Updated Condo with Water
625 30TH W AVENUE G403 Bradenton, FL 34205
For Sale
$164,000
Cozy 2 bedroom condo with updated kitchen and amenities.
Property Size1,001 SF
Price / SF$163.84
Days on Market868
Property Features for 625 30TH W AVENUE G403
General Information
Standard status
Active
Size
1,001 SF
Property subtype
Condo/Townhome
Building Details
Year Built
1985
Listing Agency:
TNG REAL ESTATE
(941) 877-1615
Listed By:
Carlos Santana PA · License #3326206
(941) 877-1615
Source:
Exitrealty
Added: Mar 14, 2024
Changed: Jul 6
Last Checked: Jul 29 at 7:07AM
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 TNG REAL ESTATE
Investment Insights
Based on property information with market context.
Located just outside of downtown Bradenton in Woodpark At Desoto Square, this updated 2-bedroom, 2-bath condo on the 4th floor offers a water view and a glimpse of the pool. The 1,001 sqft condo features an updated eat-in kitchen with white cabinets, subway tiled backsplash, granite surfaces, and stainless steel appliances. The open living and dining room area provides ample natural light. The main bedroom includes an en suite and a spacious walk-in closet with a water view. The guest bedroom is located at the front of the condo, offering privacy with access to the second bath. The enclosed balcony has sliders and roll-down sun shades. The unit includes a laundry room, assigned parking, and a storage closet on the same floor. The HVAC is 2.5 years old, and the water heater was replaced in 2023. Community amenities include a heated swimming pool, tennis and pickleball court, grilling and picnic area, game room, and community clubhouse. Social events such as game night, bingo, street parties, and potluck dinners are available. The community is well-maintained with moderate condo fees and no special assessments. The property is close to shopping, medical facilities, downtown Bradenton, Sarasota, and the beaches of Anna Maria Island, making it suitable as a seasonal retreat or year-round home.
Key Highlights
- Turnkey Furnished Condo: Ready for immediate occupancy.
- Updated Kitchen: Features white cabinets, subway tile backsplash, granite countertops, and stainless steel appliances.
- Main bedroom offers a beautiful water view, and the condo has a glimpse of the pool.
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 | $23.3k | $23.28 |
| − Vacancy | −$1.3k | −$1.28 |
| EGI | $22.0k | $22.00 |
| − OpEx | −$9.9k | −$9.90 |
| NOI | $12.1k | $12.10 |
1,001 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$173.0K
$151.4K – $201.9K
NOI $12,112 @ 7.0% cap · market cap 7.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$294.4K
$257.6K – $343.4K
NOI $20,605 @ 7.0% cap · market cap 12.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Residential income property - Cozy 2 bedroom condo with updated kitchen and amenities.
Where is this residential income property located?
The property is located at 625 30TH W AVENUE G403 Bradenton, FL.
What is the asking price?
The asking price for this property is $164,000.
What are key features of this property?
This property features: Turnkey Furnished Condo: Ready for immediate occupancy.; Updated Kitchen: Features white cabinets, subway tile backsplash, granite countertops, and stainless steel appliances.; Main bedroom offers a beautiful water view, and the condo has a glimpse of the pool.
