$599,900

1209 62nd Ave EBradenton, FL 34203

  • 6 beds
  • 4 baths
  • 2,036 sqft
  • 0.15 acres
  • 82 days on market

About this home

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.

Virtual tour

Facts

Property type
Duplex
Year built
1985
Lot size
6,403 sqft
Pool
No
Waterfront
No
Subdivision
DE LOACH
Community
Oneco Gardens
County
Manatee
CDD
0
Annual taxes
$2,035 (2025)
Flood zone
AE
Pets
Cats OK, Dogs OK, Yes
New construction
No
MLS #
TB8539266

Features

Interior
Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
Appliances
Built-In Oven, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator
Flooring
Luxury Vinyl
Heating
Central, Electric, Exhaust Fan
Cooling
Central Air
Exterior
Lighting, Private Yard
Patio & porch
Front Porch
Parking
Assigned
Construction
Block, Stucco
Roof
Shingle
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Fiber Optics, Phone Available, Public, Sewer Connected, Water - Multiple Meters, Water Connected
Water
Public
Sewer
Public Sewer

Location

Stellar MLS Listing courtesy of POWELL REALTY. MLS # TB8539266.

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Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS. Last updated: 2026-11-04 10:44 PM EST.