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1207 62nd Avenue

BRADENTON, FL 34203
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Bed 6

Bed

Bath 4

Bath

SqFt2,036

Sqft

Acres0.09

Acre(Lot)

Priced at $599,900 with an estimated NOI of $40,605, this fully renovated duplex delivers a cap rate of roughly 6.8% right out of the gate — a turnkey income property with no deferred maintenance to eat into returns. Both units are currently occupied by strong, reliable tenants generating a combined $4,040 per month in rent, with one unit at $2,095 and the other at $1,945, giving a new owner immediate and stable cash flow from day one. Adding to the opportunity, this duplex is part of a package of four buildings situated right next to one another, with three additional duplexes also available for sale. For an investor looking to scale quickly, acquiring the full grouping offers the chance to build instant density in a single location — simplifying management, maintenance, and future dis position while multiplying the income stream. Each building can be purchased individually, but the adjacency of all four makes this a rare chance to control an entire pocket of well-maintained, income-producing real estate. This is not a fixer that will drain your reserves. Both units have been taken down to the studs and completely renovated, with a roof replaced just five years ago meaning one of the largest capital expenses is already handled. Inside, the kitchens and bathrooms have been extensively upgraded and finished with quartz countertops that give the interiors a clean, modern appeal tenants are willing to pay for. Each master bathroom features a walk-in shower, adding to the elevated, move-in-ready feel that keeps quality tenants in place and turnover low. For an investor looking to add a low-maintenance, income-producing asset to their portfolio, this property checks the boxes that matter: recent capital improvements, quality finishes, and in-place tenants at market rents. Whether you purchase this building on its own or pursue the full four-building package, this is an opportunity to acquire cash-flowing real estate that's already been brought up to a high standard. Reach out today to review the financials and schedule a private showing.

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Detail Ic Property Details

Property Type : Residential Income

Price : $599,900

AD Id : 89591549

MLS Id : MFRTB8533283

Beds : 6

Lot Size : 0.09 Acre

Living Area Size : 2,036

Year Built : 1985

County : Manatee

Subdivision: De Loach

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Feature Features

  • Bedroom Information

    Total Bedroom: 6

    Bathroom Information

    Total Baths: 4

    Interior Features

    Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments Roof: Shingle Appliances: Built-In Oven, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Ceramic Tile, Luxury Vinyl Construction Materials: Block, Concrete, Stucco
  • Heating & Cooling

    Heating: Central, Electric, Heat Pump Cooling: Central Air WaterSource: Private

  • Building Information

    Year Built: 1985
  • Exterior Features

    Fence, Private Entrance, Private Yard, Sidewalk Construction Materials: Block, Concrete, Stucco Foundation Details: Slab Road Responsibility: Public Maintained Road

  • Lot Information

    Lot Square Feet: 3790 Lot Acres: 0.09 Lot Size (SqMt): 352

    Property Information

    Property Type: Residential Income Sub Type: Duplex

  • Listing Price Information

    Original List Price:$599900

  • Tax Information

    Tax Book Number: 22-117 Tax Lot: 2 Tax Legal Description: LOT 2 LESS THE W 37.15 FT DE LOACH SUB PI#65559.0017/1 Annual Tax: $2035.13 Tax Year: 2025 Parcel Number: 6555900171

  • Utility Information

    BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Phone Available, Public, Sewer Connected, Water - Multiple Meters, Water Connected Sewer: Public Sewer Water Source: Private
  • Location Information

    Subdivision: DE LOACH City: BRADENTON Direction: Saunders to 12th street. right at 12th street court. building on left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5719 14th Street, Bradenton, FL, 34203 $294,900 3 2 978 978 SqFt
5910 13th Street Court, Bradenton, FL, 34203 $369,000 6 4 1,944 1,944 SqFt
1209 62nd Avenue, Bradenton, FL, 34203 $599,900 6 4 2,036 2,036 SqFt
1211 62nd Avenue, Bradenton, FL, 34203 $2,399,900 24 16 8,144 8,144 SqFt
5617 6th Street Court #.., Bradenton, FL, 34203 $450,000 7 3 2,427 2,427 SqFt
5636 6th Street Court, Bradenton, FL, 34203 $575,000 8 4 2,756 2,756 SqFt
208 58th Avenue, Bradenton, FL, 34203 $461,000 6 4 2,206 2,206 SqFt
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ByOwner last updated this listing 08/16/2026 @ 06:20

MLS: MFRMLS #TB8533283 LISTED BY: Cody Powell, POWELL REALTY 904-422-1224 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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