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Corner Short-Term Rental Condominium

4601 46TH STREET COURT W #201, Bradenton, FL 34210

For Sale
$259,000

Two-bedroom condominium with a private lanai, resort amenities, and access to Shorewalk’s rental pool.

Property Size1,174 SF
Price / SF$220.61
Days on Market62

Property Features for 4601 46TH STREET COURT W #201

General Information

Standard status Active
Size 1,174 SF
Property subtype Condo - Hotel

Units

Unit Mix 2BR/2BA
Multifamily Units 1

Amenities

two swimming pools with hot tubs
tennis and pickleball courts
beautifully maintained grounds

Building Details

Year Built 1987
Listing Agency: CENTURY 21 BEGGINS ENTERPRISES
Listed By: Yvon Rocca · License FL #3347092
Source: Dennisrealty
Added: Sep 9 Changed: Nov 8 Last Checked: Nov 8 at 6:50AM

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 CENTURY 21 BEGGINS ENTERPRISES

Rey
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Investment Insights

Based on property information with market context.

This 1,174-square-foot corner condominium at Shorewalk Vacation Villas includes 2 bedrooms and 2 bathrooms, along with a bright living and dining area and a private lanai. Built in 1987, the residence is positioned for vacation use, seasonal occupancy, or short-term rental operation, with the possibility of joining the Shorewalk Rental Pool.

Community amenities include two swimming pools with hot tubs, tennis and pickleball courts, and maintained grounds. The property is in Bradenton, 15 minutes from the beaches, and approximately 25 driving minutes from Sarasota Airport. Tampa International Airport is about 70 minutes away, while Orlando is approximately 2 to 2 1/2 hours by car, depending on traffic.

Key Highlights

  • 1,174‑square‑foot condominium with 2 bedrooms and 2 bathrooms
  • Corner residence with a private lanai
  • Two swimming pools with hot tubs

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,205
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,100 $284.1K
Cap Rate 7%
$202,929 $202.9K
Cap Rate 9%
$157,833 $157.8K
Market Conditions
NOI Build-Up for 1,174 SF
Gross rent
$27.3K $23.28/SF
− Vacancy
−$1.5K −$1.28/SF
EGI
$25.8K $22.00/SF
− OpEx
−$11.6K −$9.90/SF
NOI
$14.2K $12.10/SF
Area
Manatee County, FL
Vacancy
5.50%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,100
Cap Rate 7%
$202,929
Cap Rate 9%
$157,833

Alternative Uses

Best Use
Apartment 5plus
$202.9K
$177.6K – $236.8K (±1% cap)
NOI $14,205 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$345.2K
$302.1K – $402.8K (±1% cap)
NOI $24,167 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

949
Businesses Nearby

Demographics for 34210, FL

16,447
Population
11,870
Households
1.4
Avg Household Size
54
Median Age
37%
College-Educated
93%
High-School Grad
8.9 sq mi
ZIP Area
1,848
Density / Sq Mi
$64,306
Median Household Income
$37,216
Median Earnings
$1,552
Median Rent
$279,500
Median Home Value

Market

Average Price Trend$/SF for Short term rental properties in Manatee County, FL

$792 Jul
$724 Aug
$674 Sep
$737 Oct

Properties on Market for Short term rental properties in Manatee County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Two-bedroom condominium with a private lanai, resort amenities, and access to Shorewalk’s rental pool.
Where is this short term rental property located?
The property is located at 4601 46TH STREET COURT W #201 Bradenton, FL.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: 1,174‑square‑foot condominium with 2 bedrooms and 2 bathrooms; Corner residence with a private lanai; Two swimming pools with hot tubs
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