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    Valencia Condominium with Golf Views Title is generated by Realmo AI

    3500 EL CONQUISTADOR PARKWAY 148, Bradenton, FL 34210

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    Claim this Listing
    For Sale
    $279,900

    Spacious 3-bedroom condo with golf course views and new roof.

    Type:Condo/Townhome
    Property size:
    1,595 SF
    Price / SF:
    $175/SF
    Added:
    Jan 23, 2024
    Days on Market:
    872
    Last Refresh:
    May 20 at 1:52 am

    Property Features for 3500 EL CONQUISTADOR PARKWAY 148

    General Information

    Standard status
    Active
    Size
    1,595 SF
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1978

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    Listing Contact
    Stacy Bradberry

    Listing agent Stacy Bradberry License #3507386

    Listing office WAGNER REALTY

    Listing date Jan 23, 2024

    Source Exitrealty

    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 WAGNER REALTY

    HighLights

    • New Roof Just Installed and 2024 roof assessment fully paid by seller.
    • Unmatched views of the #2 green and #3 tee of the IMG Golf Club from the lanai.
    • Spacious 3‑bedroom, 2‑bathroom condominium with a split floor plan for privacy.
    • Turn‑key condition: Clean, freshly painted, and move‑in ready.
    • Valencia Community offers a heated pool with spa and maintenance‑free living.
    • Prime location with easy access to IMG Country Club, BTC Tennis Club, GT Bray Park, and nearby beaches (Anna Maria Island, Longboat Key, Siesta Key, Venice).

    Overview

    This turn-key condominium, located in the Valencia Community, features 3 bedrooms and 2 full bathrooms. The split floor plan provides privacy and convenience. The master suite includes multiple closets, an en suite bathroom, and direct access to the enclosed glassed and screened lanai. The two guest bedrooms and additional bathroom are located on the south side of the property. The open-concept living and dining room flows into a fully appointed eat-in kitchen with extra cabinetry, ample storage, and an in-unit laundry area. Deluxe shutters and blinds adorn all windows. A covered carport is located steps from the private covered stairway. The lanai offers views of the #2 green and #3 tee of the IMG Golf Club. The Valencia Community has a heated pool with a spa and tropical landscaping. The location provides easy access to IMG Country Club, BTC Tennis Club, and GT Bray Park. Anna Maria Island, Longboat Key, Siesta Key, and Venice beaches are a short drive away. The property is suitable for investors, with no waiting period to rent, a 60-day minimum lease, and a maximum of two leases per year. One pet under 25 lbs is allowed. The property has a new roof. The 2024 roof assessment has been fully paid by the seller. The property size is 1595 square feet.

    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 $37.1k $23.28
    − Vacancy −$2.0k −$1.28
    EGI $35.1k $22.00
    − OpEx −$15.8k −$9.90
    NOI $19.3k $12.10
    1,595 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $275.7K
    $241.2K – $321.7K (±1% cap)
    NOI $19,299 @ 7.0% cap · market cap 6.89%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $469.0K
    $410.4K – $547.2K (±1% cap)
    NOI $32,833 @ 7.0% cap · market cap 11.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sullivan Restaurant Property ... Property Management Company Valencia Gardens Association ... Association Or Organization Sullivan Exit Planning ... Property Management Company McAlban Productions LLC Music Venue

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.6010047
    Latitude
    27.4308278

    FAQs

    What type of property is this?
    Residential income property - Spacious 3-bedroom condo with golf course views and new roof.
    Where is this residential income property located?
    The property is located at 3500 EL CONQUISTADOR PARKWAY 148 Bradenton, FL.
    What is the asking price?
    The asking price for this property is $279,900.
    What are key features of this property?
    This property features: New Roof Just Installed and 2024 roof assessment fully paid by seller.; **Unmatched views of the #2 green and #3 tee of the IMG Golf Club from the lanai.**; **Spacious 3‑bedroom, 2‑bathroom condominium with a split floor plan for privacy.**
    More about this property
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