1207 62nd Avenue E, Bradenton, FL 34203
Local realty services provided by:Tomlin St Cyr Real Estate Services ERA Powered
Listed by: cody powell, janice powell
Office: powell realty
MLS#:TB8533283
Source:MFRMLS
Price summary
- Price:$599,900
- Price per sq. ft.:$294.65
About this home
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 disposition 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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Home facts
- Year built:1985
- Subdivision & Development:DE LOACH
- Listing ID #:TB8533283
- Added:2 day(s) ago
- Updated:August 17, 2026 at 09:20 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Flooring:Ceramic Tile, Luxury Vinyl
- Dining Description:Eat In Kitchen, Living Room/Dining Room Combo
- Kitchen Description:Built-In Oven, Eat-in Kitchen, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Solid Surface Counters, Solid Wood Cabinets, Stone Counters
- Living area:2,036 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric, Heat Pump
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1985
- Building area:2,036 sq. ft.
- Lot area:0.09 Acres
- Construction Materials:Block, Concrete, Stucco
- Exterior Features:Fence, Sidewalk
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water - Multiple Meters, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$599,900
- Price per sq. ft.:$294.65
- Tax amount:$2,035 (2025)
Features and amenities
- Appliances:Built-in Oven, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator
- Laundry features:Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
- Amenities:BB/HS Internet Available, Cable Connected, Ceiling Fans(s), Eat-in Kitchen, Fiber Optics, Living Room/Dining Room Combo, Phone Available, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments
- Pool features:Public Pool
Parking
- Parking description:Driveway
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