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1207 62ND Avenue E
BRADENTON FL 34203 US

$599,900

Active Listing ID TB8533283
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6 bed
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2,036 square feet
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4.00 Bath (4 Full)
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Lot: 0.09 Acres
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Duplex

$599,900

Active Listing ID TB8533283
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1207 62ND Avenue E 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.

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Property Features

  • Facts
  • Lot Size: 0.09 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air
  • Exterior Finish: Fence, Private Entrance, Private Yard, Sidewalk
  • Floor Covering: Vinyl, Tile - Ceramic
  • Roof Type: Shingle
  • Heating Fuels: Heat Pump (Heating), Electric (Heating), Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 599900
  • unparsedaddress: 1207 62ND Avenue E
  • postalcity: BRADENTON
  • stateorprovince: FL
  • country: US
  • postalcode: 34203
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.09
  • lotsizeunits: Acres
  • lotsizearea: 0.09
  • livingarea: 2036
  • livingareaunits: Square Feet
  • latitude: 27.430967
  • longitude: -82.550373
  • listagentfullname: Cody Powell
  • listagentemail: cody@powellrealty.com
  • listagentkey: 3yd-MFRMLSFL-261545497
  • listagentmlsid: 261545497
  • listagentpreferredphone: 9047108056
  • listagentofficephone: 9047108056
  • listofficekey: 3yd-MFRMLSFL-777494
  • listofficemlsid: 777494
  • disclaimer: Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1985
  • listingcontractdate: 2026-08-15
  • listagentfax: 8134092086
  • listagenturl: http://www.jpowellenterprises.com
  • countyorparish: Manatee
  • parcelnumber: 6555900171
  • appliances: Built-In Oven, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator
  • cooling: Central Air
  • constructionmaterials: Block, Concrete, Stucco
  • flooring: Vinyl, Tile - Ceramic
  • heating: Heat Pump (Heating), Electric (Heating), Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Driveway
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments
  • exteriorfeatures: Fence, Private Entrance, Private Yard, Sidewalk
  • windowfeatures: Tinted Windows, Window Treatments, Blinds, Insulated Windows, Double Pane Windows
  • rooms: Bedroom 4, Bathroom 1, Dining Room, Bedroom 6, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 3
  • utilities: Phone Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -82.55037, 27.430967
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"J. Powell Enterprises, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"cody@powellrealty.com", "ListBrokerageCity":"Brandon", "ListBrokerageCountry":"US", "ListBrokerageEmail":"codypowell@jpowellenterprises.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"J. Powell Enterprises, LLC", "ListBrokeragePhone":"(904) 710-8056", "ListBrokeragePostalCode":"33511", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"208 Lake Parsons Green", "ListBrokerageWebsiteUrl":"http://www.jpowellenterprises.com", "ListOfficeAddress1":"208 Lake Parsons Green", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"777494", "ListOfficeCity":"Brandon", "ListOfficeCountry":"US", "ListOfficeEmail":"janice@powellrealty.com", "ListOfficePostalCode":"33511", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - BRADENTON, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1207-62nd-Ave-E_Bradenton_FL_34203_M68138-62528?f=listhub&s=MFRMLSFL&m=TB8533283&c=rexren", "MLSModificationTimestamp":"2026-08-16 10:47:10", "Neighborhoods":[{"Description":null, "Name":"DE LOACH"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2035, "TaxDescription":"LOT 2 LESS THE W 37.15 FT DE LOACH SUB PI#65559.0017/1", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/17/2026 10:16:49 PM GMT
Source Updated Date: 8/27/2026 12:33:51 PM GMT

Courtesy of: Cody Powell, POWELL REALTY, cody@powellrealty.com

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.