Central Quadplex
602 W 26TH STREET Bradenton, FL 34205
For Sale
$449,000
For sale quadplex with a documented rental history, positioned as a central investment property.
Property Size1,732 SF
Price / SF$259.24
Days on Market16
Property Features for 602 W 26TH STREET
General Information
Standard status
Active
Size
1,732 SF
Property subtype
Quadruplex
Building Details
Year Built
1915
Listing Agency:
GULF COAST PARADISE REALTY INC
(941) 536-3039
Listed By:
Carmen Melendez · License #3151884
Source:
Dennisrealty
Added: Jul 14
Changed: Jul 25
Last Checked: Jul 29 at 6:16AM
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 GULF COAST PARADISE REALTY INC
Investment Insights
Based on property information with market context.
This quadplex offers an income-producing residential setup with an existing rental history, presented in the public remarks as supporting steady rental income. The property is being offered for sale.
According to the available information, the asset is described as being in a very central location. The property is located at 602 W 26TH STREET, BRADENTON, FL 34205.
According to the available information, the asset is described as being in a very central location. The property is located at 602 W 26TH STREET, BRADENTON, FL 34205.
Key Highlights
- Quadplex for sale with documented rental history
- Built in 1915
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 | $34.3k | $19.80 |
| − Vacancy | −$1.8k | −$1.03 |
| EGI | $32.5k | $18.77 |
| − OpEx | −$9.8k | −$5.63 |
| NOI | $22.8k | $13.14 |
1,732 SF · lease $19.80/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$325.0K
$284.4K – $379.2K
NOI $22,752 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$299.4K
$262.0K – $349.3K
NOI $20,957 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$509.3K
$445.7K – $594.2K
NOI $35,653 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - For sale quadplex with a documented rental history, positioned as a central investment property.
Where is this quadplex located?
The property is located at 602 W 26TH STREET Bradenton, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Quadplex for sale with documented rental history; Built in 1915
