Two-Unit Duplex with
3607 47TH Avenue W, Bradenton, FL 34210
For Sale
$449,900
Residential Income, BRADENTON, FL
Property Size1,512 SF
Lot Size0.22 Acres
Price / SF$297.55
Days on Market58
Property Features for 3607 47TH Avenue W
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Window features
Patio and Porch features
Pets allowed
Interior features
Exterior features
Fencing
Appliances
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
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 hookups
fenced backyard
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
TIM LESTER INTERNAT'L REALTY
Listed By:
Tim Lester · License #3101382
(941) 981-5388
Added: Sep 11
Changed: Nov 6
Last Checked: Nov 7 at 10:06PM
MLS# A4705821
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.
Built in 1972, this duplex contains 1,512 square feet with two bedrooms and one bathroom in each residence. The units feature laminate and tile flooring, central heating and air conditioning, range and refrigerator appliances, and main-floor primary bedrooms. Laundry hookups serve each side, while individual carports, driveway parking, and additional open parking support daily use. Block and stucco construction, a shingle roof, and a fenced yard complete the property on a 0.22-acre lot.
The property is in Bradenton near restaurants, shopping, medical offices, Sarasota-Bradenton International Airport, and Gulf beaches. Public water and public sewer serve the site. Tenants are responsible for their own monthly utilities, and the two-unit layout supports either owner occupancy with a separate rental residence or leasing both sides.
The property is in Bradenton near restaurants, shopping, medical offices, Sarasota-Bradenton International Airport, and Gulf beaches. Public water and public sewer serve the site. Tenants are responsible for their own monthly utilities, and the two-unit layout supports either owner occupancy with a separate rental residence or leasing both sides.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,512 square feet on a 0.22‑acre lot
- Individual carports plus driveway and open parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,862
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,240
$397.2K
Cap Rate 7%
$283,743
$283.7K
Cap Rate 9%
$220,689
$220.7K
Market Conditions
NOI Build-Up for 1,512 SF
Gross rent
$29.9K $19.80/SF
− Vacancy
−$1.6K −$1.03/SF
EGI
$28.4K $18.77/SF
− OpEx
−$8.5K −$5.63/SF
NOI
$19.9K $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%
$397,240
Cap Rate 7%
$283,743
Cap Rate 9%
$220,689
Alternative Uses
Best Use
Multifamily LT 5
$283.7K
$248.3K – $331.0K
NOI $19,862 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$261.4K
$228.7K – $304.9K
NOI $18,295 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$444.6K
$389.1K – $518.7K
NOI $31,124 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,222
Businesses Nearby
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Business Placement
Demographics for 34210, FL
16,447
Population
11,870
Households
1.4
Avg Household Size
54
Median Age
37%
College-Educated
93%
High-School Grad
8.9 sq mi
ZIP Area
1,848
Density / Sq Mi
$64,306
Median Household Income
$37,216
Median Earnings
$1,552
Median Rent
$279,500
Median Home Value
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Market
Average Price Trend$/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 offers private outdoor space, laundry hookups, and covered parking with access to public water and sewer.
Where is this duplex located?
The property is located at 3607 47TH Avenue W Bradenton, FL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,512 square feet on a 0.22‑acre lot; Individual carports plus driveway and open parking
