Climate-Controlled Self-Storage
New
For Sale
$259,000
829 57TH STREET E #23, Bradenton, FL 34208
The 36-unit property offers individually owned garage condominiums with private pedestrian entries and half bathrooms.
Property Size741 SF
Price / SF$349.53
Days on Market6
Property Features for 829 57TH STREET E #23
General Information
Standard status
Active
Size
741 SF
Property subtype
Warehouse
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
16 ft
Conditioned Warehouse
Yes
Self-Storage Units
36
Building Details
Year Built
2025
Construction
concrete block
Listing Agency:
MICHAEL SAUNDERS & COMPANY
(941) 388-4447
Listed By:
Joanna Benante · License #3194005
(941) 356-7718
Source:
Endlesssummerrealty
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:35PM
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
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Investment Insights
Based on property information with market context.
This climate-controlled self-storage property contains 36 individually owned garage condominiums. Each unit has a motorized 14-foot-high by 12-foot-wide garage door operated by remote and keypad, a separate pedestrian entrance, a half bathroom, concrete flooring, and 16-foot ceilings. Electrical service is separately metered for each unit, and water is included through the association. Some construction components carry Miami-Dade CAT5 impact ratings; the building uses concrete block and steel reinforcement.
The facility is near SR 64, west of I-75, with access from downtown Sarasota, Bradenton, and the barrier islands.
The facility is near SR 64, west of I-75, with access from downtown Sarasota, Bradenton, and the barrier islands.
Key Highlights
- 36 individually owned garage condominiums
- Climate‑controlled facility
- Motorized 14' H x 12' W garage door with remote and keypad at each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,687
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$153,740
$153.7K
Cap Rate 7%
$109,814
$109.8K
Cap Rate 9%
$85,411
$85.4K
Market Conditions
NOI Build-Up for 741 SF
Gross rent
$11.6K $15.60/SF
− Vacancy
−$578 −$0.78/SF
EGI
$11.0K $14.82/SF
− OpEx
−$3.3K −$4.45/SF
NOI
$7.7K $10.37/SF
Area
Manatee County, FL
Vacancy
5.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$153,740
Cap Rate 7%
$109,814
Cap Rate 9%
$85,411
Alternative Uses
Best Use
Self Storage
$109.8K
$96.1K – $128.1K
NOI $7,687 @ 7.0% cap · market cap 2.97%
Second Best
Warehouse
$108.1K
$94.6K – $126.2K
NOI $7,570 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$217.9K
$190.7K – $254.2K
NOI $15,253 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
16 ft
Clear height
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
Explore this area
Business Placement
Demographics for 34208, FL
38,522
Population
17,056
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
80%
High-School Grad
16.5 sq mi
ZIP Area
2,335
Density / Sq Mi
$59,899
Median Household Income
$37,489
Median Earnings
$1,409
Median Rent
$303,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Self storage facility - The 36-unit property offers individually owned garage condominiums with private pedestrian entries and half bathrooms.
Where is this self storage facility located?
The property is located at 829 57TH STREET E #23 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: 36 individually owned garage condominiums; Climate‑controlled facility; Motorized 14' H x 12' W garage door with remote and keypad at each unit
