About This Home

This 6-bedroom, 4-bathroom multi-family at 1209 62ND Avenue E in Bradenton, FL is listed for $599,900 ($295 per sqft). Built in 1985, the home offers 2,036 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1985
  • 0.15 acre lot

Property Details

1 story
4 full
1985

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$3,208/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

1209 62ND Avenue E

Bradenton, FL 34203

DE LOACH

Features & Amenities

Interior Features

Ceiling Fans(s)Eat-in KitchenLiving Room/Dining Room ComboOpen FloorplanSolid Surface CountersSolid Wood CabinetsThermostatWindow Treatments

Exterior Features

LightingPrivate Yard

Property Details

Flooring

Vinyl

Construction

Block Stucco

Outdoor Features

Porch

Parking

Assigned

Heating

Exhaust Fan (Heating)Electric (Heating)Central

Cooling

Central Air

Appliances

Built-In OvenElectric Water HeaterIce MakerMicrowaveRangeRefrigerator

Questions & Answers

This 6-bedroom, 4-bathroom multi-family at 1209 62ND Avenue E is listed at $599,900 ($295/sqft). The estimated monthly payment is $3,208 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1985, 0.15 acre lot. Interior Features: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo. Exterior Features: Lighting, Private Yard.

This property is listed by Cody Powell and can be reached at 9047108056.

CP

Cody Powell

Agent at J. Powell Enterprises, LLC

(904) 710-8056
Agent website

Listed by J. Powell Enterprises, LLC · Broker phone: (904) 710-8056 · View on Broker Site · Broker website

MLS# TB8539266· Source: Stellar MLS· 61 days on PropertySimple

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.

1209 62ND Avenue E, Bradenton, FL 34203

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