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Bradenton Palms 2309 Manatee Ave W 32 Unit Apartment Building $5,200,000 ($162,500/Unit) Bradenton, FL 34205



Investment Highlights
- Value-Add Potential
- Desirable Location
- Strong Higher Education Presence
- Property & Unit Amenities
- Access to Area Amenities
- Strong Demographics
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to acquire Bradenton Palms, a 32-unit apartment community in Bradenton, Florida (the “Property”). Constructed in 1980, Bradenton Palms is a desirable asset in Bradenton’s north end. Positioned with convenient access to Sarasota Bay, the Manatee River, and Tampa Bay, Bradenton Palms contains one (1) single-story community building, four (4) two-story residential buildings and contains thirty-two (32), 2-Bedroom/1-Bathroom residential units with 28,800 rentable square feet on a 1.51-acre parcel of land. The professionally managed residential community features two points of community access, a swimming pool, picnic and grilling area, and a laundry facility. The community also offers ample on-site parking for residents. Located at 2309 Manatee Avenue West in Bradenton’s north end, the Property is located along SR 64, an integral east-west corridor and is convenient to the Downtown Commercial District. Bradenton Palms offers convenient access to both US Highway 301, the area’s primary commuter highway, and S Tamiami Trail (US Route 41), the area’s primary commercial corridor offering a wide array of shopping, dining, and grocery options, and several other state roads and highways. Bradenton’s downtown also features a plethora of employment and entertainment opportunities. Bradenton is positioned along the Manatee River and offers 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.
Property Facts
| Price | $5,200,000 | Building Class | B |
| Price Per Unit | $162,500 | Lot Size | 1.51 AC |
| Sale Type | Investment | Building Size | 28,800 SF |
| No. Units | 32 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Apartment | Parcel Number | 44564-0021-9 |
| Apartment Style | Garden | ||
| Zoning | R4 | ||
| Price | $5,200,000 |
| Price Per Unit | $162,500 |
| Sale Type | Investment |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.51 AC |
| Building Size | 28,800 SF |
| No. Stories | 2 |
| Year Built | 1980 |
| Zoning | R4 |
| Parcel Number | 44564-0021-9 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Range
- Tub/Shower
- Carpet
- Dining Room
Site Amenities
- Maintenance on site
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Bradenton Palms | 2309 Manatee Ave W
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