Duplex with Attached
2311 54TH AVENUE Drive W, Bradenton, FL 34207
For Sale
$519,000
Residential Income, BRADENTON, FL
Property Size2,280 SF
Lot Size0.21 Acres
Price / SF$227.63
Days on Market82
Property Features for 2311 54TH AVENUE Drive W
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Exterior features
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
carports
laundry rooms
Building Details
Year built
Building materials
Roof type
Buildings
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Selina Bradley · License #3305515
(941) 565-7233
Added: Aug 20
Changed: Nov 9
Last Checked: Nov 9 at 7:06AM
MLS# A4703539
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.
This 2018-built duplex contains two residences, each arranged with three bedrooms and two full bathrooms. Combined building area is 2,280 square feet. Both units have carports with attached laundry rooms, and ceiling fans are among the interior features. The exterior is stucco with a shingle roof; central heating and central air conditioning serve the property.
The parcel spans 0.21 acres and is zoned RDD6. Public water and public sewer serve the property. The address is in Bradenton, Florida.
The parcel spans 0.21 acres and is zoned RDD6. Public water and public sewer serve the property. The address is in Bradenton, Florida.
Key Highlights
- Two residences, each with 3 bedrooms and 2 full bathrooms
- 2,280 square feet of building area
- 0.21‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,951
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,020
$599.0K
Cap Rate 7%
$427,871
$427.9K
Cap Rate 9%
$332,789
$332.8K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$45.1K $19.80/SF
− Vacancy
−$2.4K −$1.03/SF
EGI
$42.8K $18.77/SF
− OpEx
−$12.8K −$5.63/SF
NOI
$30.0K $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%
$599,020
Cap Rate 7%
$427,871
Cap Rate 9%
$332,789
Alternative Uses
Best Use
Multifamily LT 5
$427.9K
$374.4K – $499.2K
NOI $29,951 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$394.1K
$344.8K – $459.8K
NOI $27,587 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$670.5K
$586.7K – $782.2K
NOI $46,933 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
851
Businesses Nearby
Explore this area
Business Placement
Demographics for 34207, FL
35,281
Population
19,411
Households
1.8
Avg Household Size
45
Median Age
16%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
5,690
Density / Sq Mi
$49,162
Median Household Income
$33,035
Median Earnings
$1,270
Median Rent
$122,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Bradenton, FL
Properties on Market for Duplexes in Bradenton
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, two bathrooms, and an attached laundry room.
Where is this duplex located?
The property is located at 2311 54TH AVENUE Drive W Bradenton, FL.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 full bathrooms; 2,280 square feet of building area; 0.21‑acre parcel
