5700 24th St E - Assisted Livings FOR SALE


Bradenton, FL 34203
$5,500,000 USD
904-358-1206
5700 24th St E, Bradenton, FL for Sale
$5,500,000 USD
Assisted Livings - FOR SALE
1/8
null | Request Cap Rate

5700 24th St E
Bradenton, FL 34203


HIGHLIGHTS

  • Traffic count: 37,500 AADT on 53rd Ave E.
  • Utilities: municipal services available on the property
  • Distance to I-75: 5.6 miles
  • Fire alarm system/sprinklers: All buildings are covered by sprinklers
  • Seller financing: owner may consider
  • Parking lot has been resurfaced and the parking lines have been repainted in April of 2026

OVERVIEW

Cottages of Bradenton offers a rare opportunity to acquire or lease a residential treatment facility in a prime Bradenton location. Situated on 6.62± acres and comprising seven freestanding buildings totaling 42,533± square feet, the property is currently configured as a 90-bed residential treatment facility and is fully sprinklered, municipally serviced and zoned PD-R for a variety of institutional residential uses. Its proximity to major roadways, strong area demographics and flexible redevelopment or continued-use potential make this an attractive opportunity. Other Uses; Drug Rehab Psychology Facility Life Sciences Behavioral Health Current occupancy: residential treatment facility (The Crossing Ministries), 90 beds, tenant occupied/90 days notice to vacate.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Continuing Care Retirement Com, Rehabilitation Center

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.62 AC

LAND SF

288,367 SF

ZONING

PDR

APN/PARCEL ID

18469-0005-6

ASK ABOUT THIS PROPERTY

Gary MontourColliersMore Info
904-358-1206

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Gary MontourColliersMore Info
904-358-1206

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.