Search
Updated Duplex with Screened Lanais
For Sale
$294,900

5719 14TH Street E, Bradenton, FL 34203

Residential Income, BRADENTON, FL

Property Size978 SF
Lot Size0.16 Acres
Price / SF$301.53
Days on Market88

Property Features for 5719 14TH Street E

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RSF6
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
Pets allowed Yes
Interior features Eat-in Kitchen
Exterior features Fence
Fencing Fenced
Appliances Electric Water Heater
Subdivision ACREAGE & UNREC
Elementary school Oneco Elementary
Middle school W.D. Sugg Middle
High school Bayshore High
Directions From the intersection of SR-70 and 15th Street East/301 Blvd E. Head south on 15th Street East/301 Blvd E. Turn right onto 57th Ave East. Turn left onto 14th Street East. Destination will be on your left at 5719 14th Street East.
Standard status Active
APN 5810300003
Size 978 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BEG AT A PT 260 FT E OF NW COR NE1/4 OF NE1/4 OF SE1/4 SEC 13, THENCE S 255 FT TO POB, THENCE S 75 FT; E 100 FT,THENCE N 75 FT, THENCE W 100 FT TO POB, LESS W 10 FT FOR D/W P-50-S PI#58103.0000/3
Tax Annual Amount 2998
Legal Description BEG AT A PT 260 FT E OF NW COR NE1/4 OF NE1/4 OF SE1/4 SEC 13, THENCE S 255 FT TO POB, THENCE S 75 FT; E 100 FT,THENCE N 75 FT, THENCE W 100 FT TO POB, LESS W 10 FT FOR D/W P-50-S PI#58103.0000/3

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

screened-in lanai
fenced backyard

Building Details

Year built 1949
Floors in Building 1
Number of units 2
Flooring type Tile - Ceramic
Building materials Block, Stucco
Roof type Shingle
Listing Agency: CHARLES RUTENBERG REALTY INC
Listed By: Mark Hartman · License #3111305
Added: Jul 7 Changed: Sep 28 Last Checked: Oct 2 at 8:06PM
MLS# TB8526672

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.

Investment Insights

Based on property information with market context.

This 1949 duplex contains 978 square feet on a 0.16-acre parcel in Bradenton. Both units feature ceramic tile flooring, central HVAC, screened lanais, and access to driveway parking. Recent exterior work includes wood siding above the stucco, repaired or replaced soffits and fascia, new or improved gutters, and a fresh elastomeric coating over the stucco. The fenced backyard includes a shade tree and enclosed outdoor space.

Unit A has a remodeled kitchen with new cabinetry, appliances, quartz countertops, a stainless steel sink, and tile flooring. Unit B includes an updated bathroom and a repainted lanai with new ceramic tile. The property has an RSF6 zoning designation, public water, public sewer, and cable availability. Current leases are assignable, with the source information also noting the possibility of occupying one unit while leasing the other. Retail and restaurant options are located along 14th Street West, and Gulf beaches are within a short drive.

Key Highlights

  • Duplex totaling 978 square feet on a 0.16‑acre lot
  • RSF6 zoning with public water and public sewer
  • 1949 construction with newer roof and central HVAC systems on both sides

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
$12,848
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
4.36%
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%
$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 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
$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 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%
$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 (±1% cap)
NOI $12,848 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$169.1K
$147.9K – $197.2K (±1% cap)
NOI $11,834 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$287.6K
$251.7K – $335.5K (±1% cap)
NOI $20,132 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Spa & Massage Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

682
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - RSF6-zoned duplex with refreshed interiors, fenced outdoor space, and public water and sewer service.
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: Duplex totaling 978 square feet on a 0.16‑acre lot; RSF6 zoning with public water and public sewer; 1949 construction with newer roof and central HVAC systems on both sides
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again