Renovated Duplex with
3323 & 3325 8TH E STREET Bradenton, FL 34208
3323 & 3325 8TH E STREET, Bradenton, FL, 34208
$395,000
Pending
For Sale
$395,000
Pending
Updated duplex with two 2BR/2BA units, each with a private primary en-suite and 1-car carport.
Property Size1,782 SF
Days on Market443
Property Features for 3323 & 3325 8TH E STREET
General Information
- Standard status
- Pending
- Size
- 1,782 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1981
Listing agency
COMPASS FLORIDA LLC
(941) 218-0619
Listed by
Darrin Campbell, PA · License #3364533
(941) 218-0619
Source
Exitrealty
Added: May 6, 2025 Updated: Jul 21 at 12:35PM Checked: Jul 21 at 12:35PM
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 COMPASS FLORIDA LLC
Investment Insights
Based on property information with market context.
Renovated duplex consisting of 3323 and 3325 8th St E, with two tenant-occupied units. Each side features 2 bedrooms and 2 bathrooms, including a private en-suite in the primary bedroom. The property was renovated in 2023 with new kitchens, modern bathrooms, updated flooring throughout, brand-new water heaters for both units, and a new roof. Each unit includes a 1-car carport for covered parking.
The property is located in a non-HOA neighborhood. Both units are under annual leases through May 2026, supporting in-place occupancy.
As presented, the duplex offers a turnkey condition following the 2023 capital improvements and maintains the same functional configuration on both sides for a straightforward rental setup.
The property is located in a non-HOA neighborhood. Both units are under annual leases through May 2026, supporting in-place occupancy.
As presented, the duplex offers a turnkey condition following the 2023 capital improvements and maintains the same functional configuration on both sides for a straightforward rental setup.
Key Highlights
- Renovated duplex (built 1981) with two 2BR/2BA units at 3323/3325 8th St E, Bradenton
- Each unit features a private primary en‑suite and a 1‑car carport for covered parking
- Owner invested approx. $65,000 in renovations in 2023: new kitchens, modern bathrooms, updated flooring, new water heaters, and a new roof
Local Financial Insights For Multifamily LT 5
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 | $35.3k | $19.80 |
| − Vacancy | −$1.8k | −$1.03 |
| EGI | $33.4k | $18.77 |
| − OpEx | −$10.0k | −$5.63 |
| NOI | $23.4k | $13.14 |
1,782 SF · lease $19.80/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$334.4K
$292.6K – $390.2K
NOI $23,409 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$308.0K
$269.5K – $359.4K
NOI $21,562 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$524.0K
$458.5K – $611.4K
NOI $36,682 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Updated duplex with two 2BR/2BA units, each with a private primary en-suite and 1-car carport.
Where is this duplex located?
The property is located at 3323 & 3325 8TH E STREET Bradenton, FL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Renovated duplex (built 1981) with two 2BR/2BA units at 3323/3325 8th St E, Bradenton; Each unit features a private primary en‑suite and a 1‑car carport for covered parking; Owner invested approx. $65,000 in renovations in 2023: new kitchens, modern bathrooms, updated flooring, new water heaters, and a new roof
