$1.32M
2405 10th Street
Bradenton, FL 34205
Listing updated: September 26, 2026 at 7:28 AM ET
Property type
Year built
Building size
Lot size
Price / SF
Zoning
Day on market
Lease terms
- Occupancy
- Tenant
About this property
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.
Virtual tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Hotel/Motel
- Status
- Active
- Days on market
- 1
- Subdivision
- Edgewood 3rd Add
- County
- Manatee
- Year built
- 1980
- Building area
- 3,412 sq ft
- Price/sq ft
- $388.34
- Lot size
- 16,000 sq ft
- Buildings
- 1
- Ceiling height
- 8 to 9 Feet
- Road frontage
- Private Road
- Annual taxes
- $3K (2025)
- Parcel #
- 4490800059
- Zoning
- C3
- MLS #
- A4707366
Utilities
- Utilities
- Electricity Available, Public
- Water source
- Public
- Sewer
- Public Sewer
Listing details
- Listing date
- 2026-09-24
- On market date
- 2026-09-25
- MLS area
- 34205 - Bradenton
- Status changed
- 2026-09-25
- Tax legal description
- LOTS 251,252,269,270 & 20 FT SQ IN SW COR OF LOT 271 GILLEY & PATTEN'S KNOWN AS THE THIRD ADD TO EDGEWOOD PI#44908.0005/9
Location
Directions
US 41 Heading N From Sarasota, turn right onto 23rd Ave W, Right onto Tenth st W, Left into Parking lot behind building.
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of September 26, 2026 at 7:28 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA