Duplex with Covered
For Sale
$350,000
4808 19th St W, Bradenton, FL 34207
Two-unit residential property with varied unit layouts, outdoor porches, parking, and one leased unit.
Property Size1,889 SF
Price / SF$185.28
Days on Market153
Property Features for 4808 19th St W
General Information
Standard status
Active
Size
1,889 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$5,322
Listing Agency:
FINE PROPERTIES
(941) 752-0887
Listed By:
Julie Franklin · License #3277283
(941) 752-0887
Source:
Exprealty
Added: Mar 31
Changed: Aug 29
Last Checked: Aug 29 at 3:45PM
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 FINE PROPERTIES
Investment Insights
Based on property information with market context.
This duplex contains 1,889 square feet across two separate units. The larger residence offers two bedrooms and one bathroom, a family room, covered and screened front and rear porches, plus a single-car garage with washer and dryer hookups. The second unit includes one bedroom and one bathroom, kitchen-area laundry hookups, and a single-carport parking space.
One unit is leased while the other is vacant, creating different occupancy positions within the same property. Additional features include a partially fenced yard and a roof replaced in 2020. The property is located at 4808 19th St W in Bradenton, Florida.
One unit is leased while the other is vacant, creating different occupancy positions within the same property. Additional features include a partially fenced yard and a roof replaced in 2020. The property is located at 4808 19th St W in Bradenton, Florida.
Key Highlights
- 1,889‑square‑foot duplex with 2‑bedroom and 1‑bedroom units
- Larger unit includes covered and screened front and rear porches
- 2‑bedroom unit has a single‑car garage and laundry hookups
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,815
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$496,300
$496.3K
Cap Rate 7%
$354,500
$354.5K
Cap Rate 9%
$275,722
$275.7K
Market Conditions
NOI Build-Up for 1,889 SF
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.
Gross rent
$37.4K $19.80/SF
− Vacancy
−$2.0K −$1.03/SF
EGI
$35.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$496,300
Cap Rate 7%
$354,500
Cap Rate 9%
$275,722
Alternative Uses
Best Use
Multifamily LT 5
$354.5K
$310.2K – $413.6K
NOI $24,815 @ 7.0% cap · market cap 7.09%
Second Best
Apartment 5plus
$326.5K
$285.7K – $380.9K
NOI $22,856 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$555.5K
$486.1K – $648.1K
NOI $38,885 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,063
Businesses Nearby
Explore this area
Business Placement
Demographics for 34207, FL
35,281
Population
19,411
Households
1.8
Avg Household Size
45
Median Age
16%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
5,690
Density / Sq Mi
$49,162
Median Household Income
$33,035
Median Earnings
$1,270
Median Rent
$122,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with varied unit layouts, outdoor porches, parking, and one leased unit.
Where is this duplex located?
The property is located at 4808 19th St W Bradenton, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,889‑square‑foot duplex with 2‑bedroom and 1‑bedroom units; Larger unit includes covered and screened front and rear porches; 2‑bedroom unit has a single‑car garage and laundry hookups
