$1,325,000
About this home
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. Serious inquiries only. Proof of funds or financing pre-approval required prior to release of detailed financials. Please do not disturb tenants.
Property details
- MLS #
- MFRA4707366
- Property type
- Hotel/Motel
- Subdivision
- EDGEWOOD 3RD ADD
- Status
- Active
- Days on market
- N/A
- On market date
- September 25, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.37 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 485
- Student:teacher ratio
- 12.4:1
- District
- MANATEE
- Enrollment
- 666
- Student:teacher ratio
- 18.0:1
- District
- MANATEE
- Enrollment
- 44
- Student:teacher ratio
- 22.0:1
- District
- MANATEE
Walkability
Blended score for BRADENTON's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in BRADENTON, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 16 hr ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.