Duplex with Large
A-5215 31st Street Ct E, Bradenton, FL 34203
For Sale
$389,900
Each unit provides two bedrooms and one bath, complemented by a large backyard.
Property Size1,440 SF
Price / SF$270.76
Days on Market62
Property Features for A-5215 31st Street Ct E
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Listing Agency:
SRQ INTERNATIONAL REALTY LLC
(941) 366-0106
Listed By:
Jaime Orjuela · License #3210113
(941) 284-5250
Source:
Exprealty
Added: Sep 7
Changed: Nov 7
Last Checked: Nov 6 at 9:20AM
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 SRQ INTERNATIONAL REALTY LLC
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.
This duplex contains 1,440 square feet and is configured with two bedrooms and one bathroom on each side. The property also includes a large backyard, providing additional outdoor space for occupants.
Located at A-5215 31st Street Ct E in Bradenton, Florida, the property is offered for sale and provides a two-unit residential configuration.
Located at A-5215 31st Street Ct E in Bradenton, Florida, the property is offered for sale and provides a two-unit residential configuration.
Key Highlights
- Duplex with 1,440 square feet of building area
- Two‑bedroom, one‑bath layout on each side
- Large backyard included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,917
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,340
$378.3K
Cap Rate 7%
$270,243
$270.2K
Cap Rate 9%
$210,189
$210.2K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$28.5K $19.80/SF
− Vacancy
−$1.5K −$1.03/SF
EGI
$27.0K $18.77/SF
− OpEx
−$8.1K −$5.63/SF
NOI
$18.9K $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%
$378,340
Cap Rate 7%
$270,243
Cap Rate 9%
$210,189
Alternative Uses
Best Use
Multifamily LT 5
$270.2K
$236.5K – $315.3K
NOI $18,917 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$248.9K
$217.8K – $290.4K
NOI $17,424 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$423.5K
$370.5K – $494.0K
NOI $29,642 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
159
Businesses Nearby
Explore this area
Business Placement
Demographics for 34203, FL
39,853
Population
20,709
Households
1.9
Avg Household Size
48
Median Age
26%
College-Educated
87%
High-School Grad
15.5 sq mi
ZIP Area
2,571
Density / Sq Mi
$68,030
Median Household Income
$39,829
Median Earnings
$1,437
Median Rent
$302,500
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Bradenton, FL
Properties on Market for Duplexes in Bradenton
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each unit provides two bedrooms and one bath, complemented by a large backyard.
Where is this duplex located?
The property is located at A-5215 31st Street Ct E Bradenton, FL.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Duplex with 1,440 square feet of building area; Two‑bedroom, one‑bath layout on each side; Large backyard included
