Duplex with Studio
For Sale
$324,999
2014 10TH Street W, Bradenton, FL 34205
Residential Income, BRADENTON, FL
Property Size1,075 SF
Lot Size0.12 Acres
Price / SF$302.32
Days on Market108
Property Features for 2014 10TH Street W
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3A
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
Interior features
Ceiling Fans(s)
Subdivision
BICKLEY
Directions
2014 10th St W, Bradenton, FL 34205-7635, Manatee County
Standard status
Active
APN
4461400006
Size
1,075 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BEG AT THE SE COR OF BLK B BICKLEY SUB, AS PER PLAT THEREOF REC IN PB 2 P 101 PRMCF, TH N 63.75 FT FOR POB, TH RUN W 101 FT, TH N 50 FT, THE E 101 FT, TH S 50 FT TO THE POB (OR 1397 PG 2283) PI#44614.0000/6
Legal Description
BEG AT THE SE COR OF BLK B BICKLEY SUB, AS PER PLAT THEREOF REC IN PB 2 P 101 PRMCF, TH N 63.75 FT FOR POB, TH RUN W 101 FT, TH N 50 FT, THE E 101 FT, TH S 50 FT TO THE POB (OR 1397 PG 2283) PI#44614.0000/6
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1950
Building materials
Block, Frame
Roof type
Shingle
Listing Agency:
WAGNER REALTY
(941) 955-1500
Listed By:
Austin Oakes · License #3631068
(646) 630-0923
Added: May 14
Changed: Aug 19
Last Checked: Aug 29 at 3:06PM
MLS# A4693700
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,075-square-foot duplex on a 0.12-acre lot includes a two-bedroom unit and a studio. The two-bedroom unit is leased, while the studio is vacant. The property was built in 1950 with block and frame construction, central air conditioning, electric heat, a shingle roof, and ceiling fans.
Located at 2014 10th Street W in Bradenton, the property carries R3A zoning and is served by public water and public sewer. The existing configuration provides two distinct residential units within a compact multifamily asset.
Located at 2014 10th Street W in Bradenton, the property carries R3A zoning and is served by public water and public sewer. The existing configuration provides two distinct residential units within a compact multifamily asset.
Key Highlights
- Two‑unit duplex with a two‑bedroom residence and studio
- 1,075 square feet on a 0.12‑acre lot
- Two‑bedroom unit is leased; studio is vacant
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,122
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$282,440
$282.4K
Cap Rate 7%
$201,743
$201.7K
Cap Rate 9%
$156,911
$156.9K
Market Conditions
NOI Build-Up for 1,075 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$21.3K $19.80/SF
− Vacancy
−$1.1K −$1.03/SF
EGI
$20.2K $18.77/SF
− OpEx
−$6.1K −$5.63/SF
NOI
$14.1K $13.14/SF
Area
Manatee County, FL
Vacancy
5.22%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$282,440
Cap Rate 7%
$201,743
Cap Rate 9%
$156,911
Alternative Uses
Best Use
Multifamily LT 5
$201.7K
$176.5K – $235.4K
NOI $14,122 @ 7.0% cap · market cap 4.35%
Second Best
Apartment 5plus
$185.8K
$162.6K – $216.8K
NOI $13,007 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$316.1K
$276.6K – $368.8K
NOI $22,129 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
892
Businesses Nearby
Explore this area
Business Placement
Demographics for 34205, FL
33,789
Population
16,610
Households
2
Avg Household Size
44
Median Age
24%
College-Educated
87%
High-School Grad
6.5 sq mi
ZIP Area
5,198
Density / Sq Mi
$51,170
Median Household Income
$37,037
Median Earnings
$1,323
Median Rent
$236,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with central air, public utilities, and tenant-paid utilities.
Where is this duplex located?
The property is located at 2014 10TH Street W Bradenton, FL.
What is the asking price?
The asking price for this property is $324,999.
What are key features of this property?
This property features: Two‑unit duplex with a two‑bedroom residence and studio; 1,075 square feet on a 0.12‑acre lot; Two‑bedroom unit is leased; studio is vacant
