Bradenton Apartment Building For
For Sale
$168,500
5707 45TH E 90, Bradenton, FL 34203
Apartment building for sale in Bradenton, Florida.
Property Size1,134 SF
Lot Size0.12 Acres
Days on Market323
Property Features for 5707 45TH E 90
General Information
Standard status
Active
Size
1,134 SF
Lot size
0.12 Acres
Property subtype
Residential
Taxes and HOA fees
Annual Taxes
$1,908
Building Details
Building Size
1,134 SF
Year Built
1991
Listed By:
Pat Reid-Bachert · License #3056923
(941) 586-9766
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 8
Last Checked: Oct 15 at 1:46AM
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 Pat Reid-Bachert
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Investment Insights
Based on property information with market context.
An apartment building is available for purchase in Bradenton, Florida. The list price is $250,000.
Key Highlights
- Year Built: 1991
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,721
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,420
$274.4K
Cap Rate 7%
$196,014
$196.0K
Cap Rate 9%
$152,456
$152.5K
Market Conditions
NOI Build-Up for 1,134 SF
Gross rent
$26.4K $23.28/SF
− Vacancy
−$1.5K −$1.28/SF
EGI
$24.9K $22.00/SF
− OpEx
−$11.2K −$9.90/SF
NOI
$13.7K $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%
$274,420
Cap Rate 7%
$196,014
Cap Rate 9%
$152,456
Alternative Uses
Best Use
Apartment 5plus
$196.0K
$171.5K – $228.7K
NOI $13,721 @ 7.0% cap · market cap 8.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$333.5K
$291.8K – $389.1K
NOI $23,343 @ 7.0% cap · market cap 13.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
Explore this area
Business Placement
Demographics for 34203, FL
39,853
Population
20,709
Households
1.9
Avg Household Size
48
Median Age
26%
College-Educated
87%
High-School Grad
15.5 sq mi
ZIP Area
2,571
Density / Sq Mi
$68,030
Median Household Income
$39,829
Median Earnings
$1,437
Median Rent
$302,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building for sale in Bradenton, Florida.
Where is this apartment building located?
The property is located at 5707 45TH E 90 Bradenton, FL.
What is the asking price?
The asking price for this property is $168,500.
What are key features of this property?
This property features: Year Built: 1991
