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For sale
Residential income properties
FL
Bradenton
34210
3438 WOOD OWL CIRCLE 275

First-Floor Condo in Wild Oak

3438 WOOD OWL CIRCLE 275, Bradenton, FL 34210

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For Sale

$212,000

Furnished 2-bedroom condo with water view and resort-style amenities.

Type:Condo/Townhome

Property size:

1,314 SF

Price / SF:

$161/SF

HighLights

Highly desirable location: Minutes from IMG Sports Academy, IMG Golf & Country Club, Sarasota International Airport, restaurants, museums, shopping, and Gulf beaches.
Rarely available first‑floor unit in The Terraces at Wild Oak Bay.
Fully furnished 2‑bedroom, 2‑bathroom condo.
Sunroom with peaceful waterview and fountain.
Resort‑style amenities: Community pool and hot tub.
Abundant storage: Large walk‑in closets plus additional wall closets in both bedrooms.

We can help!

Listing Contact

Patricia Keen Freed

For Sale

$212,000

Furnished 2-bedroom condo with water view and resort-style amenities.

Type:Condo/Townhome

Property size:

1,314 SF

Price / SF:

$161/SF

Added:: Jun 2, 2024
Days on Market:: 743
Last Refresh:: May 19 at 9:27 pm

Property Features for 3438 WOOD OWL CIRCLE 275

General Information

Standard status: Active
Size: 1,314 SF
Property subtype: Condo/Townhome

Building Details

Year Built: 1980

We can help!

Listing Contact

Patricia Keen Freed

Listing agent Patricia Keen Freed License #3331828

Listing office MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC

Listing date Jun 2, 2024

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC

HighLights

Highly desirable location: Minutes from IMG Sports Academy, IMG Golf & Country Club, Sarasota International Airport, restaurants, museums, shopping, and Gulf beaches.
Rarely available first‑floor unit in The Terraces at Wild Oak Bay.
Fully furnished 2‑bedroom, 2‑bathroom condo.
Sunroom with peaceful waterview and fountain.
Resort‑style amenities: Community pool and hot tub.
Abundant storage: Large walk‑in closets plus additional wall closets in both bedrooms.

Overview

This furnished 2-bedroom, 2-bathroom condo is located on the first floor of The Terraces at Wild Oak Bay. The unit features an enclosed front lanai and a sunroom at the rear that overlooks a water view with a fountain. Both bedrooms are generously sized and include large walk-in closets plus additional wall closets. The guest bathroom has been updated. Community amenities include a pool and hot tub. The property is located minutes from IMG Sports Academy, IMG Golf & Country Club, and Sarasota International Airport, and is close to restaurants, museums, shopping, and Gulf beaches. The interior features a well-designed layout.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$30.6k	$23.28
− Vacancy	−$1.7k	−$1.28
EGI	$28.9k	$22.00
− OpEx	−$13.0k	−$9.90
NOI	$15.9k	$12.10

1,314 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$227.1K

$198.7K – $265.0K (±1% cap)

NOI $15,899 @ 7.0% cap · market cap 7.50%

Second Best

—

no second resolved use

Theoretical Best

Office A

$386.4K

$338.1K – $450.8K (±1% cap)

NOI $27,048 @ 7.0% cap · market cap 12.76%

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

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

Location Insight

Map
Local Demand

City: Bradenton
County: Manatee
State: Florida
Longitude: -82.5981744
Latitude: 27.4262077

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For sale
Residential income properties
FL
Bradenton
34210
3438 WOOD OWL CIRCLE 275

What type of property is this?

Residential income property - Furnished 2-bedroom condo with water view and resort-style amenities.

Where is this residential income property located?

The property is located at 3438 WOOD OWL CIRCLE 275 Bradenton, FL.

What is the asking price?

The asking price for this property is $212,000.

What are key features of this property?

This property features: Highly desirable location: Minutes from IMG Sports Academy, IMG Golf & Country Club, Sarasota International Airport, restaurants, museums, shopping, and Gulf beaches.; Rarely available first‑floor unit in The Terraces at Wild Oak Bay.; **Fully furnished 2‑bedroom, 2‑bathroom condo.**

3438 WOOD OWL CIRCLE 275, Bradenton, FL 34210

Furnished 2-bedroom condo with water view and resort-style amenities.

Property Features for 3438 WOOD OWL CIRCLE 275

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turnkey Restaurant and Bar Condo

Established Restaurant in Prime Location

Bradenton Restaurant For Sale

Fully Leased Retail Shopping Center

Industrial Flex Building with HVAC

High-Visibility Bradenton Industrial Compound

Flexible Retail and Office Building

Turnkey Tire Service Business

Income Producing Retail Strip Mall

Multifamily Redevelopment Quadplex Site

Mixed-Use Building in Prime Location

Bradenton Duplex Portfolio

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