Renovated Condo with Waterfront
1714 69TH W AVENUE B301 Bradenton, FL 34207
1714 69TH W AVENUE B301, Bradenton, FL, 34207
$299,500
For Sale
$299,500
Luxury 2-bedroom condo with waterfront access and resort-style amenities.
Property Size1,040 SF
Price / SF$287.98
Days on Market566
Property Features for 1714 69TH W AVENUE B301
General Information
- Standard status
- Active
- Size
- 1,040 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1973
Listing Agency
LIST NOW REALTY, LLC
(352) 385-7636
Listed by
Matt Buttner · License #3248540
(352) 385-7636
Source
Exitrealty
Added: Dec 27, 2024 Checked: Jul 16 at 7:29 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 LIST NOW REALTY, LLC
Investment Insights
Based on property information with market context.
This newly renovated 2-bedroom, 2-bathroom condo is located in the Sarabay Coves condominium complex. The unit has been updated to the studs, featuring new appliances, cabinets, fixtures, flooring, tile, and AC/heating units. It includes a large, full-length balcony and five closets for storage. Both bathrooms have been renovated, and all dropdown ceilings have been replaced. The 1040 square foot condo is available furnished or unfurnished. The waterfront community provides resort-style amenities, including a pool, hot tub, clubhouse, tennis courts, docks, off-street parking, and elevators. Covered parking is available for an additional cost, and boat slips are available for a fee, depending on boat length. A dedicated storage unit is located on the ground floor. Trash, water, sewer, and basic cable/internet are included in the HOA fee. The owner is responsible for electricity and any cable/internet upgrade costs. The property is located 10 minutes (6 miles) from downtown Sarasota, 13 minutes (5 miles) from downtown Bradenton, and 5 minutes (3 miles) from SRQ Airport. Situated 1 minute off Tamiami Trail, it provides access to beaches, restaurants, shopping, and grocery stores.
Key Highlights
- Exclusive waterfront living in Sarabay Coves with docks and boat slips
- Completely renovated 2‑bedroom, 2‑bathroom condo featuring all‑new appliances, cabinets, fixtures, flooring, tile, and AC/heating units.
- Resort‑style amenities including a pool, hot tub, clubhouse, and tennis courts
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 | $24.2k | $23.28 |
| − Vacancy | −$1.3k | −$1.28 |
| EGI | $22.9k | $22.00 |
| − OpEx | −$10.3k | −$9.90 |
| NOI | $12.6k | $12.10 |
1,040 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$179.8K
$157.3K – $209.7K
NOI $12,584 @ 7.0% cap · market cap 4.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$305.8K
$267.6K – $356.8K
NOI $21,408 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sarabay Coves Condo
Condominium Complex
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Luxury 2-bedroom condo with waterfront access and resort-style amenities.
Where is this residential income property located?
The property is located at 1714 69TH W AVENUE B301 Bradenton, FL.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: Exclusive waterfront living in Sarabay Coves with docks and boat slips; Completely renovated 2‑bedroom, 2‑bathroom condo featuring all‑new appliances, cabinets, fixtures, flooring, tile, and AC/heating units.; Resort‑style amenities including a pool, hot tub, clubhouse, and tennis courts
