Tenant-Occupied Duplex with
For Sale
$420,000
Pending
4506 86TH STREET W #A, Bradenton, FL 34210
Two separate residences each include a private garage and established tenancy.
Property Size1,568 SF
Days on Market55
Property Features for 4506 86TH STREET W #A
General Information
Standard status
Pending
Size
1,568 SF
Total Parking Spaces
2
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1977
Buildings
1
Listing Agency:
MARK SPAIN REAL ESTATE
(855) 299-7653
Listed By:
Chris Sakamoto · License #3547066
(904) 200-7535
Source:
Endlesssummerrealty
Added: Sep 4
Changed: Oct 27
Last Checked: Oct 26 at 2:18PM
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 MARK SPAIN REAL ESTATE
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Investment Insights
Based on property information with market context.
This 1,568-square-foot duplex at 4506 86th St W #A in Bradenton contains two separate residences, each arranged with 2 bedrooms, 1 bathroom, and its own garage. The property was built in 1977 and is occupied by tenants, providing an existing rental setup for a buyer to assume.
The duplex is positioned 3 miles from Gulf beaches, with shopping, dining, entertainment, and everyday services identified in the surrounding area. Its two-unit configuration and individual garages provide a straightforward residential income property format for continued rental use.
The duplex is positioned 3 miles from Gulf beaches, with shopping, dining, entertainment, and everyday services identified in the surrounding area. Its two-unit configuration and individual garages provide a straightforward residential income property format for continued rental use.
Key Highlights
- Two‑unit duplex with 1,568 square feet
- Each unit includes 2 bedrooms and 1 bathroom
- Separate garage assigned to each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,598
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,960
$412.0K
Cap Rate 7%
$294,257
$294.3K
Cap Rate 9%
$228,867
$228.9K
Market Conditions
NOI Build-Up for 1,568 SF
Gross rent
$31.0K $19.80/SF
− Vacancy
−$1.6K −$1.03/SF
EGI
$29.4K $18.77/SF
− OpEx
−$8.8K −$5.63/SF
NOI
$20.6K $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%
$411,960
Cap Rate 7%
$294,257
Cap Rate 9%
$228,867
Alternative Uses
Best Use
Multifamily LT 5
$294.3K
$257.5K – $343.3K
NOI $20,598 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$271.0K
$237.2K – $316.2K
NOI $18,972 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$461.1K
$403.5K – $538.0K
NOI $32,277 @ 7.0% cap · market cap 7.69%
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
212
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences each include a private garage and established tenancy.
Where is this duplex located?
The property is located at 4506 86TH STREET W #A Bradenton, FL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,568 square feet; Each unit includes 2 bedrooms and 1 bathroom; Separate garage assigned to each unit
