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Property profile & analytics
OFF-MARKET
Estimated value
$2,960,000
Assisted living facilities
5700 24th E St, Bradenton, FL 34203-4940
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-4551273
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1989
Construction
TYPE NOT SPECIFIED
Total area
14,418 SF
Lot
6.6 ac (287,496 SF)
Zoning code
PD-R
APN
18469.0005-6
UPID
US18-4551273
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
-
Rebecca C. Strain, PTA Physician
-
The Crossings Services Charitable Organization Social Service Agency
-
The Office Barbershop Barber Shop
-
Carla M. Blethen, OTA Physician
-
The Cottages of Bradenton ALF Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.96M
Owner & transaction history
Cnp Xx Ventures LLC · 2 yrs held
Cnp Xx Ventures LLC
since 2023
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
PD-R · Bradenton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+579.8%
Auto repair, garage
$3.3M
+554.0%
Office building
$2.7M
+450.7%
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
$2,460,000
ML approach
$2,875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,380,000
Change: +580% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,250,000
Change: +554% · Conversion: Difficult
OFFICE BUILDING
$2,740,000
Change: +451% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,150,000
Change: +333% · Conversion: Difficult
Blend value · Realmo final
$2.96M
Range $2.66M – $3.26M · ±10% · vs last sale $3.00M (Sep 22 2023)
Last sale anchor
$3.00M
Sep 22 2023
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
$205 / 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
$60,254
Tax year 2023
Assessed value
$3,547,164
Assessed 2023
Previous assessed
$3,391,948
+4.6% YoY
Effective rate
1.70%
On assessed value
Assessed land
$410,651
Assessed improvement
$3,136,513
Land market value
$410,651
Improvement market value
$3,136,513
Total market value
$3,547,164
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1989
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
CENTRAL
Buildings
7
Stories
1
Units
62
Bathrooms
2
Total area
14,418 SF
Lot
6.6 ac (287,496 SF)
Zoning code
PD-R
APN
18469.0005-6
UPID
US18-4551273
Jurisdiction
MANATEE
Zoning & alternative use
PD-R · Bradenton, FL
Zoning PD-R · permitted uses
PD-R · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$3.3M
OFFICE BUILDING
Est. value
$2.7M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Buildings
7
Units
62
Bathrooms
2
Lot
6.6 ac
Current owner
From public records · entity-resolved
Cnp Xx Ventures LLC
Entity
Free & Clear · 2 yrs held
Mailing address
290 NW 165TH ST STE M600, MIAMI, FL 33169-6480
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2023
—
Cnp Xx Ventures LLC
Terrence Dancykier
Trustees Deed
related
—
Jul 23, 2021
$3,000,000
5700 24st E Realty LLC
Louisa Holdings LLC
Warranty Deed
$4,250,000 · Israel Discount Bank Of New York
May 28, 2020
—
Louisa Holding LLC
—
Deed
related
$2,494,289 · Wauchula St Bk
May 1, 2015
$3,025,000
Louisa Holding LLC
The Cottages Of Bradenton INC
Warranty Deed
$826,790 · Wauchula State Bank
Jan 16, 2009
$3,275,000
Cottages Of Bradenton INC
Westminster Pines INC
Warranty Deed
$2,475,000 · Wauchula State Bank
Jul 30, 1997
$1,220,100
Presbyterian Retirement Commun
Manatee Glens Corp
Grant Deed
—
—
—
Cottages Of Bradenton INC
—
Loan Modification
related
$2,046,992 · Wauchula St Bk
—
—
Cottages Of Bradenton INC
—
Deed Of Trust
related
$2,046,682 · Wauchula State Bank
—
—
Louisa Holding LLC
—
Loan Modification
related
$2,494,289 · Wauchula St Bk
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.
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