Historic Bungalow with Detached Studio

1006 11TH AVENUE W Bradenton, FL 34205

Claim this Listing
Pending
$322,000

Mixed Use - BRADENTON, FL

Type:Mixed Use
Property size:
1,042 SF
Lot size:
0.17 Acres
Added:
Oct 7, 2025
Days on Market:
279
Last Refresh:
Jul 12 at 11:06 am

Property Features for 1006 11TH AVENUE W

General Information

Property type
Commercial Sale
Property subtype
Mixed Use
Zoning
R3B/VAOD
Security features
Fire Alarm, Security System
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Standard status
Pending
APN
4351400009
Size
1,042 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
4776

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1935
Flooring type
Tile
Building materials
Frame
Roof type
Shingle
Architectural style
Other

Listing agent Jo Walker License #3215735

Listing office COASTAL PROPERTIES GROUP INTERNATIONAL 423 Mandalay Ave Ste 102, Clearwater Beach, FL

Listing date Oct 7, 2025

MLS# TB8435700 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.


Investment Insights

Based on property information with market context.

Charming early 20th-century bungalow features original hardwood floors, built-in wood furniture, and large wood-framed windows that bring in natural light. Inside, the home includes a wood-burning fireplace in the living area, adjustable ceiling spotlights, and a kitchen with a gas stove, full-size refrigerator, dishwasher, and microwave, finished with granite counters. A laundry area off the kitchen includes a full-size washer and dryer. The updated full bathroom offers artistic tilework and a pebble-finish shower floor. A covered, screened-in porch sits off the back, opening to a fully fenced backyard with mature oak, kapok, and bamboo trees, plus an on-site stone-framed pond. The property has passed its 4-point inspection and is noted as qualifying for insurance.

Zoned R3B/VAOD (also described as BR_T4-R) for both residential and commercial use, the home is located a few blocks south of downtown Bradenton. It is within walking distance to LECOM Park, home of the Pittsburgh Pirates’ spring training, and is described as a short drive to Florida beaches.

A separate stand-alone 8' x 15' building with electricity and its own A/C unit is set up as an art studio, workshop, or office, and has previously been rented to local artists. The remarks also note no HOA and no minimum rental period, supporting flexible live/work and short-term rental considerations within the Village of the Arts live-work environment.

Key Highlights

  • 1935 historic cottage zoned BR_T4‑R for both residential and commercial use
  • Passed its 4‑point inspection, qualifying for insurance
  • Gas kitchen includes granite counters plus dishwasher, microwave, and refrigerator

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

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.

Component $ $/SF
Gross rent $31.3k $30.00
− Vacancy −$2.0k −$1.95
EGI $29.2k $28.05
− OpEx −$11.0k −$10.52
NOI $18.3k $17.53
1,042 SF · lease $30.00/SF/yr · vacancy 6.50% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$261.0K
$228.4K – $304.5K (±1% cap)
NOI $18,268 @ 7.0% cap · market cap 5.67%
Second Best
Office B
$243.1K
$212.7K – $283.6K (±1% cap)
NOI $17,015 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$306.4K
$268.1K – $357.5K (±1% cap)
NOI $21,449 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Locksmith Catering Service (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Live-work space - Historic bungalow offers residential and commercial flexibility, plus a detached, air-conditioned studio building.
Where is this live-work space located?
The property is located at 1006 11TH AVENUE W Bradenton, FL.
What is the asking price?
The asking price for this property is $322,000.
What are key features of this property?
This property features: 1935 historic cottage zoned BR_T4‑R for both residential and commercial use; Passed its 4‑point inspection, qualifying for insurance; Gas kitchen includes granite counters plus dishwasher, microwave, and refrigerator
Contact an agent
More about this property
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