Two-Unit Duplex Near Gulf
For Sale
$420,000
Pending
A-4506 86th St W, Bradenton, FL 34209
Tenant-occupied residential income property with two separate units, private garages, and convenient access to area shopping and dining.
Property Size1,568 SF
Days on Market43
Property Features for A-4506 86th St W
General Information
Standard status
Pending
Size
1,568 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$4,839
Listing Agency:
MARK SPAIN REAL ESTATE
(855) 299-7653
Listed By:
Chris Sakamoto · License #3547066
(904) 200-7535
Source:
Exprealty
Added: Sep 4
Changed: Oct 10
Last Checked: Oct 15 at 12:25AM
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 MARK SPAIN REAL ESTATE
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at A-4506 86th St W in Bradenton, this 1,568-square-foot duplex contains two independent residential units. Each unit offers 2 bedrooms, 1 bathroom, and its own garage, creating a consistent two-bedroom layout across the property. Tenants are already in place, providing an established occupancy profile for the next owner.
The property is positioned 3 miles from the Gulf beaches and provides access to shopping, dining, entertainment, and everyday services in the surrounding Bradenton area. Its two-unit configuration and separate garages support practical residential use while offering an income-producing format for an owner seeking a multifamily asset.
The property is positioned 3 miles from the Gulf beaches and provides access to shopping, dining, entertainment, and everyday services in the surrounding Bradenton area. Its two-unit configuration and separate garages support practical residential use while offering an income-producing format for an owner seeking a multifamily asset.
Key Highlights
- 1,568‑square‑foot duplex with two separate residential units
- Each unit includes 2 bedrooms and 1 bathroom
- Private garage provided for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,598
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,960
$412.0K
Cap Rate 7%
$294,257
$294.3K
Cap Rate 9%
$228,867
$228.9K
Market Conditions
NOI Build-Up for 1,568 SF
Gross rent
$31.0K $19.80/SF
− Vacancy
−$1.6K −$1.03/SF
EGI
$29.4K $18.77/SF
− OpEx
−$8.8K −$5.63/SF
NOI
$20.6K $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%
$411,960
Cap Rate 7%
$294,257
Cap Rate 9%
$228,867
Alternative Uses
Best Use
Multifamily LT 5
$294.3K
$257.5K – $343.3K
NOI $20,598 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$271.0K
$237.2K – $316.2K
NOI $18,972 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$461.1K
$403.5K – $538.0K
NOI $32,277 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Explore this area
Business Placement
Demographics for 34209, FL
32,940
Population
18,896
Households
1.7
Avg Household Size
58
Median Age
36%
College-Educated
93%
High-School Grad
12.6 sq mi
ZIP Area
2,614
Density / Sq Mi
$80,829
Median Household Income
$41,649
Median Earnings
$1,847
Median Rent
$357,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied residential income property with two separate units, private garages, and convenient access to area shopping and dining.
Where is this duplex located?
The property is located at A-4506 86th St W Bradenton, FL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 1,568‑square‑foot duplex with two separate residential units; Each unit includes 2 bedrooms and 1 bathroom; Private garage provided for each unit
