$599,900
1209 62nd Avenue
Bradenton, FL 34203
Listing updated: August 15, 2026 at 7:43 PM ET
Listing courtesy of Powell Realty · Cody Powell · MLS #TB8539266 · Active · 904-422-1224Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history0 days on market
- Status: ActiveAug 15, 2026
- Listed$599,900Aug 15, 2026
- Price increased$599,900
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 0
- Subdivision
- De Loach
- County
- Manatee
- Year built
- 1985
- Living area
- 2,036 sq ft
- Price/sq ft
- $295
- Lot size
- 6,403 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12081C0316F)
- Annual taxes
- $2,035 (2025)
- Parcel #
- 6555900205
- Zoning
- RDD6
- MLS #
- TB8539266
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Interior Details
- Bedrooms
- 6
- Flooring
- Luxury Vinyl
- Appliances
- Built-In Oven, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
- Laundry
- Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
- Stories / Levels
- One
Heating & Cooling
- Heating
- Central, Electric, Exhaust Fan
- Cooling
- Central Air
Parking
- Parking features
- Assigned
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- none
- Approval process
- none
Exterior & Construction
- Exterior features
- Lighting, Private Yard
- Construction materials
- Block, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Fiber Optics, Phone Available, Public, Sewer Connected, Water - Multiple Meters, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK, Yes
Listing Details
- Listing date
- 2026-08-15
- On market date
- 2026-08-15
- Original list price
- $599,900
- Occupant type
- Tenant
- MLS area
- 34203 - Bradenton/Braden River/Lakewood Rch
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-08-15
- Tax legal description
- 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
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Saunders to 12th Street. right at 12th street court e.
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Listing provided by Stellar MLS
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of August 15, 2026 at 7:43 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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