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1209 62ND Avenue E
BRADENTON FL 34203 US

$599,900

Active Listing ID TB8539266
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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: 0.15 Acres
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Duplex

$599,900

Active Listing ID TB8539266
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1209 62ND Avenue E 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.

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Property Features

  • Facts
  • Lot Size: 0.15 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air
  • Exterior Finish: Lighting, Private Yard
  • Floor Covering: Vinyl
  • Roof Type: Shingle
  • Heating Fuels: Electric (Heating), Central, Exhaust Fan (Heating)
  • Additional Features
  • Patio

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 599900
  • unparsedaddress: 1209 62ND Avenue E
  • postalcity: BRADENTON
  • stateorprovince: FL
  • country: US
  • postalcode: 34203
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.15
  • lotsizeunits: Acres
  • lotsizearea: 0.15
  • livingarea: 2036
  • livingareaunits: Square Feet
  • latitude: 27.431001
  • longitude: -82.55002
  • 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: 6555900205
  • appliances: Built-In Oven, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator
  • cooling: Central Air
  • constructionmaterials: Block, Stucco
  • flooring: Vinyl
  • heating: Electric (Heating), Central, Exhaust Fan (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Assigned
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
  • exteriorfeatures: Lighting, Private Yard
  • windowfeatures: Blinds, Window Treatments, Tinted Windows, Double Pane Windows
  • rooms: Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 4, Dining Room, Bedroom 2, Bedroom 6, Bedroom 3, Bathroom 3, Bedroom 4
  • utilities: Cable Available
  • patioandporchfeatures: Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -82.55002, 27.431002
  • 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/1209-62nd-Ave-E_Bradenton_FL_34203_M68172-53729?f=listhub&s=MFRMLSFL&m=TB8539266&c=rexren", "MLSModificationTimestamp":"2026-08-16 10:47:22", "Neighborhoods":[{"Description":null, "Name":"DE LOACH"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2035, "TaxDescription":"LOT 3 DE LOACH SUB; LESS THE FOL: BEG AT THE SE COR OF SD LOT 3; TH S 89 DEG 58 MIN 49 SEC W ALG S LN OF SD LOT 3 91.56 FT; TH S 45 DEG 42 MIN 22 SEC W ALG SD S LN A DIST OF 57.98 FT TO THE MOST SLY COR OF SD LOT 3, SD COR BEING ON THE R/W LN OF 12TH ST CT E; TH NWLY ALG SD R/W LN , BEING A CURVE, CONCAVE TO THE SW HAVING A RADIUS OF 50.00 FT & A D/A OF 24 DEG 51 MIN 59 SEC, AN ARC DIST OF 21.70 FT; TH N 45 DEG 42 MIN 22 SEC E 83.62 FT; TH N 63 DEG 29 MIN 48 SEC E 95.71 FT TO A PT ON THE E LN OF SD LOT 3; TH S 0 DEG 01 MIN 02 SEC E ALG SD E LN 78.14 FT TO THE POB AS DESC IN OR 1124 P 1296 PRMCF PI#65559.0020/5", "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.