Duplex with Flexible Unit
For Sale
$334,595
1416 19TH Avenue W, Bradenton, FL 34205
Residential Income, BRADENTON, FL
Property Size1,147 SF
Lot Size0.14 Acres
Price / SF$291.71
Days on Market340
Property Features for 1416 19TH Avenue W
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2B
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
Interior features
Ceiling Fans(s), Thermostat
Exterior features
Fence
Fencing
Fenced
Subdivision
SHARP & TURNERS ADD TO BRADENTON
Elementary school
Ballard Elementary
Middle school
Martha B. King Middle
High school
Southeast High
Directions
Take US-41 BUS S to 8th Ave W. Turn right onto 8th Ave W. Turn left onto 14th St W/S Tamiami Trl. Turn right onto 19th Ave W. Duplex will be on the right.
Standard status
Active
APN
4448400004
Size
1,147 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 14 BLK A SHARP & TURNER ADD PI#44484.0000/4
Tax Annual Amount
3280
Legal Description
LOT 14 BLK A SHARP & TURNER ADD PI#44484.0000/4
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Window Unit(s), Wall/Window Unit(s)
Water source
Public
Amenities
shared laundry area
fenced yard
Building Details
Year built
1947
Number of units
2
Building materials
Stucco
Roof type
Shingle
Listing Agency:
COLDWELL BANKER REALTY
(813) 286-6563
Listed By:
Angel Cookie Hill · License #3236895
(941) 773-1717
Added: Sep 24, 2025
Changed: Aug 19
Last Checked: Aug 29 at 10:06AM
MLS# TB8430840
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.
This 1,147-square-foot duplex, built in 1947, offers two possible configurations: a two-bedroom, one-bath residence with a separate studio, or two one-bedroom, one-bath units. Both bathrooms have been remodeled, while the property also includes a shared laundry area, central heating, ceiling fans, a shingle roof, stucco construction, and a fenced yard. The roof dates to 2020, and the air-conditioning system is approximately three years old.
The property is located on 19TH Avenue W in Bradenton, within the 34205 postal area. Nearby amenities identified for the property include Flamingo Bay Brewing Company, grocery stores, shopping, restaurants, a bus line, and downtown Bradenton. The beaches are described as less than 20 minutes away. Public water and public sewer serve the property, which is zoned R2B and occupies 0.14 acres.
The property is located on 19TH Avenue W in Bradenton, within the 34205 postal area. Nearby amenities identified for the property include Flamingo Bay Brewing Company, grocery stores, shopping, restaurants, a bus line, and downtown Bradenton. The beaches are described as less than 20 minutes away. Public water and public sewer serve the property, which is zoned R2B and occupies 0.14 acres.
Key Highlights
- 1,147‑square‑foot duplex on a 0.14‑acre lot
- Two layout options: 2‑bedroom/1‑bath plus studio or two 1‑bedroom/1‑bath units
- Both bathrooms remodeled; shared laundry area serves the units
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
$15,068
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
4.50%
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%
$301,360
$301.4K
Cap Rate 7%
$215,257
$215.3K
Cap Rate 9%
$167,422
$167.4K
Market Conditions
NOI Build-Up for 1,147 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
$22.7K $19.80/SF
− Vacancy
−$1.2K −$1.03/SF
EGI
$21.5K $18.77/SF
− OpEx
−$6.5K −$5.63/SF
NOI
$15.1K $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%
$301,360
Cap Rate 7%
$215,257
Cap Rate 9%
$167,422
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 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 - Updated two-unit property with shared laundry, fenced outdoor space, and public water and sewer service.
Where is this duplex located?
The property is located at 1416 19TH Avenue 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: 1,147‑square‑foot duplex on a 0.14‑acre lot; Two layout options: 2‑bedroom/1‑bath plus studio or two 1‑bedroom/1‑bath units; Both bathrooms remodeled; shared laundry area serves the units
