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2704 49th Ave W, Bradenton, FL 34207 2704 49th Ave W 16 Unit Apartment Building $12,074,708 CAD ($754,669 CAD/Unit) 11.70% Cap Rate Bradenton, FL 34207
INVESTMENT HIGHLIGHTS
- Priced at $8,650,000 with a conservative projection of Annual Gross Revenue at $995,619.
- Value-Add Opportunities to enhance ROI with cost-effective upgrades.
- Bradenton's population growth, tourism boom, and economic drivers (e.g., retail and beaches) ensure appreciation and demand.
EXECUTIVE SUMMARY
Priced at $8,650,000 with a conservative projection of Annual Gross Revenue at $995,619.
For sale listed by Home Team Luxury Realty
For inquiries contact Megan Skaggs:
Call (573) 760-2337
Email - megan@hometeamluxuryrealty.com
PROPERTY FACTS
| Price | $12,074,708 CAD | Building Class | B |
| Price Per Unit | $754,669 CAD | Lot Size | 2.03 AC |
| Sale Type | Investment | Building Size | 9,980 SF |
| Cap Rate | 11.70% | Average Occupancy | 80% |
| Sale Condition | Business Value Included | No. Stories | 2 |
| No. Units | 16 | Year Built | 2025 |
| Property Type | Multifamily | Parking Ratio | 3.01/1,000 SF |
| Property Subtype | Apartment |
| Price | $12,074,708 CAD |
| Price Per Unit | $754,669 CAD |
| Sale Type | Investment |
| Cap Rate | 11.70% |
| Sale Condition | Business Value Included |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 2.03 AC |
| Building Size | 9,980 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 2025 |
| Parking Ratio | 3.01/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Tub/Shower
- Wi-Fi
- Family Room
- Island Kitchen
- Lawn
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
- Pool
- Furnished Units Available
ABOUT 2704 49TH AVE W , BRADENTON, FL 34207
This exceptional 2-building complex offers a rare opportunity for investors seeking immediate income. Building 1 was renovated between 2020-2022, while Building 2 is new construction completed in 2025. Together, they house 16 fully furnished units—12 are 2-bedroom, 2-bath units and 4 are 3-bedroom, 2-bath units—all operating as short-term rentals and generating strong, consistent cash flow. Professionally designed, Building 2 combines style and functionality to boost rental profits. The property features its own resort-style, heated pool, creating a standout amenity that attracts guests and drives rental demand. Included in the sales price are the land, buildings, and the fully operating short-term rental business, making this a complete turnkey package. Being sold As-Is, fully furnished and ready for a buyer to step in and continue generating income from day one. While it is already performing exceptionally well, there is significant potential to increase revenue further through additional design upgrades and amenity enhancements. Perfect for investors looking for a high-demand, turnkey income property, this complex combines modern upgrades, a strong rental history, a prime location, and a stunning resort-style pool. Don’t miss this unique investment opportunity!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 12 | - | 982 |
| 3+2 | 4 | - | 1,171 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $64,363 CAD | Total Assessment | $64,363 CAD |
PROPERTY TAXES
Presented by
Home Team Luxury Realty FL, LLC
2704 49th Ave W, Bradenton, FL 34207 | 2704 49th Ave W
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