Projects
SR 64 Executive Storage Condos
Project facts
- Status
- Completed
- Address
- 829 57th St E
- City
- Bradenton, Florida
- Region
- Southwest Florida
- Submarket
- Sarasota; Bradenton
- Units
- 36
- Amenity tier
- Flex
- Key amenities
- Private Bathrooms, Smart Access & Wi-Fi, 14'+ Roll-Up Doors, Climate Control, Impact-Rated Doors & Windows, Gated Access & Security, Wash Bays & RV Stations
- Construction
- Block
- Finish level
- Basic
- Year built
- 2026
- Flood zone
- X
Market value summary
- Avg Market Value
- $245 / SF
- Avg Market Value
- $218,000
Location Summary
Bradenton / Sarasota; Bradenton Overview
SR 64 Executive sits at 829 57th Street East, just off State Road 64 in east Bradenton, a delivered and operating 36-unit community of Flex-Tier garage suites positioned on the working spine between downtown Bradenton and the Riverwalk to the west and the Interstate 75 and Lakewood Ranch growth front to the east. It belongs to the Sarasota to Bradenton corridor, the affluent-growth anchor of the northern Southwest Florida coast, which carries the highest wealth percentile among the platform's Southwest Florida submarkets at 69.6 and posted the region's strongest one-year pricing gain at 20.5 percent against a $385 per square foot trailing-twelve-month median. At the metro level, the North Port to Sarasota to Bradenton MSA counted 948,158 residents in 2025 after growing at three to five times the national pace since 2020, fed by Florida's lead in net income in-migration and its absence of a state income tax.
The immediate trade area is working-age, dense, and vehicle-heavy rather than resort-coastal. Within five miles live 117,778 residents with a median age of 45.7, and 16.8 percent of households own three or more vehicles, a profile built around contractors, small-business owners, boaters, and families whose trucks, trailers, boats, and project cars outgrow the typical east Bradenton lot. Affluence deepens quickly with distance: households earning $200,000 or more rise from 1,335 within 3 miles to 9,261 within 7 miles as the radius reaches Lakewood Ranch and the Manatee River waterfront.
Access is the site's defining advantage. SR 64 connects west to US 301 about 2 to 3 miles away and east to the Interstate 75 interchange about 3 miles away, placing downtown Bradenton roughly 15 minutes west and Sarasota Bradenton International Airport, which set a record of more than 4.5 million passengers in 2025, roughly 20 to 25 minutes southwest.
Current Events & Infrastructure
- I-75 Arterial Dynamic Message Signs, SR 64 Interchange: FDOT is installing arterial dynamic message signs, fiber, and verification cameras at the I-75 interchanges with SR 64 and SR 70 under a $5.1 million contract covering 14 miles of I-75 in Manatee County, in construction with completion expected in late 2026. The SR 64 interchange about 3 miles east of the site is one of the two installation points, improving incident and traffic information on the site's primary interstate access.
- SR 64 Corridor Maintenance: FDOT carried a $1 million maintenance project on SR 64 from Grand Harbour Parkway to Lena Road, roughly 3 to 5 miles east of the site, starting in early 2026 with completion expected in mid-2026.
- Lena Road Landfill Renewable Natural Gas Facility: Manatee County selected Nopetro and Johnson Controls in December 2025 for a $50 million landfill-gas-to-renewable-natural-gas plant at the county's Lena Road Landfill, roughly 10 to 15 minutes east; a draft building permit for the control building was posted in September 2026, with operations announced for 2027.
Key Demand Drivers
East Bradenton's housing stock is dominated by modest single-family lots and established subdivisions along SR 64, few of which accommodate a boat, a trailer, or a second project vehicle. That shortage of secure, climate-controlled space close to home, set against one of the region's deepest concentrations of multi-vehicle households, is what drives demand for private garage suites at this address.
- Ellenton Ice and Sports Complex: The two-sheet ice facility about 10 minutes northwest is planning a $7 million expansion that adds a third sheet of ice and an NHL-level training facility, with the new sheet targeted for August 2027 and full completion by 2028, serving fast-growing youth hockey and figure skating programs.
- LECOM Park: The 8,500-seat ballpark roughly 15 minutes west in Bradenton has hosted Pittsburgh Pirates spring training since 1969 under a lease running through 2037 and is home to the Single-A Bradenton Marauders, drawing seasonal visitors and part-year residents each spring.
