Golf Course View
5923 43RD W STREET Bradenton, FL 34210
5923 43RD W STREET, Bradenton, FL, 34210
$299,000
For Sale
$299,000
Villa with golf course view, convenient location, and recent renovations.
Property Size1,316 SF
Price / SF$227.20
Days on Market867
Property Features for 5923 43RD W STREET
General Information
- Standard status
- Active
- Size
- 1,316 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1975
Listing Agency
RE/MAX ALLIANCE GROUP
(941) 713-9234
Listed by
Ryan Adamson, PA · License #3457783
(941) 713-9234
Source
Exitrealty
Added: Mar 2, 2024 Checked: Jul 17 at 3:21 am
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 RE/MAX ALLIANCE GROUP
Investment Insights
Based on property information with market context.
This villa offers a view of the golf course, lake, and wide fairways. The IMG golf course and waterfront restaurant/clubhouse are accessible to the public. The property is located within 15 minutes of the IMG Academies, SRQ Airport, and medical facilities, and within 25 minutes of the Gulf beaches, Ringling Museum, and downtown Sarasota attractions. The villa has been recently painted and features newer roofs installed in 2023 or later. Renovations include Silestone kitchen countertops, rich wood cabinets, quality appliances, a tray ceiling with LED accent lighting, a Florida Room addition for added air conditioned square footage, a screened porch, updated windows, and textured ceilings. The floorplan offers single-floor living with no stairs, an attached carport, high ceilings with clearstory impact windows for natural light, a split bedroom design, and a private storage room with a full-size washer and dryer, work table, and room for golf clubs and beach chairs. The property has 1316 square feet of living space. It can be used as a primary residence, second home, or rental investment.
Key Highlights
- Golf course view with lake and wide fairways.
- Convenient location: close to IMG Academies, SRQ Airport, medical facilities, Gulf beaches, Ringling Museum, and downtown Sarasota.
- Recent renovations including Silestone kitchen countertops, wood cabinets, quality appliances, updated windows, and newer A/C system.
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 | $30.6k | $23.28 |
| − Vacancy | −$1.7k | −$1.28 |
| EGI | $29.0k | $22.00 |
| − OpEx | −$13.0k | −$9.90 |
| NOI | $15.9k | $12.10 |
1,316 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$227.5K
$199.0K – $265.4K
NOI $15,923 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$387.0K
$338.6K – $451.5K
NOI $27,090 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Villa with golf course view, convenient location, and recent renovations.
Where is this residential income property located?
The property is located at 5923 43RD W STREET Bradenton, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Golf course view with lake and wide fairways.; Convenient location: close to IMG Academies, SRQ Airport, medical facilities, Gulf beaches, Ringling Museum, and downtown Sarasota.; Recent renovations including Silestone kitchen countertops, wood cabinets, quality appliances, updated windows, and newer A/C system.
