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Two-Unit Duplex Property
For Sale
$450,000

2126 2ND Avenue E, Bradenton, FL 34208

Residential Income, BRADENTON, FL

Property Size1,568 SF
Lot Size0.27 Acres
Price / SF$286.99
Days on Market169

Property Features for 2126 2ND Avenue E

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R1B
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bedroom 4, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 1
Interior features Ceiling Fans(s), Thermostat
Subdivision PELOTS ADD TO MANATEE RESUBDIVIDED
Lot features Corner Lot
Elementary school Manatee Elementary School-MN
Middle school Martha B. King Middle
High school Manatee High
Directions From Manatee Ave E, turn onto 22nd St E and continue to the property located on 2nd Ave E, corner lot.
Standard status Active
APN 1321400002
Size 1,568 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ALL OF LOT 7 & PART OF LOT 6, RESUB OF LOTS 1,2,3,4 BLK 12, PELOTS ADD TO MANATEE, AND BEING FURTHER DESC AS FOLLOWS: BEG AT THE NE COR OF LOT 7, OF SD RESUB RUN WLY ALG THE SLY R/W LN OF 2ND AVE E, A DIST OF 90 FT; TH SLY A DIST OF 131.15 FT TO A PT ON THE N LN OF LOT 8 OF SD RESUB; TH ELY A DIST OF 90 FT ALG SD N LN OF LOT 8 OF SD RESUB TO THE SE COR OF LOT 7
Tax Annual Amount 4226
Legal Description ALL OF LOT 7 & PART OF LOT 6, RESUB OF LOTS 1,2,3,4 BLK 12, PELOTS ADD TO MANATEE, AND BEING FURTHER DESC AS FOLLOWS: BEG AT THE NE COR OF LOT 7, OF SD RESUB RUN WLY ALG THE SLY R/W LN OF 2ND AVE E, A DIST OF 90 FT; TH SLY A DIST OF 131.15 FT TO A PT ON THE N LN OF LOT 8 OF SD RESUB; TH ELY A DIST OF 90 FT ALG SD N LN OF LOT 8 OF SD RESUB TO THE SE COR OF LOT 7

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1972
Floors in Building 1
Flooring type Tile - Ceramic
Building materials Block
Roof type Shingle
Listing Agency: SRQ INTERNATIONAL REALTY LLC
Listed By: Jaime Orjuela · License #3210113
Added: May 1 Changed: Sep 28 Last Checked: Oct 16 at 2:06PM
MLS# A4692244

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.

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Investment Insights

Based on property information with market context.

Built in 1972, this duplex contains two residential units, each configured with two bedrooms and two bathrooms. The 1,568-square-foot property sits on a 0.27-acre lot and features block construction, ceramic tile flooring, ceiling fans, and thermostat controls. Central heating and central air provide climate control, while the shingle roof completes the building’s core improvements.

The property is located at 2126 2ND Avenue E in Bradenton, Florida, within Manatee County. Public water and public sewer serve the site. R1B zoning is identified for the property.

Key Highlights

  • Two 2‑bed/2‑bath residential units
  • 1,568 square feet on a 0.27‑acre lot
  • Block construction with shingle roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,598
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,960 $412.0K
Cap Rate 7%
$294,257 $294.3K
Cap Rate 9%
$228,867 $228.9K
Market Conditions
NOI Build-Up for 1,568 SF
Gross rent
$31.0K $19.80/SF
− Vacancy
−$1.6K −$1.03/SF
EGI
$29.4K $18.77/SF
− OpEx
−$8.8K −$5.63/SF
NOI
$20.6K $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%
$411,960
Cap Rate 7%
$294,257
Cap Rate 9%
$228,867

Alternative Uses

Best Use
Multifamily LT 5
$294.3K
$257.5K – $343.3K (±1% cap)
NOI $20,598 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$271.0K
$237.2K – $316.2K (±1% cap)
NOI $18,972 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$461.1K
$403.5K – $538.0K (±1% cap)
NOI $32,277 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Nail Salon (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby

Demographics for 34208, FL

38,522
Population
17,056
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
80%
High-School Grad
16.5 sq mi
ZIP Area
2,335
Density / Sq Mi
$59,899
Median Household Income
$37,489
Median Earnings
$1,409
Median Rent
$303,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Block construction houses two residential units with ceramic tile flooring and central heating and cooling.
Where is this duplex located?
The property is located at 2126 2ND Avenue E 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 2‑bed/2‑bath residential units; 1,568 square feet on a 0.27‑acre lot; Block construction with shingle roof
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