Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Garden apartment buildings
2303 1st E St Bradenton, FL 34208-3655
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-1892963
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1974
Construction
TYPE NOT SPECIFIED
Total area
7,514 SF
Lot
10.4 ac (453,111 SF)
Zoning code
GC
APN
46362.1005-8
UPID
US18-1892963
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
-
The Spot Tacos and More Take-out & Catering Catering Service
-
Robin's Apartments Real Estate Agency
-
Dont ride dirty llc Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.40M
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.04M
Owner & transaction history
Nest At Robins Apartments LLC · 2 yrs held
Nest At Robins Apartments LLC
since 2024
6 recorded transactions
Zoning & alternative use
GC · Bradenton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bradenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bradenton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,515,000
6.5%
$1,400,000
7%
$1,300,000
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$138 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$95,983
Tax year 2023
Assessed value
$11,675,304
Assessed 2023
Previous assessed
$11,675,304
+0.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$5,952,716
Assessed improvement
$5,722,588
Land market value
$5,952,716
Improvement market value
$5,722,588
Total market value
$11,675,304
Applied tax rate
303.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1974
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Units
240
Total area
7,514 SF
Lot
10.4 ac (453,111 SF)
Zoning code
GC
APN
46362.1005-8
UPID
US18-1892963
Jurisdiction
MANATEE
Zoning & alternative use
GC · Bradenton, FL
Zoning GC · permitted uses
GC · Bradenton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bradenton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
240
Lot
10.4 ac
Current owner
From public records · entity-resolved
Nest At Robins Apartments LLC
Entity
Mailing address
8440 N TAMIAMI TRL, SARASOTA, FL 34243-2014
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2024
—
Nest At Robins Apartments LLC
Robins Apartments LLC
Correction Deed
related
$3,500,000 · Manatee County
Oct 30, 2023
—
Robins Apartments LLC
Spectrum Sunshine State LLC
Agreement Of Sale
—
Oct 17, 2023
—
The Nest Apts LLC
Robins Apartments LLC
Warranty Deed
—
Mar 12, 2019
—
Robins Apartments LLC
—
Grant Deed
related
$7,600,000 · Sabal Palm Bk
Dec 3, 2014
$1,500,000
Shree Shiv Stuti LLC
First Resort INC
Warranty Deed
$1,085,700 · C1 Bank
Feb 6, 2003
$2,200,000
First Resort INC
Brandenton Resort Motel LP
Grant Deed
related
$2,200,000 · Crislor Investments INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2303 1st E St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
