Waterfront Mixed-Use
For Sale
Under Contract
$425,000
1830 9TH Avenue W, Bradenton, FL 34205
Commercial Sale, BRADENTON, FL
Property Size1,324 SF
Lot Size0.28 Acres
Price / SF$320
Days on Market26
Property Features for 1830 9TH Avenue W
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
BR-T4-O
Appliances
Dishwasher, Dryer, Refrigerator, Washer
Subdivision
WHITE BEAR PARK
Lot features
Flood Zone, City Limits, Near Public Transit, Sidewalk, Paved, Waterfront
Directions
Heading North US 41 - turn west onto 9th Ave W, property is on your right.
Standard status
Active Under Contract
APN
3440100000
Size
1,324 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BEG ON THE N LN OF CENTRAL AVE AT A PT 250 FT W & 20 FT N OF SE COR SEC 27-34-17, TH N 128 FT M/L, TO WARES CREEK, TH SWLY ALG THE SDCREEK TO THE N LN OF CENTRAL AVE, TH E 232 FT M/L TO POB, WITH RIP RTS PI#34401.0000/0
Tax Annual Amount
930
Legal Description
BEG ON THE N LN OF CENTRAL AVE AT A PT 250 FT W & 20 FT N OF SE COR SEC 27-34-17, TH N 128 FT M/L, TO WARES CREEK, TH SWLY ALG THE SDCREEK TO THE N LN OF CENTRAL AVE, TH E 232 FT M/L TO POB, WITH RIP RTS PI#34401.0000/0
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Water front
1
Amenities
saltwater pool
Building Details
Year built
1941
Floors in Building
1
Building materials
Block, Stone
Roof type
Shingle, Metal
Listing Agency:
LESLIE WELLS REALTY, INC.
(941) 776-5571
Listed By:
Carly Heiser, PLLC · License #3370909
(941) 812-5437
Added: Aug 2
Changed: Aug 24
Last Checked: Aug 27 at 12:06AM
MLS# A4702309
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,324-square-foot stone cottage sits on a 0.28-acre parcel along a saltwater canal. The property includes a remodeled kitchen, newer windows, roof, and HVAC, along with central heating and cooling. A saltwater pool faces the canal, and the grounds provide space for landscaping and gardens. Public water and sewer serve the property, with block and stone construction and shingle and metal roofing.
The BR-T4-O zoning designation supports a broad range of stated possibilities, including professional office, retail, restaurant, café, medical clinic, live/work, multifamily, accessory dwelling unit, neighborhood-serving commercial, and single-family residential uses. The property is next to a neighborhood park and community garden and is located minutes from downtown Bradenton, the Riverwalk, shopping, dining, and major roadways.
The BR-T4-O zoning designation supports a broad range of stated possibilities, including professional office, retail, restaurant, café, medical clinic, live/work, multifamily, accessory dwelling unit, neighborhood-serving commercial, and single-family residential uses. The property is next to a neighborhood park and community garden and is located minutes from downtown Bradenton, the Riverwalk, shopping, dining, and major roadways.
Key Highlights
- 1,324‑square‑foot stone cottage on a 0.28‑acre parcel
- Waterfront setting along a saltwater canal with an overlooking pool
- BR‑T4‑O zoning supports office, retail, restaurant, medical, live/work, multifamily, and residential uses
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,211
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$464,220
$464.2K
Cap Rate 7%
$331,586
$331.6K
Cap Rate 9%
$257,900
$257.9K
Market Conditions
NOI Build-Up for 1,324 SF
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.
Gross rent
$39.7K $30.00/SF
− Vacancy
−$2.6K −$1.95/SF
EGI
$37.1K $28.05/SF
− OpEx
−$13.9K −$10.52/SF
NOI
$23.2K $17.53/SF
Area
Manatee County, FL
Vacancy
6.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$464,220
Cap Rate 7%
$331,586
Cap Rate 9%
$257,900
Alternative Uses
Best Use
Mixed Use
$331.6K
$290.1K – $386.9K
NOI $23,211 @ 7.0% cap · market cap 5.46%
Second Best
Office B
$308.9K
$270.3K – $360.3K
NOI $21,620 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$389.3K
$340.7K – $454.2K
NOI $27,254 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,179
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 Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Stone cottage with a remodeled kitchen, newer windows, roof, and HVAC supports immediate occupancy in a flexible commercial setting.
Where is this mixed-use property located?
The property is located at 1830 9TH Avenue W Bradenton, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,324‑square‑foot stone cottage on a 0.28‑acre parcel; Waterfront setting along a saltwater canal with an overlooking pool; BR‑T4‑O zoning supports office, retail, restaurant, medical, live/work, multifamily, and residential uses
