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Climate-Controlled Storage Condo
For Sale
$353,000

829 57TH STREET E #29, Bradenton, FL 34208

Individually owned space offers a private entry, half bath, and separately metered electricity.

Property Size966 SF
Days on Market346

Property Features for 829 57TH STREET E #29

General Information

Standard status Active
Size 966 SF
Property subtype Apartment

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Clear Height 16 ft
Conditioned Warehouse Yes

Building Details

Building Size 966 SF
Year Built 2025
Construction concrete block
Listing Agency: MICHAEL SAUNDERS & COMPANY
Listed By: Joanna Benante · License #SL3194005
Source: Andrewgarcia-fl.kw
Added: Nov 7, 2025 Changed: Oct 16 Last Checked: Oct 19 at 3:46AM

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 MICHAEL SAUNDERS & COMPANY

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Investment Insights

Based on property information with market context.

This climate-controlled storage condominium was built in 2025 as part of a 36-unit community. Each unit has a motorized garage door operated by remote or keypad, a separate pedestrian entrance, a half bathroom, and concrete flooring beneath 16-foot ceilings. Many construction components carry Miami-Dade CAT5 impact ratings, with concrete block and steel reinforcement also used in the construction.

Water is included in the association fees, while each unit has its own electric meter. The property is on SR 64, west of I-75, with driving access from Sarasota, Bradenton, and the barrier islands.

Key Highlights

  • Climate‑controlled facility with 36 individually owned units
  • Built in 2025
  • Motorized 14' H x 12' W garage door with remote and keypad

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,021
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,420 $200.4K
Cap Rate 7%
$143,157 $143.2K
Cap Rate 9%
$111,344 $111.3K
Market Conditions
NOI Build-Up for 966 SF
Gross rent
$15.1K $15.60/SF
− Vacancy
−$753 −$0.78/SF
EGI
$14.3K $14.82/SF
− OpEx
−$4.3K −$4.45/SF
NOI
$10.0K $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%
$200,420
Cap Rate 7%
$143,157
Cap Rate 9%
$111,344

Alternative Uses

Best Use
Self Storage
$143.2K
$125.3K – $167.0K (±1% cap)
NOI $10,021 @ 7.0% cap · market cap 2.84%
Second Best
Warehouse
$141.0K
$123.4K – $164.5K (±1% cap)
NOI $9,868 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$284.1K
$248.6K – $331.4K (±1% cap)
NOI $19,885 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property 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
Yes
Highway access
Yes
Paved road access

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

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 - Individually owned space offers a private entry, half bath, and separately metered electricity.
Where is this self storage facility located?
The property is located at 829 57TH STREET E #29 Bradenton, FL.
What is the asking price?
The asking price for this property is $353,000.
What are key features of this property?
This property features: Climate‑controlled facility with 36 individually owned units; Built in 2025; Motorized 14' H x 12' W garage door with remote and keypad
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