Duplex with Screened
For Sale
$294,900
5719 14TH STREET E, Bradenton, FL 34203
RSF6-zoned property with separate driveway parking and recent improvements to both units.
Property Size978 SF
Price / SF$301.53
Days on Market116
Property Features for 5719 14TH STREET E
General Information
Standard status
Active
Size
978 SF
Property subtype
Residential Income
Zoning
RSF6
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,997
Amenities
screened in-lanai
enclosed fence
Eat-in Kitchen
Fence
Building Details
Building Size
978 SF
Year Built
1949
Buildings
1
Stories
1
Units
2
Construction
stucco
Tenancy
Multi
Listing Agency:
CHARLES RUTENBERG REALTY INC
(727) 538-9200
Listed By:
Mark Hartman · License #3111305
(727) 643-4508
Source:
Debbieheringrealty
Added: Jul 7
Changed: Oct 25
Last Checked: Oct 29 at 7:22PM
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 CHARLES RUTENBERG REALTY INC
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Investment Insights
Based on property information with market context.
This 1949 duplex contains two units and has screened lanais, ceramic tile flooring, and a fenced backyard. Recent work includes a newer roof, central HVAC systems on both sides, exterior siding and trim improvements, and fresh exterior coating. Unit A has a remodeled kitchen with new cabinets, appliances, quartz countertops, sink, faucet, and tile flooring. Unit B features an updated bath and a refreshed lanai with new ceramic tile.
Each side has driveway parking for 1–2 cars. Retail and restaurant options along 14th Street West are a few minutes away. Current leases are assignable, and the property is zoned RSF6.
Each side has driveway parking for 1–2 cars. Retail and restaurant options along 14th Street West are a few minutes away. Current leases are assignable, and the property is zoned RSF6.
Key Highlights
- Two‑unit duplex built in 1949
- Newer roof and central HVAC systems serving both sides
- Unit A kitchen remodel includes quartz countertops and new appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,848
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,960
$257.0K
Cap Rate 7%
$183,543
$183.5K
Cap Rate 9%
$142,756
$142.8K
Market Conditions
NOI Build-Up for 978 SF
Gross rent
$19.4K $19.80/SF
− Vacancy
−$1.0K −$1.03/SF
EGI
$18.4K $18.77/SF
− OpEx
−$5.5K −$5.63/SF
NOI
$12.8K $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 Rate 5%
$256,960
Cap Rate 7%
$183,543
Cap Rate 9%
$142,756
Alternative Uses
Best Use
Multifamily LT 5
$183.5K
$160.6K – $214.1K
NOI $12,848 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$169.1K
$147.9K – $197.2K
NOI $11,834 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$287.6K
$251.7K – $335.5K
NOI $20,132 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
682
Businesses Nearby
Explore this area
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - RSF6-zoned property with separate driveway parking and recent improvements to both units.
Where is this duplex located?
The property is located at 5719 14TH STREET E Bradenton, FL.
What is the asking price?
The asking price for this property is $294,900.
What are key features of this property?
This property features: Two‑unit duplex built in 1949; Newer roof and central HVAC systems serving both sides; Unit A kitchen remodel includes quartz countertops and new appliances
