Income Duplex with Studio
1416 19th Ave W Bradenton, FL 34205
New
1416 19th Ave W, Bradenton, FL, 34205
$334,595
For Sale
$334,595
Duplex offers flexible unit configurations and remodeled bathrooms, with a shared laundry area and fenced yard.
Property Size1,147 SF
Price / SF$291.71
Days on Market2
Property Features for 1416 19th Ave W
General Information
- Standard status
- Active
- Size
- 1,147 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1947
Listing agency
COLDWELL BANKER REALTY
(941) 773-1717
Listed by
Angel Cookie Hill · License #3236895
Source
Whitesandsfl
Added: Jul 21 Updated: Jul 22 at 11:03AM Checked: Jul 22 at 11:03AM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This duplex provides flexible rental configuration options, with the ability to set up as a 2-bedroom/1-bath arrangement plus a separate studio apartment, or as two 1-bedroom/1-bath units. Both bathrooms have been completely remodeled, and the shared laundry area is located between the units for convenient tenant access. Additional exterior utility includes a fenced yard.
The property is located just steps from Flamingo Bay Brewing Company and within reach of grocery stores, a bus line, downtown Bradenton, shopping, and restaurants. The public remarks also note that the beaches are less than 20 minutes away.
Recent improvements include a new roof installed in 2020 and new air conditioning that is approximately three years old. The duplex is described as ready for new tenants.
The property is located just steps from Flamingo Bay Brewing Company and within reach of grocery stores, a bus line, downtown Bradenton, shopping, and restaurants. The public remarks also note that the beaches are less than 20 minutes away.
Recent improvements include a new roof installed in 2020 and new air conditioning that is approximately three years old. The duplex is described as ready for new tenants.
Key Highlights
- Duplex built in 1947 with flexible income options: configure as 2BR/1BA plus a studio, or (2) 1BR/1BA units
- Both bathrooms have been completely remodeled
- New roof installed in 2020
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 | $22.7k | $19.80 |
| − Vacancy | −$1.2k | −$1.03 |
| EGI | $21.5k | $18.77 |
| − OpEx | −$6.5k | −$5.63 |
| NOI | $15.1k | $13.14 |
1,147 SF · lease $19.80/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$215.3K
$188.4K – $251.1K
NOI $15,068 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$198.3K
$173.5K – $231.3K
NOI $13,878 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$337.3K
$295.1K – $393.5K
NOI $23,611 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex offers flexible unit configurations and remodeled bathrooms, with a shared laundry area and fenced yard.
Where is this duplex located?
The property is located at 1416 19th Ave W Bradenton, FL.
What is the asking price?
The asking price for this property is $334,595.
What are key features of this property?
This property features: Duplex built in 1947 with flexible income options: configure as 2BR/1BA plus a studio, or (2) 1BR/1BA units; Both bathrooms have been completely remodeled; New roof installed in 2020
