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Property profile & analytics
OFF-MARKET Estimated value $1,450,000
Office buildings

1003 8th W Ave Bradenton, FL 34205-7709

16,368 SF 0.49 ac lot Built 1969
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-5333917
Property summary
AI-generated overview

This exceptional two-story, 17,023-square-foot medical office building is situated in Bradenton's thriving downtown area at 1003 8th Ave W, 34205, Manatee County, Florida. Built in 1969 and recently renovated, this Class B property offers four units, each featuring ADA-compliant restrooms, ample natural light, and kitchen space. The open floor plan provides flexibility for various uses, including a single-tenant occupancy or conversion to mixed-use retail on the ground floor and office space above. High-quality data and internet wiring are installed throughout. The building boasts numerous green building features and offers access to additional contiguous space. The 0.49-acre lot (APN 3316700008) includes ample street parking and an additional parking lot across the street at 721 11th St. W. The asking price is $3,600,000, translating to $211.48 per square foot. This prime location within the T5 Urban zoned area presents a unique investment opportunity for owner-users seeking a prestigious and functional space in a rapidly growing urban district. The property's versatility and recent upgrades make it an attractive option for a variety of businesses.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1969
Construction TYPE NOT SPECIFIED
Total area 16,368 SF
Lot 0.49 ac (21,500 SF)
Zoning code BR_FBC,BR_T5
APN 33167.0000-8
UPID US18-5333917
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • WePellet Medical Clinic
  • Global Impact Financial Services Accounting Firm Tax Preparation
  • Soothe Personalized Nutrition (Bike/Boat/Book/etc) Store Pharmacy
  • Hyde Construction General Contractor
  • Storytellers Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.16M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.01M
Blend (final) Blend
$1.45M
Owner & transaction history
Bradenton Thrive LLC · 4 yrs held
Bradenton Thrive LLC
since 2022
Last sale
$1.5M
5 recorded transactions
2022
$1.5M
2015
$1.1M
2006
$209,000
2002
$1.6M
1969
Price N/A
Zoning & alternative use
BR_FBC,BR_T5 · Bradenton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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