1209 62ND AVE E, Bradenton, FL 34203
1209 62ND AVE E, Bradenton, FL 34203
1209 62ND AVE E, Bradenton, FL 34203
1209 62ND AVE E, Bradenton, FL 34203
1209 62ND AVE E, Bradenton, FL 34203
1209 62ND AVE E, Bradenton, FL 34203
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$ 599,900
Est. payment | /mo

6 Beds

4 Baths

2,036 SqFt


$ 599,900
Est. payment | /mo

6 Beds

4 Baths

2,036 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,036 sqft

Price per Sqft $294

Subdivision De Loach

MLS Listing ID TB8539266

Bedrooms 6

HOA Y/N No

Year Built 1985

Annual Tax Amount $2,035

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Priced at $599,900 with an estimated NOI of $38,805, this fully renovated duplex delivers a cap rate of roughly 6.5% 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 $3,890 per month in rent, 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.

Location

State FL

County Manatee

Community De Loach

Area 34203 - Bradenton/Braden River/Lakewood Rch

Zoning RDD6

Direction E

Rooms

Other Rooms Inside Utility

Interior

Interior Features Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments

Heating Central, Electric, Exhaust Fan

Cooling Central Air

Flooring Luxury Vinyl

Furnishings Unfurnished

Fireplace false

Appliance Built-In Oven, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator

Laundry Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup

Exterior

Exterior Feature Lighting, Private Yard

Parking Features Assigned

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Fiber Optics, Phone Available, Public, Sewer Connected, Water - Multiple Meters, Water Connected

View Y/N No

Water Access No

Roof Type Shingle

Porch Front Porch

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Others

Pets Allowed Cats OK, Dogs OK, Yes

Senior Community No

Pet Size Extra Large (101+ Lbs.)

Ownership Fee Simple

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Num of Pet 2

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8539266

Stellar MLS
Listed by Cody Powell POWELL REALTY

NEARBY SCHOOLS & PROPERTIES

Jennie Demas

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1209 62ND AVE E