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    119 Bridge Street

    Bradenton Beach, FL 34217
    • $4,995,000
    • STATUS: Active
    • ON SITE: 97 days
    • MLS #: A4494376
    UPDATED: 27 min ago
    $4,995,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,290
      SQFT
    • $603
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2018
    County:

    School Ratings & Info

    Description

    Prime investment opportunity at a great price in a new construction mixed use development on Bridge street .Currently there is only two vacant units with the others stable after the lockdowns .This property proved to be pandemic proof with its tenancy during 2020 .The property also benefits from being granted planning approval last year to construct apartments over the large private rear parking lot , these would be projected to increase gross revenue by at least $25,000 per month .Property is currently achieving a Gross income of $300,000PA or a 5.5% gross cap rate .More information for the property can be seen on www.theislandplaza.comFull architectural plans available

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    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-06-20T20:39:30.633.
    www.searchsarasotahomes.com/homes/115094159
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    119 Bridge Street Bradenton Beach, FL 34217

    • Price: $4,995,000
    • Status: Active
    • Updated: 27 min ago
    • MLS #: A4494376
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    8,290
    SQFT
    $603
    $/SQFT
    2018
    Built
    Neighborhood:
    Cortez Beach
    County:
    Manatee
    Area:
    Holmes Beach/Bradenton Beach
    Property Description
    Prime investment opportunity at a great price in a new construction mixed use development on Bridge street .Currently there is only two vacant units with the others stable after the lockdowns .This property proved to be pandemic proof with its tenancy during 2020 .The property also benefits from being granted planning approval last year to construct apartments over the large private rear parking lot , these would be projected to increase gross revenue by at least $25,000 per month .Property is currently achieving a Gross income of $300,000PA or a 5.5% gross cap rate .More information for the property can be seen on www.theislandplaza.comFull architectural plans available
    Exterior Features

    Adjoining Property Commercial Construction Materials BlockConcrete Foundation Details SlabStilt/On Piling Lot Features Central Business DistrictHistoric District Parking Features 13 To 18 Spaces Roof Metal Water Access Yn No Water Extras Yn No Water View Bay/Harbor - PartialGulf/Ocean - Partial Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Ceiling Type AcousticalDrywallInsulation/Vinyl Cooling Central AirMini-Split Unit(S) Flooring Ceramic TileConcrete Office Retail Space Sq Ft 9000 Sewer Public Sewer

    Property Features

    Additional Parcels Yn No Electric 100 Amp Service200+ Amp ServiceSeparate Meters Flood Zone Code Ae Net Operating Income 289000 New Construction Yn Yes Property Condition Completed Property Sub Type Mixed Use Realtor Info List Agent is Related To OwnerNo SignSee Attachments Security Features Closed Circuit Camera(S)Fire AlarmFire Sprinkler SystemSecurity LightsSmoke Detector(S) Special Listing Conditions None Tax Annual Amount 23728.00 Tax Year 2020 Total Num Buildings 1 Utilities Electricity AvailableNatural Gas AvailableWater Connected Zoning C2


    Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Ami Real Estate Inc.



    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-06-20T20:39:30.633.
     
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