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Climate-Controlled Self Storage Facility
For Sale
$259,000

829 57TH STREET E #25, Bradenton, FL 34208

Garage condominiums provide secure vehicle storage with private entrances, bathrooms, and individually metered electric service.

Property Size741 SF
Days on Market490

Property Features for 829 57TH STREET E #25

General Information

Standard status Active
Size 741 SF
Property subtype Apartment

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Warehouse & Industrial

Clear Height 16 ft
Drive-In Doors 36
Conditioned Warehouse Yes
Self-Storage Units 36

Amenities

Climate-controlled
Motorized garage door
Separate pedestrian entrance
Half bathroom

Building Details

Building Size 741 SF
Year Built 2025
Construction concrete block
Listing Agency: MICHAEL SAUNDERS & COMPANY
Listed By: Joanna Benante · License #SL3194005
Source: Andrewgarcia-fl.kw
Added: Jun 25, 2025 Changed: Oct 25 Last Checked: Oct 26 at 12:36PM

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.

Built in 2025, this climate-controlled self-storage property contains 36 individually owned garage condominiums designed for car, RV, and boat storage. Each unit includes a motorized garage door with remote and keypad access, a separate pedestrian entry, half bathroom, concrete flooring, and 16-foot ceilings. Individual electric metering is provided, while association fees include water. Many construction components are Hurricane Impact Rated to Miami-Dade Standards (CAT5), with concrete block and steel reinforcement incorporated into the building system.

The property is located off SR 64, west of I-75, with access to downtown Sarasota, Bradenton, and the barrier islands. The address is 829 57th Street E, Bradenton, Florida.

Key Highlights

  • 36 individually owned garage condominiums
  • Climate‑controlled storage for cars, RVs, and boats
  • Motorized 14' H x 12' W garage doors with remote and keypad access

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 (±1% cap)
NOI $7,687 @ 7.0% cap · market cap 2.97%
Second Best
Warehouse
$108.1K
$94.6K – $126.2K (±1% cap)
NOI $7,570 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$217.9K
$190.7K – $254.2K (±1% cap)
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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Law Firm Building Supply Hair Salon Big Box & Wholesale Store Auto Parts Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
36
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

579
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Self storage facility - Garage condominiums provide secure vehicle storage with private entrances, bathrooms, and individually metered electric service.
Where is this self storage facility located?
The property is located at 829 57TH STREET E #25 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 storage for cars, RVs, and boats; Motorized 14' H x 12' W garage doors with remote and keypad access
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