4704 26th STREET W
About This Property
Some photos have been staged for visualization purposes. Nestled in the heart of Bradenton, this prime piece of real estate on 26th Street West is a gem waiting to be discovered. Imagine the potential! With professional businesses on each side, this location is a testament to its desirability. With approximately 17,500 automobiles passing by daily, the possibilities here are endless. This property comes with a versatile zoning classification. Currently zoned as Residential Duplex Districts (RDD-3, RDD-4.5, RDD-6), it's perfect for medium-density residential development, including single-family and duplex homes.
Additionally, it allows for residential support uses and limited non-residential activities. Residential Support Use are possibilities like: Churches or Other Houses of Worship, Child Care Centers, Accessory Child Care Facilities, Family Day Care Homes, Environmental Education Facilities, Schools (elementary, middle, high, or college/university; public or private; or schools of special education)
Looking to the future, the property's Future Land Use designation includes OL (Low Intensity Office), CON, RSF-3, RSF-4.5, RSF-6, RSMH-4.5, RSMH-6, RDD-3, RDD-4.5, RDD-6, RMF-6, PR-S, PR-M, MP-I. Low Intensity Office Use opportunities are various office activities with minimal impact on the surrounding area. Think professional offices like law firms, accounting offices, or small consulting businesses.
For precise definitions and regulations regarding "Low Intensity Office Use" in Manatee County, I recommend consulting the Manatee County Land Development Code or reaching out to the Manatee County Planning Department. Remember, zoning codes can vary, and it's crucial to get all the details you need.
Opportunity is knocking, my friends! Don't miss out on this fantastic property. Explore the potential that awaits you here!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 6, 2025 | Sold | ||
| Sold | |||
| Dec 17, 2024 | In contract | - | |
| In contract | |||
| Jun 3, 2024 | Price Decreased |
$299,000
↓ $30K
(9.1%) | |
| Price Decreased | |||
| Apr 23, 2024 | Price Decreased |
$329,000
↓ $50K
(13.2%) | |
| Price Decreased | |||
| Oct 6, 2023 | Listed by COMPASS FLORIDA LLC | $379,000 | |
| Listed by COMPASS FLORIDA LLC | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017