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Lake-View Half Duplex Investment

4212 78TH STREET W Bradenton, FL 34209

4212 78TH STREET W, Bradenton, FL, 34209
$189,900
For Sale
$189,900

Half Duplex - BRADENTON, FL

Property Size1,032 SF
Lot Size17.40 Acres
Price / SF$184.01
Days on Market543

Property Features for 4212 78TH STREET W

General Information

Property type
Residential
Property subtype
Duplex
Zoning
RDD6
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Great Room, Kitchen
Pets allowed
Dogs OK
Interior features
Ceiling Fans(s)
Appliances
Range, Refrigerator
Standard status
Active
APN
5156805508
Size
1,032 SF
Lot size
17.40 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
2304.27
Expense value
370
Expense
Home Owner Assessments Fee
Expense freq.
Monthly

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1981
Flooring type
Laminate, Tile, Tile - Ceramic
Building materials
Block
Roof type
Shingle
Architectural style
Other
Listing Agency FINE PROPERTIES
5220 Paylor Lane, SARASOTA, FL
Listed by Patricia Ronderos · License #3047674
Added: Jan 21, 2025 Checked: Jul 18 at 7:06 pm
MLS# A4637070 Listing URL

Copyright © 2026 Sarasota Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This half duplex includes a condo association fee of $370 per month, with the fee described as covering lawn maintenance, outside paint/exterior (not windows), and roof and building insurance. The property is identified as a lake-view condo and is subject to condo rules noted in the remarks, including no short-term rentals and a one-year minimum lease term.

Located on the west side of Bradenton at 4212 78TH STREET W, the property is described as being near shopping and bus routes, and close to gulf beaches. The remarks also state the property is not located in a flood zone.

Zoned RDD6, the offering is categorized as a residential income property with a reported size of 1,032 square feet.

Key Highlights

  • Condo fee is $370/month and includes lawn maintenance, outside paint/exterior (not windows), and roof/building insurance
  • Lakefront condo location on the west side, not located in a flood zone
  • Central heating and central A/C with ceiling fans

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 $20.4k $19.80
− Vacancy −$1.1k −$1.03
EGI $19.4k $18.77
− OpEx −$5.8k −$5.63
NOI $13.6k $13.14
1,032 SF · lease $19.80/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$193.7K
$169.5K – $226.0K (±1% cap)
NOI $13,557 @ 7.0% cap · market cap 7.14%
Second Best
Apartment 5plus
$178.4K
$156.1K – $208.1K (±1% cap)
NOI $12,487 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$303.5K
$265.6K – $354.1K (±1% cap)
NOI $21,244 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Dental Office Daycare Center (Bike/Boat/Book/etc) Store Real Estate Agency Barber Shop (Bike/Boat/Book/etc) Store HVAC Service Pharmacy Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Half duplex with a lake-view condo fee of $370/month covering select exterior and insurance expenses.
Where is this duplex located?
The property is located at 4212 78TH STREET W Bradenton, FL.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Condo fee is $370/month and includes lawn maintenance, outside paint/exterior (not windows), and roof/building insurance; Lakefront condo location on the west side, not located in a flood zone; Central heating and central A/C with ceiling fans
Contact an agent
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