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Duplex with Open Floorplan
For Sale
$275,000
Pending

913 915 32ND AVENUE E, Bradenton, FL 34208

Central air and an eat-in kitchen are among the listed interior features.

Property Size1,944 SF
Days on Market19

Property Features for 913 915 32ND AVENUE E

General Information

Standard status Pending
Size 1,944 SF
Property subtype Residential Income
Zoning RSF6

Taxes and HOA fees

Annual Taxes $3,556

Amenities

Central Air
Central
Eat-in Kitchen, Open Floorplan
Driveway, Open

Building Details

Building Size 1,944 SF
Year Built 1981
Listing Agency: WAGNER REALTY
Listed By: Maryann Lawler Garcia · License #3029405
Source: Evrealestate
Added: Sep 25 Changed: Oct 11 Last Checked: Oct 12 at 7:23PM

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 WAGNER REALTY

Investment Insights

Based on property information with market context.

This duplex is identified at 913 and 915 32nd Avenue E. Interior features include central air, an open floorplan, and an eat-in kitchen; the exterior includes an open driveway. The property was built in 1981 and is zoned RSF6.

Key Highlights

  • Duplex at 913 and 915 32nd Avenue E
  • 1,944 property size
  • Built in 1981

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,522
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,440 $470.4K
Cap Rate 7%
$336,029 $336.0K
Cap Rate 9%
$261,356 $261.4K
Market Conditions
NOI Build-Up for 1,944 SF
Gross rent
$45.3K $23.28/SF
− Vacancy
−$2.5K −$1.28/SF
EGI
$42.8K $22.00/SF
− OpEx
−$19.2K −$9.90/SF
NOI
$23.5K $12.10/SF
Area
Manatee County, FL
Vacancy
5.50%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,440
Cap Rate 7%
$336,029
Cap Rate 9%
$261,356

Alternative Uses

Best Use
Multifamily LT 5
$364.8K
$319.2K – $425.6K (±1% cap)
NOI $25,537 @ 7.0% cap · market cap 9.29%
Second Best
Apartment 5plus
$336.0K
$294.0K – $392.0K (±1% cap)
NOI $23,522 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$571.7K
$500.2K – $667.0K (±1% cap)
NOI $40,017 @ 7.0% cap · market cap 14.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Grocery & Convenience Store Food Market Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

624
Businesses Nearby

Demographics for 34208, FL

38,522
Population
17,056
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
80%
High-School Grad
16.5 sq mi
ZIP Area
2,335
Density / Sq Mi
$59,899
Median Household Income
$37,489
Median Earnings
$1,409
Median Rent
$303,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Central air and an eat-in kitchen are among the listed interior features.
Where is this duplex located?
The property is located at 913 915 32ND AVENUE E Bradenton, FL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Duplex at 913 and 915 32nd Avenue E; 1,944 property size; Built in 1981
More about this property
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