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Block Duplex with Updated Systems
For Sale
$374,990

4306 9TH Street E, Bradenton, FL 34208

Residential Income, BRADENTON, FL

Property Size1,890 SF
Lot Size0.25 Acres
Price / SF$198.41
Days on Market66

Property Features for 4306 9TH Street E

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RDD6
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 4
Interior features Thermostat
Subdivision HAZELHURST
Directions Drive East of 44th Ave E, make a left onto 9th St E and property is on your left.
Standard status Active
APN 4798400497
Size 1,890 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description S 22 FT OF LOT 48, ALL LOT 49, BLK D, HAZELHURST PI#47984.0049/7
Tax Annual Amount 2837
Legal Description S 22 FT OF LOT 48, ALL LOT 49, BLK D, HAZELHURST PI#47984.0049/7

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1976
Floors in Building 1
Number of units 2
Building materials Block
Roof type Shingle
Listing Agency: COLDWELL BANKER REALTY
Listed By: Punit Patel · License #3432073
Added: Aug 13 Changed: Oct 17 Last Checked: Oct 17 at 6:06AM
MLS# TB8538184

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 1976, this 1,890-square-foot block duplex contains two residences, each with three bedrooms and one bathroom. Both units have central air. Recent work includes replacement water supply lines and valves throughout, updated water heaters, and electrical panels brought up to current code. Kitchen cabinets were refurbished and plumbing was updated in one unit. The property also passed a four-point inspection.

The 0.25-acre parcel is near downtown Bradenton, the Bradenton Riverwalk, and local dining and entertainment options. Public water and sewer serve the property. Tenancies are month to month, and zoning is RDD6.

Key Highlights

  • Two‑unit duplex with 3 bedrooms and 1 bathroom per side
  • 1,890 square feet on a 0.25‑acre lot
  • Block construction; built in 1976

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,828
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,560 $496.6K
Cap Rate 7%
$354,686 $354.7K
Cap Rate 9%
$275,867 $275.9K
Market Conditions
NOI Build-Up for 1,890 SF
Gross rent
$37.4K $19.80/SF
− Vacancy
−$2.0K −$1.03/SF
EGI
$35.5K $18.77/SF
− OpEx
−$10.6K −$5.63/SF
NOI
$24.8K $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%
$496,560
Cap Rate 7%
$354,686
Cap Rate 9%
$275,867

Alternative Uses

Best Use
Multifamily LT 5
$354.7K
$310.4K – $413.8K (±1% cap)
NOI $24,828 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$326.7K
$285.9K – $381.2K (±1% cap)
NOI $22,869 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$555.8K
$486.3K – $648.4K (±1% cap)
NOI $38,905 @ 7.0% cap · market cap 10.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Skin Care Clinic Electrical Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

553
Businesses Nearby

Demographics for 34208, FL

38,522
Population
17,056
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
80%
High-School Grad
16.5 sq mi
ZIP Area
2,335
Density / Sq Mi
$59,899
Median Household Income
$37,489
Median Earnings
$1,409
Median Rent
$303,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have three bedrooms and are occupied under month-to-month agreements.
Where is this duplex located?
The property is located at 4306 9TH Street E Bradenton, FL.
What is the asking price?
The asking price for this property is $374,990.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 1 bathroom per side; 1,890 square feet on a 0.25‑acre lot; Block construction; built in 1976
More about this property
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