Updated Two-Unit
For Sale
$450,000
7914 43RD W AVENUE, Bradenton, FL 34209
Two residential units feature separate living areas, fenced outdoor space, and extensive improvements to one side.
Property Size1,484 SF
Lot Size0.19 Acres
Price / SF$303.23
Days on Market571
Property Features for 7914 43RD W AVENUE
General Information
Standard status
Active
Size
1,484 SF
Lot size
0.19 Acres
Property subtype
Multi Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,736
Amenities
fenced-in backyard
Building Details
Year Built
1973
Buildings
1
Listing Agency:
YOUNG REAL ESTATE
(407) 904-0069
Listed By:
Paul Fournier · License #3581982
(941) 713-3702
Source:
Exitrealty
Added: Mar 23, 2025
Changed: Sep 2
Last Checked: Sep 15 at 4:54AM
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 YOUNG REAL ESTATE
Investment Insights
Based on property information with market context.
This 1,484-square-foot duplex contains two residential units, each arranged with two bedrooms and one bathroom. The west-side residence has a permitted new AC system, updated kitchen and bath finishes, new appliances, luxury vinyl plank flooring in both bedrooms, fresh interior paint, new lighting, window blinds, and custom-textured ceilings. Improvements also include a new roof installed in January 2024. The other unit has a replaced refrigerator, a new bathroom vanity and mirrored medicine cabinet, and a well-maintained AC system.
The property sits on an 8,398-square-foot lot with a fenced backyard and a view of Palma Sola Park. It is approximately seven minutes from Anna Maria Island and provides access to local amenities, schools, and recreational areas. The 7914 unit is occupied on a month-to-month basis and is entering its ninth year of occupancy. Showings are by appointment only.
The property sits on an 8,398-square-foot lot with a fenced backyard and a view of Palma Sola Park. It is approximately seven minutes from Anna Maria Island and provides access to local amenities, schools, and recreational areas. The 7914 unit is occupied on a month-to-month basis and is entering its ninth year of occupancy. Showings are by appointment only.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,484 square feet on an 8,398‑square‑foot lot
- New roof installed in January 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,495
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,900
$389.9K
Cap Rate 7%
$278,500
$278.5K
Cap Rate 9%
$216,611
$216.6K
Market Conditions
NOI Build-Up for 1,484 SF
Gross rent
$29.4K $19.80/SF
− Vacancy
−$1.5K −$1.03/SF
EGI
$27.8K $18.77/SF
− OpEx
−$8.4K −$5.63/SF
NOI
$19.5K $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%
$389,900
Cap Rate 7%
$278,500
Cap Rate 9%
$216,611
Alternative Uses
Best Use
Multifamily LT 5
$278.5K
$243.7K – $324.9K
NOI $19,495 @ 7.0% cap · market cap 4.33%
Second Best
Apartment 5plus
$256.5K
$224.5K – $299.3K
NOI $17,956 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$436.4K
$381.9K – $509.1K
NOI $30,548 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
Explore this area
Business Placement
Demographics for 34209, FL
32,940
Population
18,896
Households
1.7
Avg Household Size
58
Median Age
36%
College-Educated
93%
High-School Grad
12.6 sq mi
ZIP Area
2,614
Density / Sq Mi
$80,829
Median Household Income
$41,649
Median Earnings
$1,847
Median Rent
$357,300
Median Home Value
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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 residential units feature separate living areas, fenced outdoor space, and extensive improvements to one side.
Where is this duplex located?
The property is located at 7914 43RD W AVENUE Bradenton, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,484 square feet on an 8,398‑square‑foot lot; New roof installed in January 2024
