Renovated Lakeview Condo in
315 30TH W AVENUE B311 Bradenton, FL 34205
For Sale
$185,000
Charming, renovated, partially furnished 1,144 square foot condo with lake views.
Property Size1,144 SF
Price / SF$161.71
Days on Market627
Property Features for 315 30TH W AVENUE B311
General Information
Standard status
Active
Size
1,144 SF
Property subtype
Condo/Townhome
Building Details
Year Built
1981
Listing Agency:
WAGNER REALTY
(941) 524-9907
Listed By:
Cheryl Carson · License #3082286
(941) 524-9907
Source:
Exitrealty
Added: Nov 9, 2024
Changed: Jul 6
Last Checked: Jul 29 at 7:06AM
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 WAGNER REALTY
Investment Insights
Based on property information with market context.
This renovated and partially furnished 1,144 square foot condo features a split bedroom floor plan with living, dining, den, and lanai areas. The property includes an indoor laundry center and covered parking. Located in the 55+ gated community of DeSoto Square, the condo is situated on grounds with amenities and is located approximately 9 miles from beaches. The updated interior features luxury laminate plank flooring, stylish doors with lever handles, baseboards, cove molding, plantation shutters, ceiling fans, and paint throughout. The kitchen includes shaker-style soft-close cabinetry with undermount lighting, brush nickel hardware, granite countertops with a tile backsplash, deep bowl sinks with a gooseneck faucet, and a breakfast bar. Polished stainless appliances and a dome ceiling complete the kitchen. There are spacious living and dining rooms, as well as a bonus room currently used as a den. The lanai offers water and garden views. The owner's suite features courtyard and water views through plantation shutters, a walk-in closet, and an ensuite bathroom with a dual sink vanity, shaker-style soft-close cabinetry, rectangular sinks, and upgraded mirrors. The walk-in shower has a tiled enclosure with built-in shelves. The second bedroom includes plantation shutters and a walk-in closet, with an adjacent bathroom. The laundry center includes a large capacity LG steam washer/dryer combo, shelving, and a clothes bar. There is an exterior secure storage area with both open and private storage spaces. Noteworthy mentions include a 2023 water heater and 2016 AC. Residents can enjoy the clubhouse, banquet room, kitchen, library, media center, billiards, fitness center, pool, patio, tennis, pickleball, and shuffleboard.
Key Highlights
- Lakeview condo in a 55+ gated community with low dues covering extensive amenities.
- Tastefully renovated and partially furnished with a chef's kitchen featuring shaker‑style soft‑close cabinetry and granite countertops.
- Spacious 1,144 sq ft split bedroom floor plan with living, dining, den, and lanai areas.
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 | $26.6k | $23.28 |
| − Vacancy | −$1.5k | −$1.28 |
| EGI | $25.2k | $22.00 |
| − OpEx | −$11.3k | −$9.90 |
| NOI | $13.8k | $12.10 |
1,144 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$197.7K
$173.0K – $230.7K
NOI $13,842 @ 7.0% cap · market cap 7.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$336.4K
$294.4K – $392.5K
NOI $23,549 @ 7.0% cap · market cap 12.73%
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 - Charming, renovated, partially furnished 1,144 square foot condo with lake views.
Where is this residential income property located?
The property is located at 315 30TH W AVENUE B311 Bradenton, FL.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Lakeview condo in a 55+ gated community with low dues covering extensive amenities.; Tastefully renovated and partially furnished with a chef's kitchen featuring shaker‑style soft‑close cabinetry and granite countertops.; Spacious 1,144 sq ft split bedroom floor plan with living, dining, den, and lanai areas.
