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2418 51ST AVENUE DRIVE W

Multi-family Active With Contract
$349,900

BTC: 4.21566265

ETH: 143.87335526

3 days
5 bds
1,980 sqft

Overview

Virtually Staged. 24 notice for all showings. INVESTMENT OPPORTUNITY IN BRADENTON! This income-producing, concrete block duplex offers an excellent opportunity to add to your investment portfolio with tenants already in place! Located at 2418 & 2420 51st Avenue Dr W, this property features two separate residential units situated on an approximately 0.24-acre lot. Currently generating a combined $3,550 in monthly rental income, or $42,600 annually, this duplex provides immediate income potential from day one. Unit 2418 is occupied as of October 17, 2026, with a one-year lease at $1,600 per month. Unit 2420 is occupied month-to-month at $1,950 per month. Each unit pays its own utilities, offering additional appeal to investors. Both units are functional, with opportunities for cosmetic updates and future improvements. Conveniently located near shopping, dining, everyday amenities, and major roadways throughout Bradenton and the surrounding Gulf Coast communities. Whether you're an experienced investor or looking to expand your rental portfolio, this duplex offers existing rental income and future potential.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1966
Lot:
0.24 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$177
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$434,975
$343K – $494K
Confidence Low
List vs. estimate
$85K below estimate
List $349,900 · -19.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$176
-37.0% vs. city median $280
Based on
14 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,601
2025
Pets
Allowed
All facts and features
  • Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 5

  • Property

    • Levels: One

    • Exterior Features: Private Entrance / Private Mailbox

    Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 5327100003

    • Zoning: RDD6

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Available

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,601

  • Source details

    • MLS ID: TB8557790

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block / Slab

    • Laundry Features: Inside / Outside

    • Living Area: 1980

    • Water Source: Public

    • Subdivision Name: COLLEGE HEIGHTS

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT REALTY, LLC