Two-Unit
For Sale
$389,900
1031 30th Ave E, Bradenton, FL 34208
Residential duplex with two units and a substantial backyard.
Property Size2,256 SF
Price / SF$172.83
Days on Market52
Property Features for 1031 30th Ave E
General Information
Standard status
Active
Size
2,256 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1979
Listing Agency:
NAVARRO & ASSOCIATES REAL ESTATE SERVICES
Listed By:
Angeles Navarro
(941) 713-3466
Source:
Whitesandsfl
Added: Aug 21
Changed: Sep 26
Last Checked: Oct 7 at 1:04PM
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 NAVARRO & ASSOCIATES REAL ESTATE SERVICES
Investment Insights
Based on property information with market context.
This residential duplex contains two units within approximately 2,256 square feet. The property includes three bedrooms and two bathrooms, along with a backyard area.
Located at 1031 30th Ave E in Bradenton, Florida, the property is offered for sale as a duplex configuration.
Located at 1031 30th Ave E in Bradenton, Florida, the property is offered for sale as a duplex configuration.
Key Highlights
- Two‑unit duplex configuration
- Approximately 2,256 square feet
- Three bedrooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,636
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$592,720
$592.7K
Cap Rate 7%
$423,371
$423.4K
Cap Rate 9%
$329,289
$329.3K
Market Conditions
NOI Build-Up for 2,256 SF
Gross rent
$44.7K $19.80/SF
− Vacancy
−$2.3K −$1.03/SF
EGI
$42.3K $18.77/SF
− OpEx
−$12.7K −$5.63/SF
NOI
$29.6K $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 Rate 5%
$592,720
Cap Rate 7%
$423,371
Cap Rate 9%
$329,289
Alternative Uses
Best Use
Multifamily LT 5
$423.4K
$370.5K – $493.9K
NOI $29,636 @ 7.0% cap · market cap 7.60%
Second Best
Apartment 5plus
$390.0K
$341.2K – $455.0K
NOI $27,297 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$663.4K
$580.5K – $774.0K
NOI $46,439 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
507
Businesses Nearby
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Business Placement
Demographics for 34208, FL
38,522
Population
17,056
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
80%
High-School Grad
16.5 sq mi
ZIP Area
2,335
Density / Sq Mi
$59,899
Median Household Income
$37,489
Median Earnings
$1,409
Median Rent
$303,600
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 - Residential duplex with two units and a substantial backyard.
Where is this duplex located?
The property is located at 1031 30th Ave E Bradenton, FL.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Two‑unit duplex configuration; Approximately 2,256 square feet; Three bedrooms and two bathrooms