- Northchase Center Publix, SR 64 East: A new Publix opened June 11, 2026 at 16642 State Road 64 East, roughly 15 minutes east of the site, as the 19th Publix in Manatee County, signaling the continued rooftop build-out along the SR 64 corridor.
Location Highlights
- MSA Position: The North Port to Sarasota to Bradenton MSA reached 948,158 residents in 2025, growing at three to five times the national rate since 2020.
- Enthusiast / Collector Culture: The corridor's established collector and boating base prizes provenance and presentation, and Manatee River and Gulf access keep trailered boats in year-round use.
- Infrastructure & Recreation: Direct SR 64 frontage between US 301 and I-75, with new interchange signage underway and ice, baseball, and riverfront recreation within 15 minutes.
- Market-Specific Factor: Sarasota; Bradenton led Southwest Florida with a 20.5 percent one-year gain in platform pricing and a 7.2 percent five-year annualized gain, marking it as the region's appreciation leader.
- Tax & Quality of Life: Florida levies no individual income tax, and statewide property-insurance relief, including an 8.7 percent average Citizens rate decrease filed in early 2026, is easing ownership costs.
- High Net Worth Concentration: The trade area holds 1,335 households earning $200,000 or more within 3 miles, 4,343 within 5 miles, and 9,261 within 7 miles, a depth that roughly doubles with each ring as the radius reaches Lakewood Ranch and the waterfront.
Area Demographics (ACS 2024)
5-Mile Profile: Population 117,778 | Median HH Income $72,084 | HH Earning $150K+ 16.4% | Median Age 45.7 | Age 55+ 38.2% | Seasonal Units 10.0% | Households with 3+ Vehicles 16.8% | YoY Population Growth not yet computed
Wealth Index: 3.8 / 10 (SCK portfolio-relative)
Unit values
| Unit | Size | Market value | $ / SF |
|---|---|---|---|
| Unit 1 | 1,408 SF | $350,000 | $249 / SF |
| Unit 2 | 937 SF | $233,000 | $249 / SF |
| Unit 3 | 941 SF | $234,000 | $249 / SF |
| Unit 4 | 941 SF | $234,000 | $249 / SF |
| Unit 5 | 941 SF | $234,000 | $249 / SF |
| Unit 6 | 941 SF | $234,000 | $249 / SF |
| Unit 7 | 941 SF | $234,000 | $249 / SF |
| Unit 8 | 941 SF | $234,000 | $249 / SF |
| Unit 9 | 941 SF | $234,000 | $249 / SF |
| Unit 10 | 941 SF | $234,000 | $249 / SF |
| Unit 11 | 941 SF | $234,000 | $249 / SF |
| Unit 12 | 941 SF | $234,000 | $249 / SF |
| Unit 13 | 911 SF | $228,000 | $250 / SF |
| Unit 14 | 717 SF | $172,000 | $240 / SF |
| Unit 15 | 741 SF | $177,000 | $239 / SF |
| Unit 16 | 741 SF | $177,000 | $239 / SF |
| Unit 17 | 741 SF | $177,000 | $239 / SF |
| Unit 18 | 741 SF | $177,000 | $239 / SF |
| Unit 19 | 741 SF | $177,000 | $239 / SF |
| Unit 20 | 741 SF | $177,000 | $239 / SF |
| Unit 21 | 741 SF | $177,000 | $239 / SF |
| Unit 22 | 741 SF | $177,000 | $239 / SF |
| Unit 23 | 741 SF | $177,000 | $239 / SF |
| Unit 24 | 741 SF | $177,000 | $239 / SF |
| Unit 25 | 741 SF | $177,000 | $239 / SF |
| Unit 26 | 928 SF | $231,000 | $249 / SF |
| Unit 27 | 966 SF | $239,000 | $248 / SF |
| Unit 28 | 966 SF | $239,000 | $248 / SF |
| Unit 29 | 935 SF | $233,000 | $249 / SF |
| Unit 30 | 935 SF | $233,000 | $249 / SF |
| Unit 31 | 935 SF | $233,000 | $249 / SF |
| Unit 32 | 935 SF | $233,000 | $249 / SF |
| Unit 33 | 935 SF | $233,000 | $249 / SF |
| Unit 34 | 966 SF | $239,000 | $248 / SF |
| Unit 35 | 966 SF | $239,000 | $248 / SF |
| Unit 36 | 936 SF | $233,000 | $249 / SF |