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    Furnished Corner Unit with Lanai Title is generated by Realmo AI

    4110 IRONWOOD CIRCLE 301, Bradenton, FL 34209

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    For Sale
    $200,000

    Bright, furnished corner unit with pond view and recent upgrades.

    Type:Condo/Townhome
    Property size:
    1,296 SF
    Price / SF:
    $154/SF
    Added:
    Jan 9, 2025
    Days on Market:
    532
    Last Refresh:
    May 20 at 1:13 am

    Property Features for 4110 IRONWOOD CIRCLE 301

    General Information

    Standard status
    Active
    Size
    1,296 SF
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1994

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    Kathy Bergloff
    Kathy Bergloff

    Listing office MICHAEL SAUNDERS & COMPANY

    Listing date Jan 9, 2025

    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 MICHAEL SAUNDERS & COMPANY

    HighLights

    • Recent major renovations: new roof (2022), plumbing stacks (2023), and elevator (2024).
    • Furnished corner unit overlooking a pond with enclosed lanai.
    • Split bedroom floor plan featuring large walk‑in closet in primary bedroom.
    • Convenient assigned, covered parking with ample guest parking.
    • Short drive to beaches and close to restaurants, shopping, and banking.
    • Separate dining area off the kitchen.

    Overview

    This light and bright corner unit is nicely furnished with a coastal design. The property features an enclosed lanai overlooking a pond, as well as a screened patio at the front. The roof was replaced in 2022, plumbing stacks were replaced in 2023, and the elevator was replaced in 2024. The kitchen has been re-plumbed. The floor plan includes a separate dining area off the kitchen and a split bedroom design with a large walk-in closet in the primary area. Assigned, covered parking is conveniently located, and there is ample guest parking available. The property is a short drive to the beaches and minutes from restaurants, shopping, banking, and other conveniences. The property is 1296 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 $30.2k $23.28
    − Vacancy −$1.7k −$1.28
    EGI $28.5k $22.00
    − OpEx −$12.8k −$9.90
    NOI $15.7k $12.10
    1,296 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $224.0K
    $196.0K – $261.4K (±1% cap)
    NOI $15,681 @ 7.0% cap · market cap 7.84%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $381.1K
    $333.5K – $444.6K (±1% cap)
    NOI $26,678 @ 7.0% cap · market cap 13.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bradenton High Home ... Vocational School

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.6118572
    Latitude
    27.4656541

    FAQs

    What type of property is this?
    Residential income property - Bright, furnished corner unit with pond view and recent upgrades.
    Where is this residential income property located?
    The property is located at 4110 IRONWOOD CIRCLE 301 Bradenton, FL.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Recent major renovations: new roof (2022), plumbing stacks (2023), and elevator (2024).; Furnished corner unit overlooking a pond with enclosed lanai.; Split bedroom floor plan featuring large walk‑in closet in primary bedroom.
    More about this property
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