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Investment Highlights

  • Traffic count: 37,500 AADT on 53rd Ave E.
  • Distance to I-75: 5.6 miles
  • Seller financing: owner may consider
  • Utilities: municipal services available on the property
  • Fire alarm system/sprinklers: All buildings are covered by sprinklers
  • Parking lot has been resurfaced and the parking lines have been repainted in April of 2026

Executive Summary

Cottages of Bradenton offers a rare opportunity to acquire or lease a residential treatment facility in a prime Bradenton location. Situated on 6.62± acres and comprising seven freestanding buildings totaling 42,533± square feet, the property is currently configured as a 90-bed residential treatment facility and is fully sprinklered, municipally serviced and zoned PD-R for a variety of institutional residential uses. Its proximity to major roadways, strong area demographics and flexible redevelopment or continued-use potential make this an attractive opportunity.
Current occupancy: residential treatment facility (The Crossing Ministries), 90 beds, tenant occupied/90 days notice to vacate.

Property Facts

Price $7,576,250 CAD
Price Per Bed $84,181 CAD
Sale Type Investment or Owner User
Property Type Health Care
Property Subtype Assisted Living
Building Class B
Lot Size 6.62 AC
Building Size 42,533 SF
No. Beds 90
No. Stories 1
Year Built 1989
Tenancy Single
Zoning PDR - Permitted uses include residential treatment (psychiatric, drug rehabilitation or assisted living facility).
Somewhat walkable
30/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
18469-0005-6
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,176,695 CAD
  • Listing ID: 40159624

  • Date on Market: 2026-04-15

  • Last Updated:

  • Address: 5700 24th St E, Bradenton, FL 34203

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