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    3909 E BAY Dr 4 Bradenton Beach, FL 34217

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    For Lease
    $17,940 /Mo

    Well-equipped office space in a prime Anna Maria Island location.

    Type:Commercial
    Property size:
    988 SF
    Added:
    Apr 22, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 22 at 7:04 pm

    Property Features for 3909 E BAY Dr 4

    General Information

    Standard status
    Active
    Size
    988 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1985

    We can help!

    Listing Contact
    Larry Chatt

    Listing agent Larry Chatt License #3185794

    Listing office Island Real Estate of Anna Maria Island, Inc

    Listing date Apr 22, 2026

    Source Elliman

    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 Island Real Estate of Anna Maria Island, Inc

    Overview

    Move-in Ready Holmes Beach Office

    This office space is available for rent in a well-established commercial building located in the heart of Holmes Beach on Anna Maria Island. The commercial condominium features an elevator, internal stairs, and public restrooms on the second and third floors. The available unit is situated on the second floor and includes signage space on East Bay Drive, a main thoroughfare. Exterior parking is plentiful, with both a street-side and back door entrance. The building houses a diverse mix of tenants, including a tax consultant, medical offices, and a construction company. The current layout of the 988-square-foot space includes a break room with a galley kitchen, complete with a sink and updated kitchen cabinets. There are three multi-occupant areas equipped with office work surfaces, as well as a room with shelving for storage. The interior is decorated in a coastal style, featuring ship lap walls and large doors with glass. The space is move-in ready and suitable for a small to medium-sized professional office. Located directly off the main commercial thoroughfare running north and south on Anna Maria Island, the property is near Publix, CVS, Walgreens, and the largest outdoor shopping area on the island. This location is ideal for servicing the residents and visitors of Anna Maria Island. The space is available mid-to-late summer. The current tenant is a real estate office.
    Location Intelligence

    Current Use by Public Records

    The Attunement Center Life Coach Dr. Stephen G. ... Pediatrician Dr. Scott L. ... Pediatrician Island Dental Spa Dental Office Island Family Physicians Medical Group

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton Beach
    County
    Manatee
    State
    Florida
    Longitude
    -82.7067818
    Latitude
    27.4962438

    FAQs

    What type of property is this?
    Office units - Well-equipped office space in a prime Anna Maria Island location.
    Where is this office units located?
    The property is located at 3909 E BAY Dr 4 Bradenton Beach, FL.
    What is the lease rate?
    The lease rate is $17,940 /Mo.
    What are key features of this property?
    This property features: Prime location in the heart of Holmes Beach, Anna Maria Island, directly off the main commercial thoroughfare.; Move‑in ready, 988 sq ft office space with coastal decor, including shiplap walls and glass doors.; Equipped with a break room, galley kitchen with updated cabinets, and multiple work areas.
    (941) 345-1288
    We can help!
    Listing Contact
    Larry Chatt
    Real Estate License ID: 3185794
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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