential and commercial activity. The property is suitable for an owner-user, a boutique business, or a multi-tenant office. The lot size is 0.15 acres. The property has a new metal roof still under warranty.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$401.9K
NOI $36,170 @ 9.00% cap · cautious / downside scenario
Moderate
$516.7K
NOI $36,170 @ 7.00% cap · market / base-case scenario
Aggressive
$723.4K
NOI $36,170 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.0k | $23.04 |
| − Vacancy | −$2.8k | −$1.27 |
| EGI | $48.2k | $21.77 |
| − OpEx | −$12.1k | −$5.44 |
| NOI | $36.2k | $16.33 |
2,215 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$516.7K
$452.1K – $602.8K
NOI $36,170 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$651.4K
$569.9K – $759.9K
NOI $45,595 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Big Earth Landscape ...
Garden Center
Beacon Home Design
Construction Company
Gulf Coast Engineering ...
Architectural Designer
Mid-America Mulch Inc
Garden Center
Location Insight
- Map
- Local Demand
- City
- Bradenton
- County
- Manatee
- State
- Florida
- Longitude
- -82.585977
- Latitude
- 27.495314
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Two-story office building with modern updates and high visibility.
Where is this office building located?
The property is located at 2423 MANATEE AVENUE W Bradenton, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Exceptional visibility and accessibility with approximately 50 feet of frontage on Manatee Avenue.; Professionally updated, two‑story office building with 1,864 square feet, minutes from Downtown Bradenton.; Extensively remodeled interior features high‑end wood laminate flooring and new metal roof under warranty.
