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Bradenton Duplex: Investment Opportunity

4816 33RD W STREET Bradenton, FL 34207

4816 33RD W STREET, Bradenton, FL, 34207

$190,000

For Sale

$190,000

Duplex in Bradenton, Florida, ideal for investors. Cash only.

Property Size1,245 SF

Price / SF$152.61

AddedApr 16, 2025

Days on Market456

Last RefreshMay 28 at 4:35 pm

Property Features for 4816 33RD W STREET

General Information

Standard status: Active
Size: 1,245 SF
Property subtype: Multi Family

Building Details

Year Built: 1957

Listing office HOMESTEAD ROAD

Listing date Apr 16, 2025

Source Exitrealty

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 HOMESTEAD ROAD

Investment Insights

Based on property information with market context.

This duplex in Bradenton, Florida, presents a buy and hold opportunity. Each side of the duplex includes 2 bedrooms and 1 bathroom; the larger unit also features an additional half bath. The interior of the duplex requires a full renovation, including subfloor repair in one unit and replacement of the mini-split systems. Currently, there is only one electric meter, which will need to be split. The property is being offered as a cash-only transaction, with no seller financing available. The larger unit's lease is active until March 1, 2026, while the smaller unit's lease expires on November 1, 2025. The smaller unit has a kitchenette only. The current rent collected is $950.00 per month. The permitted roof was installed in 2020.

Key Highlights

Duplex property offers a buy and hold opportunity.
Each unit has 2 bedrooms and 1 bathroom; one unit also has an additional 1/2 bath.
Permitted roof is 2020 (confirm with Manatee County Property Appraiser).

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$24.7k	$19.80
− Vacancy	−$1.3k	−$1.03
EGI	$23.4k	$18.77
− OpEx	−$7.0k	−$5.63
NOI	$16.4k	$13.14

1,245 SF · lease $19.80/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$233.6K

$204.4K – $272.6K (±1% cap)

NOI $16,355 @ 7.0% cap · market cap 8.61%

Second Best

Apartment 5plus

$215.2K

$188.3K – $251.1K (±1% cap)

NOI $15,064 @ 7.0% cap · market cap 7.93%

Theoretical Best

Office A

$366.1K

$320.4K – $427.1K (±1% cap)

NOI $25,628 @ 7.0% cap · market cap 13.49%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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Suggested Use

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For sale
Duplexes
FL
Bradenton
34207
4816 33RD W STREET

What type of property is this?

Duplex - Duplex in Bradenton, Florida, ideal for investors. Cash only.

Where is this duplex located?

The property is located at 4816 33RD W STREET Bradenton, FL.

What is the asking price?

The asking price for this property is $190,000.

What are key features of this property?

This property features: Duplex property offers a buy and hold opportunity.; Each unit has 2 bedrooms and 1 bathroom; one unit also has an additional 1/2 bath.; Permitted roof is 2020 (confirm with Manatee County Property Appraiser).