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.
Features
- Heating System:
- Central, Electric, Exhaust Fan
- Cooling System:
- Central Air
- Patio:
- Front Porch
- Parking:
- Assigned
- Exterior Features:
- Lighting, Private Yard
- Flooring:
- Luxury Vinyl
- Interior Features:
- Ceiling Fans(s), Open Floorplan, Thermostat, Living Room/Dining Room Combo, Eat-in Kitchen, Window Treatments, Solid Wood Cabinets, Solid Surface Counters
- Laundry Features:
- Inside, Laundry Room, Electric Dryer Hookup, Washer Hookup
- Sewer:
- Public Sewer
- Utilities:
- Cable Available, Public, Electricity Connected, Phone Available, Sewer Connected, Water Connected, BB/HS Internet Available, Fiber Optics, Water - Multiple Meters
- Window Features:
- Double Pane Windows, Blinds, Window Treatments, Thermal Windows, Tinted Windows
Appliances
- Appliances:
- Range, Refrigerator, Electric Water Heater, Microwave, Built-In Oven, Ice Maker
Address Map
- Country:
- US
- State:
- FL
- County:
- Manatee
- City:
- Bradenton
- Subdivision:
- DE LOACH
- Zipcode:
- 34203
- Street:
- 62ND
- Street Number:
- 1209
- Street Suffix:
- AVENUE
- Longitude:
- W83° 26' 59.9''
- Latitude:
- N27° 25' 51.6''
- Directions:
- Saunders to 12th Street. right at 12th street court e.
- Mls Area Major:
- 34203 - Bradenton/Braden River/Lakewood Rch
- Street Dir Suffix:
- E
- Zoning:
- RDD6
Additional Information
- Water Source:
- Public
- Virtual Tour:
- https://www.propertypanorama.com/instaview/stellar/TB8539266
- On Market Date:
- 2026-08-15
- Levels:
- One
- Foundation Details:
- Slab
- Construction Materials:
- Block, Stucco
- Building Size:
- 2036
Financial
- Tax Annual Amount:
- 2035.13
Listing Information
- Co List Agent Full Name:
- Janice Powell
- Co List Agent Mls Id:
- 261543129
- Co List Office Mls Id:
- 777494
- Co List Office Name:
- POWELL REALTY
- List Agent Mls Id:
- 261545497
- List Office Mls Id:
- 777494
- Listing Term:
- Cash, Conventional, VA Loan
- Mls Status:
- Active
- Modification Timestamp:
- 2026-08-16T10:47:22Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2026-08-15T18:45:03Z
Residential Income For Sale
1209 62nd Ave E, Bradenton, Florida 34203
6 Bedrooms
4 Bathrooms
2,036 Sqft
$599,900
Listing ID #TB8539266
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- TB8539266
- Price :
- $599,900
- Bedrooms :
- 6
- Bathrooms :
- 4
- Square Footage :
- 2,036 Sqft
- Year Built :
- 1985
- Lot Area :
- 0.15 Acre
- Property Sub Type :
- Duplex
- Roof:
- Shingle
