Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    408 60Th Avenue Dr W Bradenton, FL 34207

    Sponsored
    For Sale
    Pending
    $339,000

    Duplex - BRADENTON, FL

    Type:Duplex
    Property size:
    1,456 SF
    Lot size:
    0.21 Acres
    Days on Market:
    38
    Last Refresh:
    Jan 30 at 9:06 pm

    Property Features for 408 60Th Avenue Dr W

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Pending
    Zoning
    RDD6
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    6016900000
    Interior features
    Ninguno
    Size
    1,456 SF
    Lot size
    0.21 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1978
    Number of units
    2
    Building materials
    Block, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Crystal Hobbs

    GULF SANDS REALTY (941) 343-7275

    Listing agent Crystal Hobbs (941) 343-7275 License #3626940

    Listing date Dec 24, 2025

    MLS# A4670211 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.

    Learn more

    Property Insight Report

    Overview

    Bradenton Duplex: Income Opportunity

    This income-producing duplex is located in central Bradenton. Each unit features 2 bedrooms and 1 bathroom, with separate electric and water meters. The electrical panels have been upgraded for insurance compliance. Both units are currently occupied, providing immediate rental income. The property is being sold as-is, presenting an opportunity for investors seeking a turnkey addition to their portfolio. Conveniently located near US-41, Cortez Road, and SR-70, residents have quick access to shopping, dining, public transportation, IMG Academy, local schools, and area beaches. The property is zoned RDD6 and has a lot size of 0.21 acres. The property size is 1456 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.566118
    Latitude
    27.433958

    Nearby Similar for Sale

    • $1,099,000
      2,710 SF

      Renovated Bradenton Triplex Investment Property

      Fully renovated triplex in Bradenton's Riverview District, ideal for short-term rentals.
      2713 4Th Ave W, Bradenton, FL 34205
      View Details
    • $1,095,000
      2,204 SF

      Renovated Duplex Near Anna Maria Island

      Income-producing duplex near beaches, shopping, dining, and entertainment.
      4503-4505 102Nd St W, Bradenton, FL 34210
      View Details
    • $6,400,000
      15.98 Acres

      16-Acre Ranch in Bradenton, FL

      16-acre mixed-zoning land with income-generating potential near Lakewood Ranch.
      21552 E State Road 64, Bradenton, FL 34212
      View Details
    • $6,400,000
      15.98 Acres

      16-Acre Ranch in Bradenton, FL

      Mixed-zoning land with income-generating potential near Lakewood Ranch.
      21552 E State Road 64, Bradenton, FL 34212
      View Details
    • New
      $526,000
      3,385 SF

      Bradenton Triplex with Income Potential

      Turn-key triplex in Bradenton with income and equity potential.
      1706 4Th Ave E, Bradenton, FL 34208
      View Details
    • $699,000
      2,895 SF

      Mixed-Use Building in Bradenton

      2,895 sq ft commercial building in Bradenton's Sarasota district.
      1834 Tamiami Trl, Bradenton, FL 34205
      View Details
    • $850,000
      2,380 SF

      Renovated Triplex Near Manatee River

      Fully renovated triplex near Manatee River with strong rental potential.
      1840 3Rd Ave E, Bradenton, FL 34208
      View Details
    • $375,000
      Pending

      Bradenton Live-Work Duplex Near Stadium

      Live/work property in arts district near LECOM Park.
      1019 10Th Ave W, Bradenton, FL 34205
      View Details
    • $375,000
      Pending

      Village Arts District Live/Work Property

      Live/work property in Bradenton's Village of the Arts district.
      1019 10Th Ave W, Bradenton, FL 34205
      View Details
    • $335,000
      1,042 SF

      Historic Bradenton Cottage: Live/Work Potential

      Charming 1930s bungalow in Village of the Arts, zoned BR_T4-R.
      1006 11Th Ave W, Bradenton, FL 34205
      View Details
    • New
      $475,000
      1,838 SF

      Income-Producing Triplex in West Bradenton

      Triplex in West Bradenton with income potential and recent updates.
      1414 17Th St W, Bradenton, FL 34205
      View Details
    • $370,000
      Pending

      Bradenton Duplex with Investment Potential

      Spacious duplex in prime location, ideal for living or investment.
      2008 20Th Street Ct W, Bradenton, FL 34205
      View Details

    FAQs

    What type of property is this?
    Duplex - Income-producing duplex in central Bradenton, near shopping and beaches.
    Where is this duplex located?
    The property is located at 408 60Th Avenue Dr W Bradenton, FL.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: - Immediate rental income from two occupied units.; - Each unit has separate electric and water meters.; - Upgraded electrical panels for insurance compliance.
    (941) 557-4873
    Request Owner's contact information
    408 60Th Avenue Dr W Bradenton, FL 34207
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    408 60Th Avenue Dr W
    Bradenton, FL 34207
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    408 60Th Avenue Dr W Bradenton, FL 34207
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Crystal Hobbs
    Real Estate License ID: 3626940
    (941) 557-4873
    Learn more
    Google sign-in failed. Please try again or use another login method.