Updated Duplex with Screened
For Sale
Under Contract
$294,900
5719 14TH Street E, Bradenton, FL 34203
Residential Income, BRADENTON, FL
Property Size978 SF
Lot Size0.16 Acres
Price / SF$301.53
Days on Market67
Property Features for 5719 14TH Street E
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RSF6
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1
Pets allowed
Yes
Interior features
Eat-in Kitchen
Exterior features
Fence
Fencing
Fenced
Appliances
Electric Water Heater
Subdivision
ACREAGE & UNREC
Elementary school
Oneco Elementary
Middle school
W.D. Sugg Middle
High school
Bayshore High
Directions
From the intersection of SR-70 and 15th Street East/301 Blvd E. Head south on 15th Street East/301 Blvd E. Turn right onto 57th Ave East. Turn left onto 14th Street East. Destination will be on your left at 5719 14th Street East.
Standard status
Active Under Contract
APN
5810300003
Size
978 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BEG AT A PT 260 FT E OF NW COR NE1/4 OF NE1/4 OF SE1/4 SEC 13, THENCE S 255 FT TO POB, THENCE S 75 FT; E 100 FT,THENCE N 75 FT, THENCE W 100 FT TO POB, LESS W 10 FT FOR D/W P-50-S PI#58103.0000/3
Tax Annual Amount
2998
Legal Description
BEG AT A PT 260 FT E OF NW COR NE1/4 OF NE1/4 OF SE1/4 SEC 13, THENCE S 255 FT TO POB, THENCE S 75 FT; E 100 FT,THENCE N 75 FT, THENCE W 100 FT TO POB, LESS W 10 FT FOR D/W P-50-S PI#58103.0000/3
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
screened lanai
fenced yard
Building Details
Year built
1949
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic
Building materials
Stucco, Frame
Roof type
Shingle
Listing Agency:
CHARLES RUTENBERG REALTY INC
(727) 538-9200
Listed By:
Mark Hartman · License #3111305
(727) 643-4508
Added: Jul 7
Changed: Sep 3
Last Checked: Sep 11 at 4:06PM
MLS# TB8526672
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 duplex contains 978 square feet and was built in 1949, with two bathrooms and three bedrooms identified in the property record. Both units feature ceramic tile flooring, screened-in lanais, central HVAC, and driveway parking for 1-2 cars per side. The building has a shingle roof, stucco and frame construction, public water, and public sewer. A fenced backyard adds private outdoor space, while an eat-in kitchen and electric water heater are also included.
Unit-B has received a kitchen renovation with new cabinetry, oven/range, stainless steel refrigerator, quartz countertops, sink, faucet, and tile flooring. Its bathroom includes a resurfaced shower and newer commode, and the lanai has new paint and ceramic tile. The exterior stucco was recently painted, and the property is zoned RSF6. Current leases are assignable, with 2025-26 rent rolls available on request.
Unit-B has received a kitchen renovation with new cabinetry, oven/range, stainless steel refrigerator, quartz countertops, sink, faucet, and tile flooring. Its bathroom includes a resurfaced shower and newer commode, and the lanai has new paint and ceramic tile. The exterior stucco was recently painted, and the property is zoned RSF6. Current leases are assignable, with 2025-26 rent rolls available on request.
Key Highlights
- Two‑unit duplex with 978 square feet and a 1949 construction date
- Unit‑B kitchen updated with new cabinetry, appliances, quartz countertops, fixtures, and tile flooring
- Central HVAC systems serve both sides; newer roof noted
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
$12,848
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
4.36%
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%
$256,960
$257.0K
Cap Rate 7%
$183,543
$183.5K
Cap Rate 9%
$142,756
$142.8K
Market Conditions
NOI Build-Up for 978 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
$19.4K $19.80/SF
− Vacancy
−$1.0K −$1.03/SF
EGI
$18.4K $18.77/SF
− OpEx
−$5.5K −$5.63/SF
NOI
$12.8K $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%
$256,960
Cap Rate 7%
$183,543
Cap Rate 9%
$142,756
Alternative Uses
Best Use
Multifamily LT 5
$183.5K
$160.6K – $214.1K
NOI $12,848 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$169.1K
$147.9K – $197.2K
NOI $11,834 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$287.6K
$251.7K – $335.5K
NOI $20,132 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
682
Businesses Nearby
Explore this area
Business Placement
Demographics for 34203, FL
39,853
Population
20,709
Households
1.9
Avg Household Size
48
Median Age
26%
College-Educated
87%
High-School Grad
15.5 sq mi
ZIP Area
2,571
Density / Sq Mi
$68,030
Median Household Income
$39,829
Median Earnings
$1,437
Median Rent
$302,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with ceramic tile flooring, fenced outdoor space, and central HVAC serving both residences.
Where is this duplex located?
The property is located at 5719 14TH Street E Bradenton, FL.
What is the asking price?
The asking price for this property is $294,900.
What are key features of this property?
This property features: Two‑unit duplex with 978 square feet and a 1949 construction date; Unit‑B kitchen updated with new cabinetry, appliances, quartz countertops, fixtures, and tile flooring; Central HVAC systems serve both sides; newer roof noted
