Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Other

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.77

  • Lot Size(square feet)

    33,541

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $1,575,000

  • Tax Amount

    $11,020

  • Sq. Footage

    9,124

  • Price/SqFt

    $172

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Other

  • Ownership

    Fee Simple

  • Tax Lot

    1

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Location

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Manatee

Elementary School

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Listing Courtesy of William Kelly, THE REAL ESTATE STORE

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RARE DEVELOPMENT OPPORTUNITY! Nearly 7 acres strategically positioned along the 53rd Avenue E / SR 70 corridor in Bradenton, offering excellent connectivity and convenient access to major roadways. The offering includes 1623 53rd Ave E and the adjoining 51st Ave E parcel, which are being sold together and are NOT available for separate purchase. The property features multiple zoning designations, including GC, PR-M, RMF-6, and RSF-6, providing a variety of potential future land-use and development opportunities, subject to Manatee County approval and applicable regulations. Existing improvements include an established family-owned automotive body shop with approximately 9,124 SF of warehouse/storage space. The combination of substantial acreage, multiple zoning designations, existing improvements, and a strategic Bradenton location creates an opportunity for developers, investors, or owner-users to explore a range of potential uses. Flood Zone X

1623 53RD AVENUE E

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Welcome to this Income-Producing Motel / Multifamily Investment!!
Rare opportunity to acquire a licensed motel operating as long-term residential rentals in the heart of Bradenton. The property consists of 11 total units — 10 studio units and one 1-bedroom/1-bath unit — and is currently fully occupied, providing immediate cash flow from day one.
Eight of the 11 units have already been remodeled, leaving additional value-add potential through renovation of the remaining units and continued rent optimization.
The property generated approximately $153,000 in revenue over the prior 12 months, with a stabilized NOI of approximately $119,893. Detailed financials, rent roll, and supporting documentation are available to qualified, pre-approved buyers.
What truly separates this property is the future development potential. Current zoning allows for up to 20 additional units, providing a new owner with a significant opportunity to expand the existing operation and increase the property's income potential, subject to applicable governmental approvals and development requirements.
Major improvements include a roof replacement in 2019 and an electrical panel update in 2017.
This is an opportunity to acquire an already-performing, fully occupied asset with existing cash flow, remaining renovation upside, and substantial expansion potential in Bradenton.
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2.11-acre commercial development and investment opportunity in the heart of the Lakewood Ranch/University Town Center (UTC) corridor, one of Southwest Florida's premier growth markets. Zoned PD-MU (Planned Development-Mixed Use) according to the Manatee County Property Appraiser, this highly visible site offers exceptional access to Town Center Parkway, University Parkway, and Interstate 75 (Exit 213). Positioned adjacent to Hyatt Place (122 rooms), Home2 Suites by Hilton (108 rooms), and Fairfield Inn & Suites by Marriott (87 rooms), the property benefits from approximately 317 hotel rooms on Exchange Way alone, with more than 940 hotel rooms within approximately three miles. Recent reports indicate five additional hotels are planned within Lakewood Ranch, including three along the nearby Town Center Parkway corridor, reinforcing the area's continued commercial expansion and increasing overnight visitor demand. According to Seller, all major utilities have been stubbed to the site. Buyer shall independently verify utility availability, capacity, and connection requirements. Located minutes from UTC, reporting 20M+ annual visitors and more than $1B in annual retail sales, the property is surrounded by major attractions, healthcare, dining, and ongoing residential and commercial development. According to RCLCO's 2025 rankings, Lakewood Ranch ranked the #2 top-selling master-planned community in the U.S. and remains among the nation's fastest-growing multigenerational communities. Illustrative marketing materials present "The Exchange," a conceptual vision only and do not represent approved plans, entitlements, permitted uses, or future development. Buyer shall independently verify zoning, permitted uses, development standards, utilities, environmental conditions, access, traffic counts, impact fees, and all information material to Buyer's intended use.
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