New Construction
For Sale
$649,000
1414 17TH Avenue W, Bradenton, FL 34205
Residential Income, BRADENTON, FL
Property Size2,640 SF
Lot Size0.16 Acres
Price / SF$245.83
Days on Market12
Property Features for 1414 17TH Avenue W
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R2B
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 4, Family Room, Bedroom 4
Patio and Porch features
Porch
Interior features
Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Window Treatments
Exterior features
Fence, Rain Gutters, Sliding Doors
Fencing
Fenced
Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Subdivision
FAIRVIEW AVE PARK
Lot features
Landscaped, Level, Paved
Directions
From Sarasota, take US-41 N/Tamiami Trail to 14th St W. Head west on 14th St W, then turn right onto 17th St W. Continue to 1414 17th Ave W. Property on the right.
Standard status
Active
APN
4412300008
Size
2,640 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 17 BLK A FAIRVIEW AVE PARK ADD PI#44123.0000/8
Tax Annual Amount
829
Legal Description
LOT 17 BLK A FAIRVIEW AVE PARK ADD PI#44123.0000/8
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Floors in Building
1
Flooring type
Vinyl
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
RE/MAX ALLIANCE GROUP · RE/MAX International
(941) 758-7777
Listed By:
Joe Ebert · License #3296187
(941) 932-1487
Added: Aug 18
Changed: Aug 20
Last Checked: Aug 29 at 11:06AM
MLS# A4703039
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.
Built in 2026, this duplex contains two residential units totaling 2,640 square feet. Each side measures approximately 1,320 square feet and includes three bedrooms, two bathrooms, high ceilings, luxury vinyl flooring, and open living areas. Kitchens are appointed with quartz countertops, modern cabinetry, stainless steel appliances, and islands. Bathrooms include walk-in tile showers, contemporary vanities, and quartz countertops. Sliding glass doors connect each unit to its private outdoor area, while white vinyl fencing defines the exterior spaces.
The property is located at 1414 17TH Avenue W in Bradenton, near Downtown Bradenton, the Bradenton Riverwalk, LECOM Park, and the Village of the Arts. Public water and public sewer serve the property, which is zoned R2B. Additional features include central heating and cooling, a shingle roof, block and stucco construction, rain gutters, and covered porch areas.
The property is located at 1414 17TH Avenue W in Bradenton, near Downtown Bradenton, the Bradenton Riverwalk, LECOM Park, and the Village of the Arts. Public water and public sewer serve the property, which is zoned R2B. Additional features include central heating and cooling, a shingle roof, block and stucco construction, rain gutters, and covered porch areas.
Key Highlights
- Two‑unit duplex with 2,640 square feet of total property size
- Each unit offers approximately 1,320 square feet with 3 bedrooms and 2 bathrooms
- Built in 2026 with block and stucco construction
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
$34,680
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
5.34%
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%
$693,600
$693.6K
Cap Rate 7%
$495,429
$495.4K
Cap Rate 9%
$385,333
$385.3K
Market Conditions
NOI Build-Up for 2,640 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
$52.3K $19.80/SF
− Vacancy
−$2.7K −$1.03/SF
EGI
$49.5K $18.77/SF
− OpEx
−$14.9K −$5.63/SF
NOI
$34.7K $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%
$693,600
Cap Rate 7%
$495,429
Cap Rate 9%
$385,333
Alternative Uses
Best Use
Multifamily LT 5
$495.4K
$433.5K – $578.0K
NOI $34,680 @ 7.0% cap · market cap 5.34%
Second Best
Apartment 5plus
$456.3K
$399.3K – $532.4K
NOI $31,943 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$776.3K
$679.3K – $905.7K
NOI $54,344 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
874
Businesses Nearby
Explore this area
Business Placement
Demographics for 34205, FL
33,789
Population
16,610
Households
2
Avg Household Size
44
Median Age
24%
College-Educated
87%
High-School Grad
6.5 sq mi
ZIP Area
5,198
Density / Sq Mi
$51,170
Median Household Income
$37,037
Median Earnings
$1,323
Median Rent
$236,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two private residences feature contemporary interiors, fenced outdoor areas, and separate three-bedroom, two-bath layouts.
Where is this duplex located?
The property is located at 1414 17TH Avenue W Bradenton, FL.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,640 square feet of total property size; Each unit offers approximately 1,320 square feet with 3 bedrooms and 2 bathrooms; Built in 2026 with block and stucco construction
