6501 W 17th Ave, Bradenton

Usage

Retirement Home not eligible for exemption.

Address:

6501 W 17th Ave
Bradenton
FL 34209

Property Size:481,232 sq ft
Acreage:16.52
Year Built:1984
Property Class:B4
Latitude:27.483
Longitude:-82.627

Not Offered for Sale

Our records indicate this property is not currently for sale but we may be able to find something similar. Contact us for details.

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Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. Finding the property on our site does not necessarily mean it is for sale or rent at this time.

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Manatee County, Florida

Manatee County is part of the Tampa Bay region of Florida. Major industries include retail trade, agriculture, tourism, and retirement. Other important parts of the manatee county economy are manufacturing, agribusiness, and fishing. Port Manatee and the Sarasota Bradenton International Airport help connect Manatee County businesses to the world. The cost of living in Manatee County is slightly higher than the rest of the state.

Manatee County's largest private sector employers are Bealls Inc, Manatee Memorial Hospital, Tropicana products, Inc, and Publix. Major Public sector employers are Manatee County School District, Manatee County Government, and Manatee County Sheriffs Department. Bealls of Florida is headquartered in Manatee County. Incorporated cities and towns are Anna Maria, Bradenton (county seat), Bradenton beach, Holmes Beach, Longboat Key, and Palmetto. ..more

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Links

  1. 6501 W 17th Ave, Bradenton, FL on Google Maps
  2. Bradenton, FL Property Values on Trulia
  3. Demographic Data for Zipcode 34209 from City-Data.com
  4. Bradenton Demographics from City-Data.com
  5. Phone numbers and opening hours for businesses in the 34209 Zipcode

Owner Details

Manatee County Real Estate - Bradenton

Bradenton is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 49,546. Bradenton is approximately 32 miles from Tampa (population 335,709) and around 19 miles from Saint Petersburg (population 244,769).

The median age for residents of Bradenton is 42.8. Around 25.4% of Bradenton households include school aged children and 36.9% of households include individuals aged 65 years or over. Census records indicate 73.2% of the Bradenton population are White, 15.9% are Black or African American, .3% American Indian, 1% Asian and 2.4% are Two or more Races.

There are 26,767 housing units in Bradenton. 5,362 (20%) of these were reported as vacant in the 2010 Census. Bradenton is a tourist destination, 35% (1,882) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 11,507 residential rental units in Bradenton. 9,566 of them were occupied in 2010 providing a residential rental vacancy rate of 16.4%.

Bradenton links:

Local Household Income

The median household income in this part of Florida is $56,593. The bottom 10% of the population earn less than $19,651 per year. The top 10% earn more than $137,253 per year. The top 1% earn more than $456,616 per year. Most renters earn between $28,152 (20th percentile) and $49,284 (80th percentile) per year.

Source: US Census American Community Survey - 2007-2011 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $937. Most renters earn between $2,346 and $4,107 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $710 (20th percentile) to $1,247 (80th percentile) range. The residential vacancy rate is 14%.

Estimated Value: 6501 W 17th Ave

Market Data

In 2013 class A retirement home not eligible for exemption. properties in Bradenton sold for $320.58 to 320.58 per sq ft with a median price per sq ft of $320.58. Class B properties sold for $142.87 to 320.57 per sq ft with a median of $271.34 and class C properties sold for $142.86 to 142.86 per sq ft with a median of $142.86.

Market Valuation

6501 W 17th Ave appears to be a B Class property. Suggested value: $130,577,491

HighMedianLow
Value154,268,542 130,577,491 68,753,616

Income Valuation - Triple Net Lease

Visulate estimates the income value of this property is $52,342,000. 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.

Amount
Monthly Rent353,706
Annual Rent per Sq Ft8.82
Gross Annual Rent4,244,466
Vacancies and Bad Debt8%
Vacancies and Bad Debt Amount339,557
Maintenance20,019
HOA, Utilities and CAM0
Property Taxes27,410
Insurance37,344
Management Fees156,196
NOI3,663,940
Cap Rate7
Estimated Value52,342,000
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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.