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8 Key Boutique Hotel | Tampa MSA 1128 E Manatee Ave

8 Room Hotel Bradenton, FL 34208 For Sale

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Investment Highlights

Charming three-building boutique hotel on a corner lot in the historic district of Bradenton, FL.
Located less than a mile from Downtown Bradenton, blocks from the Manatee Riverwalk and numerous restaurants.
Major thoroughfares Route 41, Business Route 41, and Route 301 are nearby.

Features include luxury suites and individual rooms with chic, high-end finishes.
Drivable to Sarasota International Airport in under 20 minutes.

Executive Summary

Located in the Tampa Bay area in Bradenton, Florida, Manatee Palms is a unique value-add investment opportunity. With three buildings sitting on 0.57 acres, the hotel is currently operating as a Bed & Breakfast, and includes eight units, with the possibility of 10. With the current configuration, the property includes a restaurant space, an onsite pool, venue space, and an office.
Manatee Palms is in a densely saturated retail corridor, with shopping, dining, and entertainment within walking distance. Located near the Manatee River, the property is a short drive the Bradenton Riverwalk, Sarasota, and the beautiful area beaches.

Manatee Palms Flyer

Operating and Financials
Zoning

Property Facts

Sale Type	Investment	No. Rooms	8
Property Type	Hospitality	Number of Floors	2
Property Subtype	Hotel	Year Built/Renovated	1925/2020
Building Class	C	Parking Ratio	1.28/1,000 SF
Lot Size	0.57 AC	Corridor	Interior
Building Size	6,258 SF	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Sale Type	Investment
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.57 AC
Building Size	6,258 SF
No. Rooms	8
Number of Floors	2
Year Built/Renovated	1925/2020
Parking Ratio	1.28/1,000 SF
Corridor	Interior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.