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Income-Producing Duplex with Fenced Lot

2804 52ND AVENUE DRIVE W Bradenton, FL 34207

2804 52ND AVENUE DRIVE W, Bradenton, FL, 34207
$430,000
Pending
For Sale
Claim this Listing
$430,000
Pending

Duplex - BRADENTON, FL

Property Size1,484 SF
Lot Size0.23 Acres
AddedMay 12
Days on Market65
Last RefreshJul 15 at 3:06 pm

Property Features for 2804 52ND AVENUE DRIVE W

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RDD6
Bedrooms
4
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Parking features
Carport
Interior features
Window Treatments
Exterior features
Fence
Fencing
Fenced
Standard status
Pending
APN
5268800009
Size
1,484 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
5224

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1973
Number of units
2
Flooring type
Tile, Tile - Ceramic
Building materials
Frame
Roof type
Shingle
Architectural style
Other

Listing agent Sonia Crespo Ballesteros License #3331645

Listing office LPT REALTY, LLC 1400 South International Parkw, Lake Mary, FL

Listing date May 12, 2026

MLS# S5149870 Listing URL

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 income-producing duplex in Bradenton presents a straightforward, two-unit layout with both sides currently rented. Each unit includes newer kitchens, updated bathrooms, tile flooring throughout, and updated A/C. Residents also have the benefit of carports and convenient laundry closets. Ownership is supported by meaningful recent improvements, including a new roof installed in 2024, fresh exterior paint, and updated mechanicals with A/C dated 2022. Water heaters are listed as 2019 and 2021, adding to the property’s overall operational reliability. The duplex sits on a large fenced lot, providing an enclosed outdoor space for tenants.

The property is offered with no HOA and is zoned RDD6, giving buyers a clear framework for use as a duplex. The address at 2804 52ND AVENUE DRIVE W places the home near shopping, dining, beaches, and major roadways, supporting day-to-day convenience for tenants and owner-occupants.

For tenants, this configuration offers independent living across two units with in-home laundry storage and covered parking. For buyers, the current tenant occupancy can provide immediate rental income. It may also suit an owner-occupant who wants to live in one unit while collecting rent from the second, subject to qualification and lease terms.

Key Highlights

  • Duplex in Bradenton with both units currently rented and no HOA
  • New roof installed in 2024 plus fresh exterior paint
  • Each unit features newer kitchens, updated bathrooms, and tile flooring throughout

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $29.4k $19.80
− Vacancy −$1.5k −$1.03
EGI $27.8k $18.77
− OpEx −$8.4k −$5.63
NOI $19.5k $13.14
1,484 SF · lease $19.80/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$278.5K
$243.7K – $324.9K (±1% cap)
NOI $19,495 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$256.5K
$224.5K – $299.3K (±1% cap)
NOI $17,956 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$436.4K
$381.9K – $509.1K (±1% cap)
NOI $30,548 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Plumbing Service (Bike/Boat/Book/etc) Store Florist Tech Support Center (Bike/Boat/Book/etc) Store Home Appliance Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex on a fenced lot with both units rented, offering a turnkey income stream.
Where is this duplex located?
The property is located at 2804 52ND AVENUE DRIVE W Bradenton, FL.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Duplex in Bradenton with both units currently rented and no HOA; New roof installed in 2024 plus fresh exterior paint; Each unit features newer kitchens, updated bathrooms, and tile flooring throughout
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