Furnished Triplex with
For Sale
$1,099,000
2713 4TH Avenue W, Bradenton, FL 34205
Residential Income, BRADENTON, FL
Property Size2,710 SF
Lot Size0.20 Acres
Price / SF$405.54
Days on Market590
Property Features for 2713 4TH Avenue W
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
BR_UCC
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 3, Bathroom 2, Bathroom 4, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 3
Patio and Porch features
Deck, Porch
Pets allowed
Yes
Interior features
Ceiling Fans(s), Dry Bar, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets
Exterior features
Balcony, Courtyard, Lighting, Outdoor Grill, Private Mailbox
Subdivision
ALFRED TALLANT PLAT
Directions
West on Manatee Ave from Downtown Bradenton. Right onto 27th St W. Right onto 4th Ave W. Main Single Family home will be located on your left with Duplex to the south of the home. There is an alleyway with parking by the Duplex as well.
Standard status
Active
APN
3453100059
Size
2,710 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 4 ALFRED TALLANT SUB:TOGETHER WITH THE FOLLOWING DESC PARCEL: BEG AT THE NW COR OF LOT 45, RIVERVIEW SUBDIV AS REC IN PB 1 PG 206 PRMCF; TH S 00 DEG 02 MIN 50 SEC W, ALG THE W
Tax Annual Amount
9126
Legal Description
LOT 4 ALFRED TALLANT SUB:TOGETHER WITH THE FOLLOWING DESC PARCEL: BEG AT THE NW COR OF LOT 45, RIVERVIEW SUBDIV AS REC IN PB 1 PG 206 PRMCF; TH S 00 DEG 02 MIN 50 SEC W, ALG THE W
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
shared courtyard
covered storage
Building Details
Year built
1946
Number of units
3
Building materials
HardiPlank Type, Frame
Roof type
Shingle
Listing Agency:
COLDWELL BANKER REALTY
(941) 383-6411
Listed By:
Matthew Huffman · License #3546745
(941) 567-9365
Added: Jan 16, 2025
Changed: Aug 20
Last Checked: Aug 29 at 10:06AM
MLS# A4636303
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 renovated triplex combines a three-bedroom, two-bathroom main residence with two duplex apartments configured as one-bedroom/one-bathroom and two-bedroom/one-bathroom units. The property contains 2,710 square feet on a 0.2-acre lot and is offered fully furnished. Interior improvements include open-concept living areas, updated kitchens, luxury plank flooring, stylish bathrooms, solid wood cabinets, ceiling fans, and central air. The main residence also features a farmhouse sink, butcher block island, concrete countertops, a custom range hood with pot filler, and a mudroom.
Outdoor features include a shared courtyard, deck, porch, balcony, outdoor grill, covered storage suitable for RVs, boats, or trailers, and ample parking. Public water and public sewer serve the property, which was built in 1946 and has BR_UCC zoning. There are no HOA or rental restrictions. The property is near Robinson Preserve, De Soto National Memorial, Palma Sola Bay, Warner's Bayou Boat Ramp, and downtown Bradenton, with Anna Maria Island and the Gulf of Mexico within a short drive or boat ride.
Outdoor features include a shared courtyard, deck, porch, balcony, outdoor grill, covered storage suitable for RVs, boats, or trailers, and ample parking. Public water and public sewer serve the property, which was built in 1946 and has BR_UCC zoning. There are no HOA or rental restrictions. The property is near Robinson Preserve, De Soto National Memorial, Palma Sola Bay, Warner's Bayou Boat Ramp, and downtown Bradenton, with Anna Maria Island and the Gulf of Mexico within a short drive or boat ride.
Key Highlights
- Three‑unit configuration: 3‑bedroom/2‑bath main home, 1‑bedroom/1‑bath unit, and 2‑bedroom/1‑bath unit
- 2,710 square feet on a 0.2‑acre lot
- Fully furnished with renovated interiors and updated kitchens
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
$35,600
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
3.24%
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%
$712,000
$712.0K
Cap Rate 7%
$508,571
$508.6K
Cap Rate 9%
$395,556
$395.6K
Market Conditions
NOI Build-Up for 2,710 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
$53.7K $19.80/SF
− Vacancy
−$2.8K −$1.03/SF
EGI
$50.9K $18.77/SF
− OpEx
−$15.3K −$5.63/SF
NOI
$35.6K $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%
$712,000
Cap Rate 7%
$508,571
Cap Rate 9%
$395,556
Alternative Uses
Best Use
Multifamily LT 5
$508.6K
$445.0K – $593.3K
NOI $35,600 @ 7.0% cap · market cap 3.24%
Second Best
Apartment 5plus
$468.4K
$409.9K – $546.5K
NOI $32,790 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$796.9K
$697.3K – $929.8K
NOI $55,785 @ 7.0% cap · market cap 5.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
896
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Renovated three-unit property with separate entrances, flexible occupancy options, and furnished interiors throughout.
Where is this triplex located?
The property is located at 2713 4TH Avenue W Bradenton, FL.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Three‑unit configuration: 3‑bedroom/2‑bath main home, 1‑bedroom/1‑bath unit, and 2‑bedroom/1‑bath unit; 2,710 square feet on a 0.2‑acre lot; Fully furnished with renovated interiors and updated kitchens
