6501 W 17th Ave is a 481,232 sq ft Home for the aged in Bradenton.
It was built in 1984. 6501 W 17th Ave sits on 16.52 acres of land. In 2014 similar properties sold for between $53,002,892 and $201,395,592. We estimate the income value of 6501 W 17th Ave at $62,123,143. The assumptions we used to calculate this value are include in the spreadsheet linked below. Bradenton is in Manatee County, Florida.
6501 W 17th Ave Property Summary
6501 W 17th Ave
Property Size: 481,232 sq ft
Year Built: 1984
Property Class: B3
27.483, -82.627 Not Offered for Sale
This property is not currently for sale by Visulate but we may be
able to find something similar. Contact us for details.
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Estimated Value: 6501 W 17th Ave
In 2014 class A home for the aged properties in Bradenton sold for $418.51 to
418.51 per sq ft with a median price per sq ft of
$418.51. Class B properties sold for $110.14 to
418.50 per sq ft with a median of
$110.13 and class C properties sold for $110.13 to
110.13 per sq ft with a median of $110.13.
6501 W 17th Ave appears to be a B Class property. Suggested value: $52,998,080
High Median Low
Income Valuation - Triple Net Lease
Visulate estimates the income value of this property is
Details of how we produced this estimate value appear below:
The following table shows a income valuation estimate for 6501 W 17th Ave.
Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and
assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.
Net lease values for maintenance, property tax,
utilities and insurance shown below are calculated as a percentage of the full amount based on the vacancy percentage.
Monthly Rent 462,384
Annual Rent per Sq Ft 11.53
Gross Annual Rent 5,548,605
Vacancies and Bad Debt 15%
Vacancies and Bad Debt Amount 832,291
HOA, Utilities and CAM 0
Property Taxes 71,486
Management Fees 188,653
Cap Rate 7
Estimated Value 62,123,143
Edit Values and Estimate Cashflow
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Local Household Income
The median household income in this part of Florida is $55,460.
The bottom 10% of the population earn less than $18,295 per year.
The top 10% earn more than $132,640 per year. The top 1%
earn more than $438,985 per year.
Most renters earn
between $28,032 (20th percentile)
and $49,500 (80th percentile) per year.
Someone earning the median household income in this area is likely to qualify for a mortgage between
Source: US Census American Community Survey -
2008-2012 ACS 5-year PUMS estimates Local Rents
The median monthly rent in this part of Florida is $931.
Most renters earn
and $4,125 per month.
They typically spend 34.5% of their monthly income on rent.
Most rents fall in the $707 (20th percentile)
to $1,258 (80th percentile) range.
The residential vacancy rate is 13%.
6501 W 17th Ave, Bradenton, FL on Google Maps
6501 W 17th Ave Walkscore
Bradenton, FL Property Values on Trulia
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Date Sold By Sold To Deed Type Price
Disclaimers and Disclosures
Public Records Data
The information on this page was compiled from public records.
It is deemed reliable but not guaranteed to be an accurate snapshot of the
property details at the time the snapshot was taken. All information should be independently verified.
The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.
In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.