714 60TH Avenue W, Bradenton, FL 34207
MULTI_FAMILY - BRADENTON, FL
Property Features for 714 60TH Avenue W
General Information
Taxes and HOA fees
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
Key updates include a roof replacement in July 2022, AC replacement in Unit #714 in 2024, and replacement of both electrical panels in July 2024. The duplex was built in 1972 and is served by public water and public sewer.
Zoned RDD6, the property is situated on a large corner lot in Bradenton, Florida.
Key Highlights
- 0.21‑acre fully fenced corner lot duplex with block construction
- Roof replaced in 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 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 34207, FL
Market
Vacancy Rate% for Multifamily in South region