1207 62ND AVE E, Bradenton, FL 34203
1207 62ND AVE E, Bradenton, FL 34203
1207 62ND AVE E, Bradenton, FL 34203
1207 62ND AVE E, Bradenton, FL 34203
1207 62ND AVE E, Bradenton, FL 34203
1207 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 TB8533283

Bedrooms 6

HOA Y/N No

Year Built 1985

Annual Tax Amount $2,035

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Duplex

Source Stellar MLS

Property 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.

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, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments

Heating Central, Electric, Heat Pump

Cooling Central Air

Flooring Ceramic Tile, Luxury Vinyl

Furnishings Unfurnished

Fireplace false

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

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

Exterior

Exterior Feature Fence, Private Entrance, Private Yard, Sidewalk

Parking Features Driveway

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

View Y/N No

Water Access No

Roof Type Shingle

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Private

Structure Type Block,Concrete,Stucco

New Construction false

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, VA Loan

Membership Fee Required None

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8533283

Stellar MLS
Listed by Cody Powell POWELL REALTY

Schools and Properties Nearby

Take a Closer Look

1207 62ND AVE E

Angie was absolutely amazing throughout our home-buying journey. From day one, she took the time to explain every step of the process and made sure both Jeffrey and I understood what was happening and what our options were. As first-time buyers, that guidance meant so much to us. Her communication was excellent and she was always available to answer questions, kept us informed, and made sure nothing fell through the cracks. Angie was also a fantastic negotiator. She successfully negotiated seller-paid closing costs and helped ensure that the repairs we requested were addressed, saving us both money and stress. What stood out most was how confident she made us feel throughout the entire process. She never pressured us and always took the time to help us make informed decisions that were right for our family. We truly felt like she was advocating for us every step of the way. We couldn’t have asked for a better Realtor and are so grateful for everything Angie did to help us get into our new home. We highly recommend her to anyone looking for a knowledgeable, responsive, and caring real estate professional!

Chelsea Williams

Learn More About LPT Realty

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Angie Gooden

Agent

+1(843) 576-9551 | agoodenrealtor@gmail.com

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