Furnished Short-Term Rental
New
For Sale
$1,099,000
Pending
2713 4TH W, Bradenton, FL 34205
Renovated three-unit property with furnished interiors, shared outdoor space, and flexible short-term rental use.
Property Size2,710 SF
Days on Market7
Property Features for 2713 4TH W
General Information
Standard status
Pending
Size
2,710 SF
Property subtype
Investment
Units
Unit Mix
1 x 3BR/2BA, 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
3
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$9,126
Amenities
shared courtyard
covered storage
Building Details
Building Size
2,710 SF
Year Built
1946
Units
3
Listing Agency:
Coldwell Banker
Listed By:
Charles Buky · License #3021275
(941) 228-6086
Source:
Elliman
Added: Sep 16
Last Checked: Sep 21 at 7:48AM
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 Coldwell Banker
Investment Insights
Based on property information with market context.
Located at 2713 4th Ave W in Bradenton, this renovated property combines a 3-bedroom, 2-bath single-family residence with a stacked duplex containing 1-bedroom, 1-bath and 2-bedroom, 1-bath units. All three residences are furnished and feature updated interiors, including contemporary kitchens, modern bathrooms, luxury plank flooring, and private duplex entrances. The main home also offers an open layout, farmhouse sink, butcher block island, concrete countertops, custom range hood, pot filler, master suite, and mudroom.
Exterior amenities include a shared courtyard, covered storage suitable for RVs, boats, or trailers, and ample parking. The property has no HOA or rental restrictions, supporting flexible short-term rental operations. Nearby destinations include Robinson Preserve, De Soto National Memorial, Palma Sola Bay, Warner’s Bayou Boat Ramp, Anna Maria Island, downtown Bradenton, and the Gulf of Mexico. Built in 1946.
Exterior amenities include a shared courtyard, covered storage suitable for RVs, boats, or trailers, and ample parking. The property has no HOA or rental restrictions, supporting flexible short-term rental operations. Nearby destinations include Robinson Preserve, De Soto National Memorial, Palma Sola Bay, Warner’s Bayou Boat Ramp, Anna Maria Island, downtown Bradenton, and the Gulf of Mexico. Built in 1946.
Key Highlights
- Three‑unit configuration: 3/2 single‑family home plus 1/1 and 2/1 duplex units
- Fully renovated and furnished throughout
- No HOA or rental restrictions
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
$32,790
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
2.98%
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%
$655,800
$655.8K
Cap Rate 7%
$468,429
$468.4K
Cap Rate 9%
$364,333
$364.3K
Market Conditions
NOI Build-Up for 2,710 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
$63.1K $23.28/SF
− Vacancy
−$3.5K −$1.28/SF
EGI
$59.6K $22.00/SF
− OpEx
−$26.8K −$9.90/SF
NOI
$32.8K $12.10/SF
Area
Manatee County, FL
Vacancy
5.50%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
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%
$655,800
Cap Rate 7%
$468,429
Cap Rate 9%
$364,333
Alternative Uses
Best Use
Apartment 5plus
$468.4K
$409.9K – $546.5K
NOI $32,790 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$796.9K
$697.3K – $929.8K
NOI $55,785 @ 7.0% cap · market cap 5.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
740
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?
Short term rental property - Renovated three-unit property with furnished interiors, shared outdoor space, and flexible short-term rental use.
Where is this short term rental property located?
The property is located at 2713 4TH W Bradenton, FL.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Three‑unit configuration: 3/2 single‑family home plus 1/1 and 2/1 duplex units; Fully renovated and furnished throughout; No HOA or rental restrictions
