Two-Unit
New
For Sale
$349,997
2230 9th Ave W, Bradenton, FL 34205
Two distinct residences provide a 3-bedroom main home and a separate 2-bedroom apartment.
Property Size1,067 SF
Price / SF$328.02
Days on Market1
Property Features for 2230 9th Ave W
General Information
Standard status
Active
Size
1,067 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1925
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Alan Atchley
(941) 556-9100
Source:
Atchleyrealty
Added: Oct 30
Last Checked: Oct 30 at 2:10PM
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 Real Broker, LLC
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Investment Insights
Based on property information with market context.
This remodeled duplex contains two separate living spaces: a 3-bedroom, 2-bathroom main residence and a 2-bedroom, 1-bathroom apartment. The property measures 1,067 square feet and was built in 1925.
At 2230 9th Ave W in Bradenton, the property is described as having access to shopping, dining, major roadways, and Gulf Coast beaches.
At 2230 9th Ave W in Bradenton, the property is described as having access to shopping, dining, major roadways, and Gulf Coast beaches.
Key Highlights
- Two separate residences: a 3‑bedroom, 2‑bathroom main home and a 2‑bedroom, 1‑bathroom apartment
- 1,067 square feet
- Built in 1925
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,017
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$280,340
$280.3K
Cap Rate 7%
$200,243
$200.2K
Cap Rate 9%
$155,744
$155.7K
Market Conditions
NOI Build-Up for 1,067 SF
Gross rent
$21.1K $19.80/SF
− Vacancy
−$1.1K −$1.03/SF
EGI
$20.0K $18.77/SF
− OpEx
−$6.0K −$5.63/SF
NOI
$14.0K $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%
$280,340
Cap Rate 7%
$200,243
Cap Rate 9%
$155,744
Alternative Uses
Best Use
Multifamily LT 5
$200.2K
$175.2K – $233.6K
NOI $14,017 @ 7.0% cap · market cap 4.00%
Second Best
Apartment 5plus
$184.4K
$161.4K – $215.2K
NOI $12,910 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$313.8K
$274.6K – $366.1K
NOI $21,964 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,160
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct residences provide a 3-bedroom main home and a separate 2-bedroom apartment.
Where is this duplex located?
The property is located at 2230 9th Ave W Bradenton, FL.
What is the asking price?
The asking price for this property is $349,997.
What are key features of this property?
This property features: Two separate residences: a 3‑bedroom, 2‑bathroom main home and a 2‑bedroom, 1‑bathroom apartment; 1,067 square feet; Built in 1925
