Updated Office Building on
2423 MANATEE AVENUE W, Bradenton, FL 34205
Two-story office building with modern updates and high visibility.
Type:Commercial
Property size:
2,215 SFPrice / SF:
$223/SF- Added:
- May 19, 2026
- Days on Market:
- 13
- Last Refresh:
- May 20 at 5:01 am
Property Features for 2423 MANATEE AVENUE W
General Information
- Standard status
- Active
- Size
- 2,215 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1925
Listing agent ADRIAN ALANIS ARREDONDO License #3297706
Listing office THE ORANGE REAL ESTATE GROUP (941) 500-4091
Listing date May 19, 2026
Source Corcoran
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 THE ORANGE REAL ESTATE GROUP
HighLights
- Exceptional visibility and accessibility with approximately 50 feet of frontage on Manatee Avenue West.
- Extensively remodeled interior boasts high‑end finishes and a bright, professional atmosphere.
- Flexible layout includes four private offices (potential for five), conference area, kitchenette, and two bathrooms.
- Rare amenities: a private outdoor sundeck and a full bathroom with shower.
- Ample brick‑paver parking for staff and clients.
- Future Land Use Zoning is Urban Village (UV), designed to foster a walkable, mixed‑use neighborhood.
Overview
This two-story office building, professionally updated and offering over 1,864 square feet, is located on Manatee Avenue West, minutes from Downtown Bradenton. The property benefits from approximately 50 feet of frontage and high daily traffic. With an effective year built of 2004, the property combines historic character with modern functionality. The interior was extensively remodeled within the past four years and features wood laminate flooring with a hardwood appearance, drywall finishes, and a bright atmosphere. The layout includes four private offices, with one oversized office that could be converted into a fifth. A first-floor common area can serve as a conference room or collaborative workspace, complemented by a downstairs bathroom and a kitchenette. Upstairs, one office opens onto a private outdoor sundeck, and there is a separate full bathroom with a shower. The main entrance is accessed through a covered wooden porch, adjacent to brick-paver parking. The property is suitable for an owner-user, a boutique business, or a multi-tenant office. A new metal roof is still under warranty. The future Land Use Zoning is Urban Village (UV), designed to foster a walkable, mixed-use neighborhood blending residential and commercial activity. The second-floor deck offers views of the annual De Soto Grand Parade.
Local Financial Insights For Office B
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 | $51.0k | $23.04 |
| − Vacancy | −$2.8k | −$1.27 |
| EGI | $48.2k | $21.77 |
| − OpEx | −$12.1k | −$5.44 |
| NOI | $36.2k | $16.33 |
2,215 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$516.7K
$452.1K – $602.8K
NOI $36,170 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$651.4K
$569.9K – $759.9K
NOI $45,595 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Big Earth Landscape ...
Garden Center
Beacon Home Design
Construction Company
Gulf Coast Engineering ...
Drafting Service
Mid-America Mulch Inc
Garden Center
Location Insight
- Map
- Local Demand
- City
- Bradenton
- County
- Manatee
- State
- Florida
- Longitude
- -82.5859698
- Latitude
- 27.4953605
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Two-story office building with modern updates and high visibility.
Where is this office building located?
The property is located at 2423 MANATEE AVENUE W Bradenton, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Exceptional visibility and accessibility with approximately 50 feet of frontage on Manatee Avenue West.; Extensively remodeled interior boasts high‑end finishes and a bright, professional atmosphere.; Flexible layout includes four private offices (potential for five), conference area, kitchenette, and two bathrooms.
