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$599,900

For Sale

2 days ago

1207 62Nd Ave E, Bradenton, FL

House

MLS® TB8533283

6 Bed

4 Bath

2036 sqft

Key Facts
Description
Map

Key Facts

Type Duplex

Levels Residential Income

Size 2036 sqft

Garage

Taxes $2,035

Days Active 2

Lot Size 0.09 Acres

Approx. Age 1985

Avg. Price Per Sqft $294

MLS® Number TB8533283

Property Address: 1207 62nd Ave E, Bradenton, FL, 34203-7758

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® NumberTB8533283

Laundry LevelEnsuite

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1985

Basement

DrivewayDriveway

Garage Spaces

HeatCentral, Electric, Heat Pump

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 15, 2026List Date

$599,900List Price

Jul 15, 2026End Date

$1,945Sold Price

Leased

Jul 9, 2026List Date

$1,945List Price

Commute

Commute

Starting Address

Destination Address

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