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 2015 similar properties sold for between $40,856,597 and $103,811,367. We estimate the income value of 6501 W 17th Ave at $47,770,471. 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
Bradenton
FL 34209

Property Size:481,232 sq ft
Acreage:16.52
Year Built:1984
Property Class:B3
Lat, Long: 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.

Estimated Value: 6501 W 17th Ave

Market Data

In 2015 class A home for the aged properties in Bradenton sold for $215.73 to 456.17 per sq ft with a median price per sq ft of $359.16. Class B properties sold for $84.90 to 215.72 per sq ft with a median of $143.72 and class C properties sold for $46.46 to 84.89 per sq ft with a median of $60.80.

Market Valuation

6501 W 17th Ave appears to be a B Class property. Suggested value: $69,162,663

HighMedianLow
Value103,811,367 69,162,663 40,856,597

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $47,770,471. 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.

Amount
Monthly Rent464,790
Annual Rent per Sq Ft11.59
Gross Annual Rent5,577,479
Vacancies and Bad Debt15%
Vacancies and Bad Debt Amount836,622
Maintenance250,241
HOA, Utilities and CAM0
Property Taxes490,254
Insurance466,795
Management Fees189,634
NOI3,343,933
Cap Rate7
Estimated Value47,770,471
Edit Values and Estimate Cashflow Estimate Cashflow
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Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Search County Property Tax and Court Records

Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $54,523. The bottom 10% of the population earn less than $18,447 per year. The top 10% earn more than $131,721 per year. The top 1% earn more than $409,221 per year. Most renters earn between $27,912 (20th percentile) and $48,372 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $109,046 and $136,308.

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 $912. Most renters earn between $2,326 and $4,031 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $717 (20th percentile) to $1,218 (80th percentile) range. The residential vacancy rate is 13%.

Links

  1. 6501 W 17th Ave, Bradenton, FL on Google Maps
  2. 6501 W 17th Ave Walkscore
  3. Bradenton, FL Property Values on Trulia
  4. Search for EPA and DEP Cleanup Sites

Owner Details

Sales History

DateSold BySold ToDeed TypePrice
08/01/2014 Not Recorded Buyer: 9656125 Unknown 53,000,000.00
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.