Remodeled Duplex Income
1339 13TH W STREET Bradenton, FL 34205
1339 13TH W STREET, Bradenton, FL, 34205
$375,000
Pending
For Sale
$375,000
Pending
Completely remodeled duplex with two rental units connected by a breezeway, each updated with modern finishes and systems.
Property Size1,675 SF
Days on Market494
Property Features for 1339 13TH W STREET
General Information
- Standard status
- Pending
- Size
- 1,675 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1947
Listing agency
COMPASS FLORIDA LLC
(941) 539-7253
Listed by
Zach Steinberger · License #3438328
(941) 539-7253
Source
Exitrealty
Added: Mar 15, 2025 Updated: Jul 21 at 3:52AM Checked: Jul 21 at 3:52AM
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 COMPASS FLORIDA LLC
Investment Insights
Based on property information with market context.
This completely remodeled duplex offers two income-producing units connected by a breezeway. The front unit features 2 bedrooms and 1 bathroom, and the back unit features 1 bedroom and 1 bathroom. Updates include stainless steel appliances, quartz countertops with a waterfall edge, refinished hardwood floors, and remodeled bathrooms.
The property also received significant exterior and major systems improvements, including a newer roof, fascia and soffits, and newer windows. Plumbing, electrical, and HVAC have been recently updated as well.
The duplex presents a straightforward layout for a two-unit rental configuration, supported by the extensive interior renovation and recent improvements to the building’s core systems.
The property also received significant exterior and major systems improvements, including a newer roof, fascia and soffits, and newer windows. Plumbing, electrical, and HVAC have been recently updated as well.
The duplex presents a straightforward layout for a two-unit rental configuration, supported by the extensive interior renovation and recent improvements to the building’s core systems.
Key Highlights
- Completely remodeled duplex (built 1947) with two rental units connected by a breezeway.
- Front unit: 2 bed, 1 bath, updated with stainless steel appliances, quartz countertops (waterfall edge), and refinished hardwood floors.
- Back unit: 1 bed, 1 bath, updated with stainless steel appliances, quartz countertops (waterfall edge), and remodeled bathroom.
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 | $33.2k | $19.80 |
| − Vacancy | −$1.7k | −$1.03 |
| EGI | $31.4k | $18.77 |
| − OpEx | −$9.4k | −$5.63 |
| NOI | $22.0k | $13.14 |
1,675 SF · lease $19.80/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$314.3K
$275.1K – $366.7K
NOI $22,004 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$289.5K
$253.3K – $337.8K
NOI $20,267 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$492.6K
$431.0K – $574.7K
NOI $34,480 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Completely remodeled duplex with two rental units connected by a breezeway, each updated with modern finishes and systems.
Where is this duplex located?
The property is located at 1339 13TH W STREET Bradenton, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Completely remodeled duplex (built 1947) with two rental units connected by a breezeway.; Front unit: 2 bed, 1 bath, updated with stainless steel appliances, quartz countertops (waterfall edge), and refinished hardwood floors.; Back unit: 1 bed, 1 bath, updated with stainless steel appliances, quartz countertops (waterfall edge), and remodeled bathroom.
