Two-Unit Duplex with
5215 31ST STREET COURT E #A, Bradenton, FL 34203
For Sale
$389,900
Both residences feature two bedrooms, one bathroom, and access to a large backyard.
Property Size1,440 SF
Price / SF$270.76
Days on Market62
Property Features for 5215 31ST STREET COURT E #A
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Listing Agency:
SRQ INTERNATIONAL REALTY LLC
(941) 366-0106
Listed By:
Jaime Orjuela · License #3210113
(941) 284-5250
Source:
Dennisrealty
Added: Sep 7
Changed: Nov 6
Last Checked: Nov 6 at 9:26AM
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 SRQ INTERNATIONAL REALTY LLC
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Investment Insights
Based on property information with market context.
This 1972 duplex contains 1,440 square feet and is configured as two residences, each offering two bedrooms and one bathroom. The property also includes a large backyard serving the overall duplex.
Located at 5215 31st Street Court E #A in Bradenton, Florida, the property provides a two-unit residential income configuration within an established existing structure. Its side-by-side layout and outdoor space are the primary physical features.
Located at 5215 31st Street Court E #A in Bradenton, Florida, the property provides a two-unit residential income configuration within an established existing structure. Its side-by-side layout and outdoor space are the primary physical features.
Key Highlights
- Two‑unit duplex with 2/1 layouts on each side
- 1,440 square feet of property size
- Large backyard included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,917
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,340
$378.3K
Cap Rate 7%
$270,243
$270.2K
Cap Rate 9%
$210,189
$210.2K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$28.5K $19.80/SF
− Vacancy
−$1.5K −$1.03/SF
EGI
$27.0K $18.77/SF
− OpEx
−$8.1K −$5.63/SF
NOI
$18.9K $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%
$378,340
Cap Rate 7%
$270,243
Cap Rate 9%
$210,189
Alternative Uses
Best Use
Multifamily LT 5
$270.2K
$236.5K – $315.3K
NOI $18,917 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$248.9K
$217.8K – $290.4K
NOI $17,424 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$423.5K
$370.5K – $494.0K
NOI $29,642 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
379
Businesses Nearby
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Business Placement
Demographics for 34203, FL
39,853
Population
20,709
Households
1.9
Avg Household Size
48
Median Age
26%
College-Educated
87%
High-School Grad
15.5 sq mi
ZIP Area
2,571
Density / Sq Mi
$68,030
Median Household Income
$39,829
Median Earnings
$1,437
Median Rent
$302,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Bradenton, FL
Properties on Market for Duplexes in Bradenton
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature two bedrooms, one bathroom, and access to a large backyard.
Where is this duplex located?
The property is located at 5215 31ST STREET COURT E #A Bradenton, FL.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Two‑unit duplex with 2/1 layouts on each side; 1,440 square feet of property size; Large backyard included
