2619 45TH AVE W Bradenton FL 34207-1139

For any questions or inquiries, please contact Matt Comito at (656) 400-2247. ✅

Turnkey, 7.75% Cap Rate, taxes reassessed, full expense load accounted

2691 45th Ave W distinguishes itself as one of Bradenton’s uniquely designed apartment communities. Featuring single-story, townhome-style layouts, each unit offers private entrances, limited shared walls, and fenced-in backyards for most residences. This delivers a rare blend of privacy, comfort, and tenant appeal. This thoughtful design fosters strong resident retention and supports premium rental performance.

Strategically located in one of Southwest Florida’s most robust employment hubs and supply-constrained markets, Bradenton continues to outperform with the region’s lowest vacancy rate. This reflects consistent demand and long-term market stability. The property consists of two concrete block buildings and one wood-frame structure, all located in Flood Zone X (not a designated flood zone), which helps mitigate risk and enhance asset security. Renovated in 2022, all units received updated kitchens and bathrooms, along with additional capital expenditures, leaving the property with no deferred maintenance and minimal ongoing capital needs.

With strong in-place cash flow, favorable market fundamentals, and a highly desirable unit layout, the asset also offers additional upside through potential land monetization and long-term rent growth and optimization. This positions it as a compelling opportunity for stable performance and future value creation

• Located within one of the region’s strongest employment markets and boasting some of the lowest vacancy rates in SW FL

• 219,235 residents within a 5-mile radius

• Dynamic unit mix: two 1-bed/1-bath units, three 2-bed/1-bath units, and one 3-bed/1- bath unit

• Single-story, townhome-style layouts with private entrances, patios, and fenced-in backyards in 4 of the 6 units

• In-unit laundry rooms with washer and dryer in all units except 1BR/1BA floorplans

• Renovated in 2022: all units include updated kitchens and bathrooms

• Efficient design that promotes resident retention and supports strong rent

• No deferred maintenance and minimal capital expenditure required

• Two of the three buildings constructed with concrete block

• Located in Flood Zone X (outside high-risk flood areas, reducing insurance exposure)

• Additional upside through land monetization and future rent optimization