Residential Income
For Sale
$419,000
2517 19TH AVENUE W, Bradenton, FL 34205
The property includes wall/window units with electric service and carries R1B zoning.
Property Size2,579 SF
Price / SF$162.47
Days on Market22
Property Features for 2517 19TH AVENUE W
General Information
Standard status
Active
Size
2,579 SF
Property subtype
Residential Income
Zoning
R1B
Taxes and HOA fees
Annual Taxes
$4,493
Amenities
Wall/Window Unit(s)
Electric
Other
Building Details
Year Built
1928
Listing Agency:
GULF COAST PARADISE REALTY INC
(941) 536-3039
Listed By:
Carmen Melendez · License #3151884
(941) 536-3039
Source:
Evrealestate
Added: Jul 15
Changed: Aug 2
Last Checked: Aug 5 at 5:54AM
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 GULF COAST PARADISE REALTY INC
Investment Insights
Based on property information with market context.
This residential income property contains 2,579 SF and was constructed in 1928. Interior systems include wall/window unit cooling and electric service. The property is located at 2517 19th Avenue W in Bradenton, Florida, within Manatee County, and is designated R1B.
Key Highlights
- 2,579 SF residential income property
- R1B zoning
- Built in 1928
Financial Insights For Apartment 5plus
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 | $60.0k | $23.28 |
| − Vacancy | −$3.3k | −$1.28 |
| EGI | $56.7k | $22.00 |
| − OpEx | −$25.5k | −$9.90 |
| NOI | $31.2k | $12.10 |
2,579 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$445.8K
$390.1K – $520.1K
NOI $31,205 @ 7.0% cap · market cap 7.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$758.4K
$663.6K – $884.8K
NOI $53,088 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
892
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - The property includes wall/window units with electric service and carries R1B zoning.
Where is this residential income property located?
The property is located at 2517 19TH AVENUE W Bradenton, FL.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: 2,579 SF residential income property; R1B zoning; Built in 1928
