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Updated Duplex with Private Laundry
For Sale
$395,000

714 60TH Avenue W, Bradenton, FL 34207

Residential Income, BRADENTON, FL

Property Size1,512 SF
Lot Size0.21 Acres
Price / SF$261.24
Days on Market97

Property Features for 714 60TH Avenue W

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RDD6
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2, Laundry Room, Bedroom 4, Bedroom 1
Pets allowed Yes
Interior features Ceiling Fans(s)
Subdivision SUNNY LAKES ESTATES
Directions 14th st E to 60th ave W
Standard status Active
APN 6007400002
Size 1,512 SF
Lot size 0.21 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 111 SUNNY LAKES ESTATES PI#60074.0000/2
Tax Annual Amount 3662
Legal Description LOT 111 SUNNY LAKES ESTATES PI#60074.0000/2

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

private laundry rooms
remodeled kitchens
tile flooring throughout
newer windows
fully fenced

Building Details

Year built 1972
Number of units 2
Building materials Block
Roof type Shingle
Listing Agency: FINE PROPERTIES
Listed By: Patricia Ronderos
Added: Jul 22 Changed: Oct 25 Last Checked: Oct 26 at 9:06AM
MLS# A4700813

Copyright © 2026 Sarasota Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,512-square-foot duplex, constructed in 1972, offers two residences with remodeled kitchens completed in 2023, tile flooring throughout, newer windows, and separate private laundry rooms. The building has block construction, a shingle roof, central heating, and central air. The roof was replaced in July 2022, the AC serving Unit #714 was replaced in 2024, and both electrical panels were replaced in July 2024.

Set on a 0.21-acre corner lot in Bradenton, the property is fully fenced and connected to public water and public sewer. Both units are currently rented. The property is identified with RDD6 zoning and includes two bathrooms, four bedrooms, ceiling fans, and dedicated laundry space.

Key Highlights

  • Two‑unit duplex totaling 1,512 square feet on a 0.21‑acre corner lot
  • Both residences are currently rented
  • Remodeled kitchens completed in 2023 with tile flooring throughout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,862
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,240 $397.2K
Cap Rate 7%
$283,743 $283.7K
Cap Rate 9%
$220,689 $220.7K
Market Conditions
NOI Build-Up for 1,512 SF
Gross rent
$29.9K $19.80/SF
− Vacancy
−$1.6K −$1.03/SF
EGI
$28.4K $18.77/SF
− OpEx
−$8.5K −$5.63/SF
NOI
$19.9K $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 Rate 5%
$397,240
Cap Rate 7%
$283,743
Cap Rate 9%
$220,689

Alternative Uses

Best Use
Multifamily LT 5
$283.7K
$248.3K – $331.0K (±1% cap)
NOI $19,862 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$261.4K
$228.7K – $304.9K (±1% cap)
NOI $18,295 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$444.6K
$389.1K – $518.7K (±1% cap)
NOI $31,124 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

688
Businesses Nearby

Demographics for 34207, FL

35,281
Population
19,411
Households
1.8
Avg Household Size
45
Median Age
16%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
5,690
Density / Sq Mi
$49,162
Median Household Income
$33,035
Median Earnings
$1,270
Median Rent
$122,100
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

Frequently Asked Questions

What type of property is this?
Duplex - Fenced corner-lot property with remodeled kitchens, tile flooring, and current occupancy in both residences.
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 $395,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,512 square feet on a 0.21‑acre corner lot; Both residences are currently rented; Remodeled kitchens completed in 2023 with tile flooring throughout
More about this property
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