11-Unit Multifamily
New
For Sale
$1,325,000
2405 10TH W, Bradenton, FL 34205
The licensed motel is operated as long-term housing, with all units occupied and eight interiors updated.
Property Size2,832 SF
Days on Market2
Property Features for 2405 10TH W
General Information
Standard status
Active
Size
2,832 SF
Property subtype
Commercial
Occupancy
100%
Property Condition
Severity
Repairs Needed
Evidence
renovation of the remaining units
Financials
Gross Income
$153,000
Business Included
Yes
Units
Unit Mix
10 x studio, 1 x 1BR/1BA
Multifamily Units
11
Taxes and HOA fees
Annual Taxes
$3,311
Building Details
Building Size
2,832 SF
Year Built
1980
Listed By:
Chris Giuffre · License #3387269
(941) 224-5865
Source:
Elliman
Added: Sep 26
Last Checked: Sep 26 at 3:33PM
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 Chris Giuffre
Investment Insights
Based on property information with market context.
This 11-unit property is a licensed motel currently operating as long-term residential rentals. Its configuration includes 10 studio units and one one-bedroom, one-bath unit. Eight units have been remodeled, and the property was built in 1980. Roof replacement was completed in 2019, followed by an electrical panel update in 2017.
The property is fully occupied. Current zoning allows for as many as 20 additional units, subject to governmental approvals and development requirements.
The property is fully occupied. Current zoning allows for as many as 20 additional units, subject to governmental approvals and development requirements.
Key Highlights
- 11 units: 10 studios and one 1‑bedroom/1‑bath unit
- Licensed motel operated as long‑term residential rentals
- All 11 units are occupied
Property Analytics
Current Use
Lease Details
11
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
879
Businesses Nearby
Explore this area
Business Placement
Demographics for 34205, FL
33,789
Population
16,610
Households
2
Avg Household Size
44
Median Age
24%
College-Educated
87%
High-School Grad
6.5 sq mi
ZIP Area
5,198
Density / Sq Mi
$51,170
Median Household Income
$37,037
Median Earnings
$1,323
Median Rent
$236,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - The licensed motel is operated as long-term housing, with all units occupied and eight interiors updated.
Where is this apartment building located?
The property is located at 2405 10TH W Bradenton, FL.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 11 units: 10 studios and one 1‑bedroom/1‑bath unit; Licensed motel operated as long‑term residential rentals; All 11 units are occupied
