$1,650,000

2003 14th Avenue W, Bradenton, FL 34205

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$1,650,000

2003 14th Avenue W Bradenton, FL 34205

For Sale MLS# U8233705

4,885 sq ftCommercial

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Data current as of 20/05/2024 10:11:15

Details for 2003 14th Avenue W

MLS# U8233705

Description for 2003 14th Avenue W, Bradenton, FL, 34205


This is an amazing and rare business opportunity. Proven money maker with the same owner since 1996 (27 years). The Florida Bound Motel is a 19 unit motel. There are 18 rentable units treated as an extended stay multifamily property and 1 onsite manager's apartment. There is an attached family take-out restaurant which has outdoor seating. The restaurant is rented out to the same established restaurant owner for the last 6 years. The zoning is C-3. The current owner maintains a Motel License, Restaurant License and Merchandising License. This owner operator has a smooth profitable operation that is turnkey. Many guests stay long term. New owners can transition easily as an owner-operator or hire an onsite manager or couple to take care of the day to day business. Property has high occupancy and usually maintains a waiting list. Guests tend to stay longer than planned due to all the conveniences (clean property, centrally located to nearby restaurants, supermarkets, bus routes and the downtown area.) New owner can take over this business with little effort at same levels or supercharge the profits by operating a nightly guest stay operation (current comps in that area is $500 a week per unit). SELLER FINANCING TERMS are available for a qualified buyer.

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 0.28 Acres

Square Feet: 4,885 sq ft

Year Built: 1946

Construction: Block

Construction Display: New Construction

Subdivision: Edgewood

Foundation: Slab

County: Manatee

Construction Status: New Construction

Interior Features


Flooring: Ceramic Tile

Doors/Windows: Window Treatments

Accessibility: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Entrance, Accessible Full Bath

Utilities


Water: Public

Sewer: Public Sewer

Other Utilities: Electricity Available,High Speed Internet Available,Municipal Utilities,Water Connected

Cooling: Wall/Window Unit(s)

Heating: Other

Exterior / Lot Features


Lot Dimensions: 50x120

Additional Exterior/Lot Features: Landscaped, Near Public Transit, City Lot, Central Business District

Community Features


Community Features: Street Lights, Fitness Center, Curbs, Sidewalks

Security Features: Security Lights, Key Card Entry, Smoke Detector(s)

Driving Directions


Take Tamiami Trail/14th Street to 2003 located on the East Side of the street directly across from the new grocery store.

Financial Considerations


Tax/Property ID: 4471400004

Tax Amount: 5913.7

Tax Year: 2023

Price Changes


$1,650,000 Original Price
$1,650,000 Current Price
$0Total Change
Date Price Change
03/11/2024 11.19 AM $1,650,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 2003 14th Avenue W

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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