Income-Generating Strip
3020 15TH Street E Bradenton, FL 34208
For Sale
$1,200,000
SINGLE_FAMILY - BRADENTON, FL
Property Size5,109 SF
Lot Size0.75 Acres
Price / SF$234.88
Days on Market219
Property Features for 3020 15TH Street E
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- GC
- Standard status
- Active
- APN
- 4710001050
- Size
- 5,109 SF
- Lot size
- 0.75 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOTS 7,9,11 & 13 & THE E 25 FT OF LOTS 8 & 10, BLK F, GLAZIER GALLUP LIST SUB; LESS RD R/W DESC IN OR 903 P 1684 PRMCF PI#47100.0105/0
- Tax Annual Amount
- 12234
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Building materials
- Block
Listing Agency:
LPT REALTY, LLC
(877) 366-2213
Listed By:
Holly DiMemmo · License #3490452
(813) 210-1998
Added: Dec 16, 2025
Changed: Jul 20
Last Checked: Jul 23 at 2:06PM
MLS# TB8456834
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 income-producing strip mall is offered for sale in Bradenton. The property totals 5,109 square feet and sits on a 0.75-acre lot, with GC zoning noted for the site.
The listing describes the property as providing street visibility, positioned in an established area that is still growing.
Interested buyers should review the offering materials for details on the existing tenant situation and the specific configuration of the retail spaces within the strip mall.
The listing describes the property as providing street visibility, positioned in an established area that is still growing.
Interested buyers should review the offering materials for details on the existing tenant situation and the specific configuration of the retail spaces within the strip mall.
Key Highlights
- Block construction strip mall
- Year built: 1980
- Income‑producing property
Financial Insights For Retail
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 | $92.0k | $18.00 |
| − Vacancy | −$2.2k | −$0.43 |
| EGI | $89.8k | $17.57 |
| − OpEx | −$26.9k | −$5.27 |
| NOI | $62.8k | $12.30 |
5,109 SF · lease $18.00/SF/yr · vacancy 2.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$897.5K
$785.4K – $1.05M
NOI $62,828 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $105,168 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Polo Crab House ...
Restaurant
Metro by T-Mobile
Mobile Phone Store
Patrice B Beauty
Cosmetic Store
Peay Fashion Boutique
Clothing & Fashion Store
Feall services
Electronics & Wireless Store
FAQs
What type of property is this?
Strip mall - For sale strip mall with GC zoning, totaling 5,109 square feet on a 0.75-acre lot in Bradenton.
Where is this strip mall located?
The property is located at 3020 15TH Street E Bradenton, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Block construction strip mall; Year built: 1980; Income‑producing property
