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Listed price in listed location currency (USD).
$599,900

640

MLS® TB8533283

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 2036 sqft
Garage 
Taxes $2,035
Days Active 0
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

Last Sold Price

$1,945$1.9K

Appreciation

--

Avg. Days Listed

5 days

Today, For Sale for $599,900

Kitchen - Unit 1207
For Sale · 0 days

$599,900

MLS® TB8533283

2 hours ago

Not Sold Yet

August 2026, For Sale for $599,900

Kitchen - Unit 1207
For Sale · 0 days

$599,900

MLS® TB8533283

2 hours ago

Not Sold Yet

July 2026, Leased for $1,945

Brand new Kitchen w/ quartz countertop!
Leased · 5 days

$1,945

MLS® TB8527344

A month ago

Sold on Jul 15, 2026

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