Updated Bradenton Condo with Golf
3500 EL CONQUISTADOR PARKWAY 149 Bradenton, FL 34210
For Sale
$250,000
Pending
Spacious, updated two-bedroom condo with golf course views in Bradenton.
Property Size1,185 SF
Days on Market524
Property Features for 3500 EL CONQUISTADOR PARKWAY 149
General Information
Standard status
Pending
Size
1,185 SF
Property subtype
Condo/Townhome
Building Details
Year Built
1978
Listing Agency:
JASON MITCHELL REAL ESTATE FLO
(941) 726-0723
Listed By:
James Tassell, PLLC · License #3259164
(941) 726-0723
Source:
Exitrealty
Added: Feb 20, 2025
Changed: Jul 6
Last Checked: Jul 29 at 7:20AM
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 JASON MITCHELL REAL ESTATE FLO
Investment Insights
Based on property information with market context.
Located in Bradenton, this updated ground floor condo at 3500 El Conquistador Pkwy #149 features two bedrooms and two bathrooms. Situated in the Valencia Garden community, the end unit offers views of the IMG golf course. The property includes a carport, full-size washer/dryer, impact windows, and wood-look tile flooring throughout the main living area. A new roof was recently added to the building. The kitchen features granite countertops, wood cabinets, stainless steel appliances, and a backsplash. The condo includes an enclosed Florida room with golf course views and a paved patio area. Both bedrooms have ensuite bathrooms with walk-in showers; the master shower has been updated. The master bedroom includes a walk-in closet with shelving and access to the Florida room. The guest bedroom also features tile flooring and access to the front screen porch. The Florida room has a Murphy bed. The community pool, spa, and sun deck are steps away. The HOA includes water/sewer, trash removal, basic cable, internet, use of the community pool/spa, and exterior maintenance. Owners may have one pet up to 25lbs and rent their condo on a minimum sixty-day lease period with no more than two leases a year. The condo is move-in ready and spans 1185 square feet.
Key Highlights
- Turnkey furnished (optional) and move‑in ready, allowing immediate enjoyment of the Florida lifestyle.
- Updated ground floor end unit with golf course views, impact windows, and a new roof (no assessments).
- Desirable features include wood‑look tile throughout, granite countertops, stainless steel appliances, and updated master shower.
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 | $27.6k | $23.28 |
| − Vacancy | −$1.5k | −$1.28 |
| EGI | $26.1k | $22.00 |
| − OpEx | −$11.7k | −$9.90 |
| NOI | $14.3k | $12.10 |
1,185 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$204.8K
$179.2K – $239.0K
NOI $14,338 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$348.5K
$304.9K – $406.6K
NOI $24,393 @ 7.0% cap · market cap 9.76%
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 - Spacious, updated two-bedroom condo with golf course views in Bradenton.
Where is this residential income property located?
The property is located at 3500 EL CONQUISTADOR PARKWAY 149 Bradenton, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Turnkey furnished (optional) and move‑in ready, allowing immediate enjoyment of the Florida lifestyle.; Updated ground floor end unit with golf course views, impact windows, and a new roof (no assessments).; Desirable features include wood‑look tile throughout, granite countertops, stainless steel appliances, and updated master shower.
