Duplex with New Mini-Split
For Sale
$269,000
720 22ND Avenue W, Bradenton, FL 34205
MULTI_FAMILY - BRADENTON, FL
Property Size1,656 SF
Lot Size0.15 Acres
Price / SF$162.44
Days on Market84
Property Features for 720 22ND Avenue W
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2B
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
Interior features
Ceiling Fans(s)
Subdivision
OSCEOLA HEIGHTS
Directions
720 22nd Ave W, Bradenton, FL 34205, Manatee County
Standard status
Active
APN
4513300006
Size
1,656 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 16, BLK A OSCEOLA HEIGHTS PI#45133.0000/6
Legal Description
LOT 16, BLK A OSCEOLA HEIGHTS PI#45133.0000/6
Utilities
Sewer type
Public Sewer
Heating system
Zoned, Electric (Heating)
Water source
Public
Building Details
Year built
1950
Building materials
Frame
Listing Agency:
WAGNER REALTY
(941) 955-1500
Listed By:
Austin Oakes · License #3631068
(646) 630-0923
Added: May 14
Changed: Aug 1
Last Checked: Aug 5 at 12:06PM
MLS# A4693697
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two separate one-bedroom, one-bath units, with both units currently leased. The building is frame construction and includes ceiling fans. Heating is electric and zoned, and the owner reports that water is paid by the owner. Both units have brand new mini-split AC/heat systems installed in 2025.
The property is zoned R2B and is served by public water and public sewer.
Built in 1950, this is a straightforward, well-maintained duplex opportunity with existing tenants in place.
The property is zoned R2B and is served by public water and public sewer.
Built in 1950, this is a straightforward, well-maintained duplex opportunity with existing tenants in place.
Key Highlights
- Two leased one‑bedroom, one‑bath units
- Brand‑new mini‑split AC/heat systems installed in 2025
- Zoned R2B
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 | $32.8k | $19.80 |
| − Vacancy | −$1.7k | −$1.03 |
| EGI | $31.1k | $18.77 |
| − OpEx | −$9.3k | −$5.63 |
| NOI | $21.8k | $13.14 |
1,656 SF · lease $19.80/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$310.8K
$271.9K – $362.6K
NOI $21,754 @ 7.0% cap · market cap 8.09%
Second Best
Apartment 5plus
$286.2K
$250.5K – $334.0K
NOI $20,037 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$487.0K
$426.1K – $568.1K
NOI $34,088 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
861
Businesses Nearby
Explore this area
Business Placement
Demographics for 34205, FL
33,789
Population
16,610
Households
2
Avg Household Size
44
Median Age
24%
College-Educated
87%
High-School Grad
6.5 sq mi
ZIP Area
5,198
Density / Sq Mi
$51,170
Median Household Income
$37,037
Median Earnings
$1,323
Median Rent
$236,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two leased one-bedroom, one-bath units; owner pays water and the property has brand-new mini-split AC/heat.
Where is this duplex located?
The property is located at 720 22ND Avenue W Bradenton, FL.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Two leased one‑bedroom, one‑bath units; Brand‑new mini‑split AC/heat systems installed in 2025; Zoned R2B
