Well-Maintained Duplex Rental
714 60TH AVENUE W Bradenton, FL 34207
New
For Sale
$419,900
Well-maintained duplex with remodeled kitchens, tile flooring, private laundry rooms, and updated major systems.
Property Size1,512 SF
Price / SF$277.71
Days on Market6
Property Features for 714 60TH AVENUE W
General Information
Standard status
Active
Size
1,512 SF
Property subtype
Duplex
Building Details
Year Built
1972
Listing Agency:
FINE PROPERTIES
(941) 782-0000
Listed By:
Patricia Ronderos · License #3047674
Source:
Miharaandassociates
Added: Jul 22
Changed: Jul 26
Last Checked: Jul 26 at 12:29AM
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 FINE PROPERTIES
Investment Insights
Based on property information with market context.
This well-maintained duplex is offered for sale as a turn-key rental property with both units currently occupied. Updates include a roof replacement in July 2022, a new AC for Unit #714 in 2024, and both electrical panels replaced in July 2024. Each unit features a remodeled kitchen (2023), tile flooring throughout, newer windows, and a private laundry room. The property also has a fully fenced layout and sits on a large corner lot.
The duplex is located at 714 60th Avenue W in Bradenton, FL 34207. With both units rented, the property is positioned for an investor seeking existing in-place tenants.
From an operational standpoint, the configuration provides two separate residential units, each with its own laundry room, helping support day-to-day tenant convenience.
The duplex is located at 714 60th Avenue W in Bradenton, FL 34207. With both units rented, the property is positioned for an investor seeking existing in-place tenants.
From an operational standpoint, the configuration provides two separate residential units, each with its own laundry room, helping support day-to-day tenant convenience.
Key Highlights
- Duplex built in 1972 with both units currently rented by existing tenants
- Roof replaced July 2022
- AC replaced in Unit #714 in 2024
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 | $29.9k | $19.80 |
| − Vacancy | −$1.6k | −$1.03 |
| EGI | $28.4k | $18.77 |
| − OpEx | −$8.5k | −$5.63 |
| NOI | $19.9k | $13.14 |
1,512 SF · lease $19.80/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$283.7K
$248.3K – $331.0K
NOI $19,862 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$261.4K
$228.7K – $304.9K
NOI $18,295 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$444.6K
$389.1K – $518.7K
NOI $31,124 @ 7.0% cap · market cap 7.41%
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?
Duplex - Well-maintained duplex with remodeled kitchens, tile flooring, private laundry rooms, and updated major systems.
Where is this duplex located?
The property is located at 714 60TH AVENUE W Bradenton, FL.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Duplex built in 1972 with both units currently rented by existing tenants; Roof replaced July 2022; AC replaced in Unit #714 in 2024
