| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 39th | Poor |
| Demographics | 43rd | Poor |
| Amenities | 56th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3800 Lake Bayshore Dr, Bradenton, FL, 34205, US |
| Region / Metro | Bradenton |
| Year of Construction | 1981 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3800 Lake Bayshore Dr, Bradenton FL Multifamily Investment
Neighborhood data points to steady renter demand supported by strong amenity access and a moderate renter base, according to WDSuite s CRE market data. The key investor angle is stable day-to-day livability factors at the neighborhood level rather than outsized growth or premium pricing.
This Inner Suburb pocket of Bradenton offers everyday convenience that supports leasing and retention: restaurant density ranks among the highest nationally (92nd percentile), with cafes (85th) and groceries (81st) also well represented. These amenity concentrations typically translate into resident convenience and fewer frictions around daily needs, which can help stabilize occupancy at the neighborhood level.
The property s 1981 vintage is slightly newer than the neighborhood s average construction year (1977). For investors, this suggests competitive positioning versus older stock, while still warranting capital planning for aging systems and selective value-add to meet contemporary renter expectations.
Within a 3-mile radius, households have increased in recent years even as overall population was roughly flat to slightly down, and forecasts call for additional household growth. A smaller average household size over time indicates more, smaller households entering the market a pattern that generally expands the renter pool and supports occupancy stability for well-managed assets.
Renter-occupied housing comprises roughly two-fifths of neighborhood units, signaling a meaningful but not dominant renter concentration. Median contract rents have risen over the last five years, yet rent-to-income ratios near the neighborhood remain manageable, which can aid lease retention. Elevated home-value accessibility locally can introduce some competition from ownership, but it also keeps multifamily positioned as a practical option for residents seeking flexibility.
Neighborhood safety indicators are below national benchmarks (overall safety sits in the lower national percentiles), and the area ranks toward the higher-crime end within the North Port Sarasota Bradenton metro (ranked 207 out of 218 neighborhoods). That said, recent trends show a slight year-over-year improvement in violent incident rates, which investors may monitor alongside property-level security and management practices.
Nearby corporate offices provide a diversified employment base that supports renter demand and commute convenience, including Airgas, Jabil Circuit, Raymond James Financial, Cardinal Health, and Tech Data. Proximity to these employers can aid leasing velocity and retention for workforce-oriented units.
- Airgas corporate offices (5.1 miles)
- Jabil Circuit corporate offices (27.8 miles) HQ
- Raymond James Financial corporate offices (29.2 miles) HQ
- Cardinal Health corporate offices (31.8 miles)
- Tech Data corporate offices (31.8 miles) HQ
This 100-unit 1981 asset in Bradenton s Inner Suburb benefits from strong day-to-day amenity access and a renter base that is meaningful but not saturated. Based on commercial real estate analysis from WDSuite, neighborhood restaurant, cafe, and grocery densities score well above national norms, supporting livability and potential tenant retention. Household growth within a 3-mile radius and a trend toward smaller household sizes point to a gradually expanding renter pool. The vintage suggests scope for targeted value-add and systems modernization to enhance competitiveness versus older stock.
Key considerations include safety metrics that trail national averages and an ownership-leaning housing mix, which can introduce competition from for-sale options. Neighborhood occupancy levels are not elevated, so execution around operations, renovations, and leasing strategy will be important to drive stable performance.
- Amenity-rich neighborhood (restaurants, cafes, groceries) supports leasing and retention
- 1981 vintage with value-add and systems upgrade potential to strengthen positioning
- 3-mile household growth and smaller household sizes expand the renter pool over time
- Manageable rent-to-income dynamics can aid renewals and pricing discipline
- Risks: below-average safety metrics, owner-leaning tenure, and modest neighborhood occupancy