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31132641
31132643

904 33rd Ave E, Bradenton, FL 34208 For Sale

TU
FL SL3470017
The Apartment Brokers
JP
FL SL3252472
The Apartment Brokers
JS
FL SL3619366
Listed by The Apartment Brokers
$5,400,000
125 days on market
Updated 16 days ago
Opportunity zone

The Cul De Sac Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 30,240
Units 30
Cap Rate 8.37%
NOI $451,818
Pro-Forma Cap Rate 9.07%
Pro-Forma NOI $489,708
Price per SqFt $179
Year Built 1984
Buildings 15
Stories 1
Acreage 4.430
Zoning RDD6

Multifamily | 30 Units | $180,000/unit

Marketing description

The Apartment Brokers proudly present the Cul De Sac Apartments, a 30-unit multifamily investment opportunity located at 904, 1007, 903 33rd Ave E, Bradenton, Florida. Built in 1984, this property consists of fifteen concrete block duplex buildings totaling 30,240 square feet on a 4.43-acre parcel. Each unit features a spacious 3-bedroom / 2-bathroom layout of approximately 1,008 square feet, offering residents comfortable living with central air conditioning, washer/dryer hookups, and concrete block construction with pitched shingle roofs and slab foundations. The floorplans include a master bedroom with its own private back entrance and en-suite bathroom. All utilities are separately metered for both electric and water, with tenants responsible for their own usage, minimizing landlord expenses. Trash service is covered by the landlord. Property also has city water and city sewer service. Positioned in Manatee County, just minutes from Downtown Bradenton, major retail, and employment hubs, Southeast Duplexes also benefits from its proximity to Sarasota and St. Petersburg, two of the Gulf Coast’s most dynamic cities. This asset with tenant-paid utilities and large 3-bedroom floorplans makes for an excellent addition to any multifamily portfolio.

Listing Contacts

TU
FL SL3470017
The Apartment Brokers
JP
FL SL3252472
The Apartment Brokers
JS
FL SL3619366
Listed by The Apartment Brokers

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$451,818.00
$37,651.50/mo

Valuation Metrics

0
DSCR
8.37%
Cap Rate
8.37%
ROI

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Additional Information

Name
Tito Urbano
License
SL3470017
Brokerage
Florida Realty Investments
Brokerage Phone
(407) 207-2220
Title
Sales Associate
Brokerage Address
Parking lot
Name
Jose Sifontes
License
SL3619366
Brokerage
The Apt Brokers/FRI
Brokerage Phone
407-640-8183
Title
Real Estate Agent
Brokerage Address
Parking lot
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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