Side-by-Side Duplex with Private
1004 27TH AVENUE W Bradenton, FL 34205
For Sale
$399,000
Two side-by-side units each have private entrances, spacious living areas, and full kitchens.
Property Size900 SF
Price / SF$443.33
Days on Market19
Property Features for 1004 27TH AVENUE W
General Information
- Standard status
- Active
- Size
- 900 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1954
Listing Agency:
MICHAEL SAUNDERS & COMPANY
(941) 388-4447
Listed By:
Rachelle Golden · License #3151050
Source:
Miharaandassociates
Added: Jul 7
Changed: Jul 24
Last Checked: Jul 25 at 11:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MICHAEL SAUNDERS & COMPANY
Investment Insights
Based on property information with market context.
This side-by-side duplex offers two separate units with private entrances, spacious living areas, and full kitchens. Unit A is configured with two bedrooms and two bathrooms, while Unit B features two bedrooms and one full bathroom. The current owner has not rented the units, allowing the next owner the option to begin rental operations immediately.
The property includes ample parking and benefits from a rear portion of the lot currently being utilized by a neighboring auto shop for vehicle parking. The expansive rear lot may support future development concepts, including potential expansion of the existing duplex or construction of additional units; any future development would require independent verification of zoning, permitting, and approvals with the appropriate county authorities.
The location provides convenient access to shopping, restaurants, Gulf Coast beaches, schools, medical facilities, and major roadways, and is also near LECOM Park, the Spring Training home of the Pittsburgh Pirates.
The property includes ample parking and benefits from a rear portion of the lot currently being utilized by a neighboring auto shop for vehicle parking. The expansive rear lot may support future development concepts, including potential expansion of the existing duplex or construction of additional units; any future development would require independent verification of zoning, permitting, and approvals with the appropriate county authorities.
The location provides convenient access to shopping, restaurants, Gulf Coast beaches, schools, medical facilities, and major roadways, and is also near LECOM Park, the Spring Training home of the Pittsburgh Pirates.
Key Highlights
- Side‑by‑side duplex built in 1954 with two private entrances for each unit.
- Unit A: 2 bedrooms and 2 bathrooms with a full kitchen and spacious living area.
- Unit B: 2 bedrooms and 1 full bathroom with a full kitchen and spacious living area.
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 | $17.8k | $19.80 |
| − Vacancy | −$930 | −$1.03 |
| EGI | $16.9k | $18.77 |
| − OpEx | −$5.1k | −$5.63 |
| NOI | $11.8k | $13.14 |
900 SF · lease $19.80/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$168.9K
$147.8K – $197.1K
NOI $11,823 @ 7.0% cap · market cap 2.96%
Second Best
Apartment 5plus
$155.6K
$136.1K – $181.5K
NOI $10,890 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$264.7K
$231.6K – $308.8K
NOI $18,526 @ 7.0% cap · market cap 4.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two side-by-side units each have private entrances, spacious living areas, and full kitchens.
Where is this duplex located?
The property is located at 1004 27TH AVENUE W Bradenton, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Side‑by‑side duplex built in 1954 with two private entrances for each unit.; Unit A: 2 bedrooms and 2 bathrooms with a full kitchen and spacious living area.; Unit B: 2 bedrooms and 1 full bathroom with a full kitchen and spacious living area.
