4532 LA JOLLA DRIVE Bradenton, FL 34210
For Sale
$359,900
Pending
Residential income properties
Property Size2,058 SF
Days on Market498
Property Features for 4532 LA JOLLA DRIVE
General Information
Standard status
Pending
Size
2,058 SF
Property subtype
Condo/Townhome
Building Details
Year Built
1980
Listing Agency:
MICHAEL SAUNDERS & COMPANY
(941) 812-0791
Listed By:
Adam Cuffaro · License #3054744
(941) 812-0791
Source:
Exitrealty
Added: Mar 19, 2025
Changed: Jul 6
Last Checked: Jul 29 at 9:13AM
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
Investment Insights
Based on property information with market context.
Key Highlights
- Enjoy golf course views from the living room, lanai, and master bedroom
- Spacious 3 bedroom, 3 bathroom corner townhome
- Updated kitchen with granite countertops and stainless steel appliances
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 | $47.9k | $23.28 |
| − Vacancy | −$2.6k | −$1.28 |
| EGI | $45.3k | $22.00 |
| − OpEx | −$20.4k | −$9.90 |
| NOI | $24.9k | $12.10 |
2,058 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$355.7K
$311.3K – $415.0K
NOI $24,901 @ 7.0% cap · market cap 6.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$605.2K
$529.6K – $706.1K
NOI $42,364 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
Where is this residential income property located?
The property is located at 4532 LA JOLLA DRIVE Bradenton, FL.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Enjoy golf course views from the living room, lanai, and master bedroom; Spacious 3 bedroom, 3 bathroom corner townhome; Updated kitchen with granite countertops and stainless steel appliances
