Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Bradenton Duplex: Investor Opportunity Title is generated by Realmo AI

    807 60TH AVENUE W, Bradenton, FL 34207

    View on Map
    Claim this Listing
    New
    For Sale
    $375,000

    Duplex - BRADENTON, FL

    Type:Duplex
    Property size:
    1,500 SF
    Lot size:
    0.41 Acres
    Price / SF:
    $250/SF
    Added:
    May 16, 2026
    Days on Market:
    2
    Last Refresh:
    May 17 at 2:06 pm

    Property Features for 807 60TH AVENUE W

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    RSF4.5
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking features
    Carport
    Interior features
    Living Room/Dining Room Combo, Solid Surface Counters
    Standard status
    Active
    APN
    6005200008
    Size
    1,500 SF
    Lot size
    0.41 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4376

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1971
    Number of units
    2
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Krissy Bilbrey

    Listing agent Krissy Bilbrey License #3039119

    Listing office FINE PROPERTIES 5220 Paylor Lane, SARASOTA, FL

    Listing date May 16, 2026

    MLS# A4693646 Listing URL

    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.

    HighLights

    • Investor Opportunity: Tenants in place provide immediate rental income.
    • Centrally Located: Convenient access to schools, shopping, downtown areas, and the Sarasota/Bradenton airport.
    • Durable Construction: Block construction with a 2016 roof.
    • Low‑Maintenance Flooring: Tile flooring throughout the property.
    • Ample Parking: Dual carports with plenty of parking space.
    • Solid Surface Counters: Durable and stylish kitchen countertops.

    Overview

    This centrally located duplex in Bradenton, Florida, presents an investor opportunity with tenants currently in place. The property features tile flooring throughout. A roof was installed in 2016. Dual carports provide ample parking. The property is conveniently located near schools, shopping, vibrant downtown areas, and the Sarasota/Bradenton International Airport. The lot size is 0.41 acres. The property size is 1500 square feet. The zoning is RSF4.5.

    Financial Insights

    Value Estimation Calculated for Multifamily LT 5

    Conservative
    $218.9K
    NOI $19,705 @ 9.00% cap · cautious / downside scenario
    Moderate
    $281.5K
    NOI $19,705 @ 7.00% cap · market / base-case scenario
    Aggressive
    $394.1K
    NOI $19,705 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Multifamily LT 5

    Component $ $/SF
    Gross rent $29.7k $19.80
    − Vacancy −$1.6k −$1.03
    EGI $28.1k $18.77
    − OpEx −$8.4k −$5.63
    NOI $19.7k $13.14
    1,500 SF · lease $19.80/SF/yr · vacancy 5.22% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Multifamily LT 5
    $281.5K
    $246.3K – $328.4K (±1% cap)
    NOI $19,705 @ 7.0% cap · market cap 5.25%
    Second Best
    Apartment 5plus
    $259.3K
    $226.9K – $302.5K (±1% cap)
    NOI $18,150 @ 7.0% cap · market cap 4.84%
    Theoretical Best
    Office A
    $441.1K
    $386.0K – $514.6K (±1% cap)
    NOI $30,877 @ 7.0% cap · market cap 8.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.570098
    Latitude
    27.435218

    Nearby Similar for Sale

    • $250,000
      1,637 SF

      Turnkey Tire Service Business

      Established tire service business for sale in Bradenton, Florida.
      3501 14TH STREET W, BRADENTON, FL 34205
      View Details
    • $3,595,000
      14,500 SF

      High-Visibility Bradenton Industrial Compound

      2.4-acre industrial property with showroom, warehouse, and income potential.
      2398 63RD AVENUE E, BRADENTON, FL 34203
      View Details
    • $396,000
      1,500 SF

      Retail Space in Bradenton, FL

      Retail space for sale in the heart of Bradenton.
      1606 9TH STREET W, BRADENTON, FL 34205
      View Details
    • $1,500,000
      3,550 SF

      Bradenton Restaurant For Sale

      Restaurant building with frontage on N Tamiami Trail.
      6916 14TH STREET W, BRADENTON, FL 34207
      View Details
    • $699,000
      2,895 SF

      Mixed-Use Building in Prime Location

      2,895 sq ft commercial building in thriving Bradenton district.
      1834 TAMIAMI TRAIL, BRADENTON, FL 34205
      View Details
    • $440,000
      1,484 SF

      Bradenton Duplex: Income Opportunity

      Income-producing duplex in Bradenton, currently rented, with no HOA.
      2804 52ND AVENUE DRIVE W, BRADENTON, FL 34207
      View Details
    • $579,000
      2,280 SF

      Bradenton Duplex with Income Potential

      Well-maintained duplex in prime location with excellent income potential.
      2311 54TH AVENUE DRIVE W, BRADENTON, FL 34207
      View Details
    • $350,000
      1,889 SF

      Bradenton Duplex: Investment Opportunity

      Income-producing duplex with rental potential in a desirable Bradenton location.
      4808 19TH STREET W, BRADENTON, FL 34207
      View Details
    • $399,990
      1,774 SF

      Bradenton Duplex Near Beaches, IMG

      Duplex near beaches and IMG Academy with income potential.
      4434 19TH STREET CIRCLE W, BRADENTON, FL 34207
      View Details
    • $650,000
      2,496 SF

      Bradenton Duplex: Income-Producing Investment

      Turnkey duplex in Bradenton, offering immediate cash flow.
      4029 60TH STREET W, BRADENTON, FL 34209
      View Details
    • $425,000
      2,120 SF

      Bradenton Duplex Investment Opportunity

      Side-by-side duplex in Bradenton with immediate rental income potential.
      2710 5TH STREET E, BRADENTON, FL 34208
      View Details
    • $2,600,000
      10,524 SF

      Commercial Property in Bradenton

      Fully leased commercial property with long-term tenants in Bradenton, Florida.
      2601 MANATEE AVENUE W, BRADENTON, FL 34205
      View Details

    FAQs

    What type of property is this?
    Duplex - Centrally located duplex in Bradenton, Florida with tenants in place.
    Where is this duplex located?
    The property is located at 807 60TH AVENUE W Bradenton, FL.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Investor Opportunity: Tenants in place provide immediate rental income.; Centrally Located: Convenient access to schools, shopping, downtown areas, and the Sarasota/Bradenton airport.; Durable Construction: Block construction with a 2016 roof.
    (941) 782-0000
    We can help!
    Listing Contact
    Krissy Bilbrey
    Real Estate License ID: 3039119
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    807 60TH AVENUE W, BRADENTON, FL 34207
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!