5910 13TH STREET COURT E, Bradenton, FL 34203
Two 3-bedroom, 2-bath units with separate electric and water meters; both currently leased month-to-month.
Property Features for 5910 13TH STREET COURT E
General Information
Additional Details
Building Details
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Investment Insights
Based on property information with market context.
The duplex has separate electric and water meters, with tenant responsibility for utilities. The property is being sold as-is with tenants in place and subject to the current lease terms. There is no HOA or CDD.
Situated near shopping, dining, schools, and major commuter routes, the configuration makes it well-suited for an owner looking for a straightforward, two-unit income setup with flexible lease terms.
Key Highlights
- Two 3‑bedroom, 2‑bath units at 5910 & 5908 13TH STREET COURT E
- 1981 construction with 1,944 total SF
- Both units currently leased month‑to‑month
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.5k | $19.80 |
| − Vacancy | −$2.0k | −$1.03 |
| EGI | $36.5k | $18.77 |
| − OpEx | −$10.9k | −$5.63 |
| NOI | $25.5k | $13.14 |
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Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 34203, FL
Market
Vacancy Rate% for Multifamily in South region