Live-Work Space with UCC
2714 MANATEE AVENUE W, Bradenton, FL 34205
For Sale
New
$599,900
A 1925 residential-style layout is located in a corridor zoning district intended for residential, office, and commercial activity.
Property Size2,583 SF
Price / SF$232.25
Days on Market5
Property Features for 2714 MANATEE AVENUE W
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Road Access
Property Use
Building Details
Year Built
Listing Agency:
COMPASS FLORIDA LLC
(941) 279-3630
Listed By:
Michelle Ward · License FL #3272126
(941) 920-2460
Source:
Dennisrealty
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 5:34AM
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 COMPASS FLORIDA LLC
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Investment Insights
Based on property information with market context.
Built in 1925, this 2,583-square-foot property has a residential-style layout and has been re-piped. Its existing configuration may support a live-work arrangement or conversion to professional office space, subject to applicable approvals. The property is zoned UCC, a designation intended to accommodate residential, office, and commercial activity; specific uses and changes of use may require City of Bradenton approval or special-use review.
The building fronts Manatee Avenue W in Bradenton. Downtown Bradenton, shopping, dining, medical facilities, residential areas, major roadways, and Gulf beaches are described as nearby. Zoning, permitted uses, parking, signage, rental requirements, and any proposed change of use should be confirmed with the city.
The building fronts Manatee Avenue W in Bradenton. Downtown Bradenton, shopping, dining, medical facilities, residential areas, major roadways, and Gulf beaches are described as nearby. Zoning, permitted uses, parking, signage, rental requirements, and any proposed change of use should be confirmed with the city.
Key Highlights
- 2,583 square feet of building area
- Built in 1925; property has been re‑piped
- UCC zoning intended for residential, office, and commercial activity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,283
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,660
$905.7K
Cap Rate 7%
$646,900
$646.9K
Cap Rate 9%
$503,144
$503.1K
Market Conditions
NOI Build-Up for 2,583 SF
Gross rent
$77.5K $30.00/SF
− Vacancy
−$5.0K −$1.95/SF
EGI
$72.5K $28.05/SF
− OpEx
−$27.2K −$10.52/SF
NOI
$45.3K $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 Rate 5%
$905,660
Cap Rate 7%
$646,900
Cap Rate 9%
$503,144
Alternative Uses
Best Use
Mixed Use
$646.9K
$566.0K – $754.7K
NOI $45,283 @ 7.0% cap · market cap 7.55%
Second Best
Office B
$602.6K
$527.2K – $703.0K
NOI $42,179 @ 7.0% cap · market cap 7.03%
Theoretical Best
Office A
$759.6K
$664.6K – $886.2K
NOI $53,171 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
896
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Live-work space - A 1925 residential-style layout is located in a corridor zoning district intended for residential, office, and commercial activity.
Where is this live-work space located?
The property is located at 2714 MANATEE AVENUE W Bradenton, FL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 2,583 square feet of building area; Built in 1925; property has been re‑piped; UCC zoning intended for residential, office, and commercial activity
