New Construction Duplex with Fenced
For Sale
$649,000
1414 17TH AVENUE W #A&B, Bradenton, FL 34205
Two modern three-bedroom residences feature open interiors, quartz kitchens, private outdoor areas, and contemporary baths.
Property Size2,640 SF
Price / SF$245.83
Days on Market12
Property Features for 1414 17TH AVENUE W #A&B
General Information
Standard status
Active
Size
2,640 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Amenities
0.16 acres, Landscaped, Level, Paved
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 4412300008, Public Survey Range: 17, Public Survey Section: 35, Annual Amount: $829.35, Tax Block: A, Legal Description: LOT 17 BLK A FAIRVIEW AVE PARK ADD PI#44123.0000/8, Lot: 17, Year: 2025, Zoning: R2B
Luxury Vinyl
Central Air
Central
Inside
Listing ID: MFRA4703039, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-08-18, 2 days on market, Special Conditions: None
6 total bedrooms
Built in 2026, Living area: 2640, Living area units: Square Feet, Levels: One, Construction Materials: Block, Stucco
Subdivision: FAIRVIEW AVE PARK, MLS Area (Major): 34205 - Bradenton, County/Parish: Manatee
Completed, Trees/Woods
4 total bathrooms
BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Source: Public
Slab
Road Surface: Asphalt, Concrete
Patio/Porch Features: Covered, Front Porch, Porch, Fence, Rain Gutters, Sliding Doors
Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Window Treatments
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Building Details
Year Built
2026
Buildings
1
Listing Agency:
RE/MAX ALLIANCE GROUP
(941) 758-7777
Listed By:
Joe Ebert · License #3296187
Source:
Miharaandassociates
Added: Aug 18
Changed: Aug 28
Last Checked: Aug 28 at 12:43PM
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 RE/MAX ALLIANCE GROUP
Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains two separate residences of approximately 1,320 square feet each. Both units offer three bedrooms and two bathrooms, with open living areas, high ceilings, luxury vinyl flooring, and sliding glass doors leading to private outdoor spaces. Interior finishes include quartz countertops, contemporary cabinetry, stainless steel appliances, and kitchen islands. The bathrooms are appointed with walk-in tile showers, modern vanities, and quartz surfaces. White vinyl fencing encloses the property and separates the outdoor areas for each residence.
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. Shopping, dining, entertainment, recreation, and other local amenities are accessible from the surrounding area. The total configuration provides 6 bedrooms and 4 bathrooms across approximately 2,640 square feet.
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. Shopping, dining, entertainment, recreation, and other local amenities are accessible from the surrounding area. The total configuration provides 6 bedrooms and 4 bathrooms across approximately 2,640 square feet.
Key Highlights
- Two‑unit duplex completed in 2026
- Each residence measures approximately 1,320 square feet
- Both units include 3 bedrooms and 2 bathrooms
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 modern three-bedroom residences feature open interiors, quartz kitchens, private outdoor areas, and contemporary baths.
Where is this duplex located?
The property is located at 1414 17TH AVENUE W #A&B 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 completed in 2026; Each residence measures approximately 1,320 square feet; Both units include 3 bedrooms and 2 bathrooms
