Log In/Sign Up
Your email has been sent.
Bayshore Oaks 1005-1009 63rd Ave W 15 Unit Apartment Building $2,650,000 ($176,667/Unit) Bradenton, FL 34207



Investment Highlights
- Value-Add Potential
- Strong Higher Education Presence
- Desirable Location
- Very-Well Maintained
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to acquire Bayshore Oaks, a 15-unit multi-family property located at 1005 1009 63rd Ave W, Bradenton, Florida (the “Property”). Bayshore Oaks is situated in the southern part of Bradenton, just 1 block East of US Route 41 (14th Street), the primary North/South commercial and commuter corridor serving the Sarasota-Bradenton area. The site is walking distance (1/2 mi) of an extensive array of national grocers/retailers (Publix, Target, CVS, Chick-Fil-A) and numerous local businesses including several auto retailers, hospitality, and restaurants. It is also just 9 miles North of Sarasota Airport. Additionally, there are an unusually high number of schools of varying education levels in close proximity, and regional highways provide convenient access to the Gulf of Mexico, Sarasota, St. Petersburg, and Tampa. Bradenton is home to pristine beaches, and the surrounding area is continually ranked among the top travel destinations in the United States, funneling tourism dollars into the local economy. The Property consists of two single-story concrete block buildings totaling fifteen (15) units, comprised of twelve (12) 2-Bedroom/2-Bathroom Units and three (3) 1-Bedroom/1-Bathroom units in 11,610 square feet of living space and 12,170 square feet of gross area on a 1.0 acre parcel of land with superb street visibility. Bayshore Oaks represents a rare opportunity to acquire a well-maintained 1980's property in a premium location within the Sarasota metro area that offers income growth, strong investment returns, and considerable upside potential.
Property Facts
| Price | $2,650,000 | Building Class | C |
| Price Per Unit | $176,667 | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 12,170 SF |
| No. Units | 15 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1985 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | RMF9, Bradenton | ||
| Price | $2,650,000 |
| Price Per Unit | $176,667 |
| Sale Type | Investment |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 12,170 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1985 |
| Opportunity Zone |
Yes |
| Zoning | RMF9, Bradenton |
1 1
Property Taxes
| Parcel Number | 64713-0005-0 | Improvements Assessment | $708,609 |
| Land Assessment | $223,125 | Total Assessment | $931,734 |
Property Taxes
Parcel Number
64713-0005-0
Land Assessment
$223,125
Improvements Assessment
$708,609
Total Assessment
$931,734
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Bayshore Oaks | 1005-1009 63rd Ave W
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.
