Downtown Bradenton Apartment
603 /729 6th Ave W Bradenton, FL 34205
New
For Sale
$800,000
Income property with four studio units and four two-bedroom, one-bath apartments in Downtown Bradenton.
Property Size2,912 SF
Price / SF$274.73
Days on Market7
Property Features for 603 /729 6th Ave W
General Information
Standard status
Active
Size
2,912 SF
Building Details
Year Built
1946
Listing Agency:
ALL BROKERS REALTY, INC.
(941) 714-0555
Listed By:
Sam Watkins, PA
Source:
Whitesandsfl
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 29 at 9:04AM
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 ALL BROKERS REALTY, INC.
Investment Insights
Based on property information with market context.
This apartment building contains 4 studio apartments and 4 two-bedroom, 1-bath units, creating a 8-unit residential income configuration.
The property is located in Downtown Bradenton and is described as being convenient to government offices, restaurants, and retail.
Each unit type is clearly defined as studios and two-bedroom, one-bath apartments, offering a straightforward tenant mix within a compact building size.
The property is located in Downtown Bradenton and is described as being convenient to government offices, restaurants, and retail.
Each unit type is clearly defined as studios and two-bedroom, one-bath apartments, offering a straightforward tenant mix within a compact building size.
Key Highlights
- Income property built in 1946
- 4 studio apartments plus 4 two‑bedroom, 1‑bath units
- Located in Downtown Bradenton near government offices, restaurants, and retail
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 | $67.8k | $23.28 |
| − Vacancy | −$3.7k | −$1.28 |
| EGI | $64.1k | $22.00 |
| − OpEx | −$28.8k | −$9.90 |
| NOI | $35.2k | $12.10 |
2,912 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$503.4K
$440.4K – $587.3K
NOI $35,235 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$856.3K
$749.3K – $999.1K
NOI $59,943 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Income property with four studio units and four two-bedroom, one-bath apartments in Downtown Bradenton.
Where is this apartment building located?
The property is located at 603 /729 6th Ave W Bradenton, FL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Income property built in 1946; 4 studio apartments plus 4 two‑bedroom, 1‑bath units; Located in Downtown Bradenton near government offices, restaurants, and retail
