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    Bradford Manor Townhome Title is generated by Realmo AI

    1166 GRANTHAM DRIVE, Sarasota, FL 34234

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    For Sale
    $239,990

    Move-in ready townhome in gated Sarasota community, near downtown.

    Type:Condo/Townhome
    Property size:
    1,171 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $204/SF
    Added:
    Mar 24, 2026
    Days on Market:
    78
    Last Refresh:
    Apr 5 at 9:34 pm

    Property Features for 1166 GRANTHAM DRIVE

    General Information

    Standard status
    Active
    Size
    1,171 SF
    Lot size
    0.04 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    2009

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    Listing Contact
    David Cook, III

    Listing agent David Cook, III License #3399563

    Listing office SERHANT

    Listing date Mar 24, 2026

    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 SERHANT

    HighLights

    • Prime Location: Minutes from downtown Sarasota, beaches, and dining.
    • Gated Community: Bradford Manor offers security and peace of mind.
    • Low HOA Fees: Enjoy community amenities without high monthly costs.
    • Move‑In Ready: Well‑maintained and ready for immediate occupancy.
    • Two Ensuite Bedrooms: Each bedroom has its own private bathroom.
    • Community Pool: Access to a refreshing community pool.

    Overview

    This townhome is located in Bradford Manor, a gated community in Sarasota. The residence features 1,172 square feet of living space, including 2 bedrooms and 2.5 bathrooms. The open-concept layout is suitable for both everyday living and entertaining. The main level features tile flooring and high ceilings. The kitchen includes Corian countertops and black appliances. Upstairs, both bedrooms have ensuite bathrooms. The primary and second bedrooms feature carpet, windows for natural light, and closet space. A laundry room is located on the same floor. The home is move-in ready and part of a community with low HOA fees and a community pool. The property is located minutes from downtown Sarasota, beaches, and dining options. Bradford Manor offers a blend of comfort and convenience.

    Local Financial Insights For Apartment 5plus

    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 $27.3k $23.28
    − Vacancy −$1.5k −$1.28
    EGI $25.8k $22.00
    − OpEx −$11.6k −$9.90
    NOI $14.2k $12.10
    1,171 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $202.4K
    $177.1K – $236.2K (±1% cap)
    NOI $14,169 @ 7.0% cap · market cap 5.90%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $344.4K
    $301.3K – $401.8K (±1% cap)
    NOI $24,105 @ 7.0% cap · market cap 10.04%
    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

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.5215009
    Latitude
    27.372351

    FAQs

    What type of property is this?
    Residential income property - Move-in ready townhome in gated Sarasota community, near downtown.
    Where is this residential income property located?
    The property is located at 1166 GRANTHAM DRIVE Sarasota, FL.
    What is the asking price?
    The asking price for this property is $239,990.
    What are key features of this property?
    This property features: Prime Location: Minutes from downtown Sarasota, beaches, and dining.; Gated Community: Bradford Manor offers security and peace of mind.; Low HOA Fees: Enjoy community amenities without high monthly costs.
    More about this property
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