Furnished 2-Unit
5307 16TH Street W, Bradenton, FL 34207
For Sale
$500,000
Residential Income, BRADENTON, FL
Property Size1,484 SF
Lot Size0.23 Acres
Price / SF$336.93
Days on Market89
Property Features for 5307 16TH Street W
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Window features
Pets allowed
Interior features
Exterior features
Fencing
Appliances
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Additional Details
Business Included
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
laundry rooms
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
EXP REALTY, LLC
(941) 462-3321
Listed By:
Brendan Rimer · License FL #3472311
(941) 465-0520
Added: Aug 19
Changed: Nov 15
Last Checked: Nov 15 at 4:06AM
MLS# A4704120
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.
This 1,484-square-foot duplex contains two renovated residences, each with two bedrooms and one bathroom. Both are furnished and feature vinyl plank flooring, shaker-style cabinetry, granite counters, stainless steel appliances, and updated bathrooms. Separate laundry rooms serve the units, and each residence has its own entrance, driveway, and carport. The property is on a 0.23-acre lot and is zoned RSF6.
The property is in Bradenton, with access to IMG Academy, State College of Florida, SRQ Airport, area hospitals, Anna Maria Island, and Gulf beaches. Public water and sewer serve the site. Additional features include central air, a fenced yard, and covered parking.
The property is in Bradenton, with access to IMG Academy, State College of Florida, SRQ Airport, area hospitals, Anna Maria Island, and Gulf beaches. Public water and sewer serve the site. Additional features include central air, a fenced yard, and covered parking.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,484 square feet on a 0.23‑acre lot
- Separate entrances, driveways, carports, and laundry rooms for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,495
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,900
$389.9K
Cap Rate 7%
$278,500
$278.5K
Cap Rate 9%
$216,611
$216.6K
Market Conditions
NOI Build-Up for 1,484 SF
Gross rent
$29.4K $19.80/SF
− Vacancy
−$1.5K −$1.03/SF
EGI
$27.8K $18.77/SF
− OpEx
−$8.4K −$5.63/SF
NOI
$19.5K $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%
$389,900
Cap Rate 7%
$278,500
Cap Rate 9%
$216,611
Alternative Uses
Best Use
Multifamily LT 5
$278.5K
$243.7K – $324.9K
NOI $19,495 @ 7.0% cap · market cap 3.90%
Second Best
Apartment 5plus
$256.5K
$224.5K – $299.3K
NOI $17,956 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$436.4K
$381.9K – $509.1K
NOI $30,548 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
955
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
$122,100
Median Home Value
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Market
Average Price Trend$/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 - Two renovated residences offer furnished layouts, separate laundry rooms, and flexibility for short- or long-term rental use.
Where is this duplex located?
The property is located at 5307 16TH Street W Bradenton, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,484 square feet on a 0.23‑acre lot; Separate entrances, driveways, carports, and laundry rooms for each residence
