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.
For sale
$599,900
1207 62ND AVENUE E, BRADENTON, FL 34203
6beds
4baths
2,036sqft
Duplex, Multi Family
Built in 1985
-- sqft lot
$-- Zestimate®
$295/sqft
$-- HOA
What's special
Quality finishesMove-in-ready feelQuartz countertopsClean modern appeal
- 76 days
- 97
- 6
Zillow last checked:
Listing updated:
Listed by:
Cody Powell 904-710-8056,
POWELL REALTY 904-422-1224,
Janice Powell 904-422-1224,
POWELL REALTY
Source: Stellar MLS,MLS#: TB8533283
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Rooms
- Room types: Utility Room
Heating
- Central, Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Oven, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Features
- Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat
- Flooring: Ceramic Tile, Luxury Vinyl
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total interior livable area: 2,036 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Private Entrance, Private Yard, Sidewalk
- Fencing: Fenced
Lot
- Size: 3,790 Square Feet
Details
- Additional parcels included: 6555900155
- Parcel number: 6555900171
- Zoning: RDD6
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block, Concrete, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Private
- Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Phone Available, Public, Sewer Connected, Water - Multiple Meters, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: DE LOACH
HOA
- Has HOA: No
Location
- Region: Bradenton
Financial & listing details
- Price per square foot: $295/sqft
- Tax assessed value: $127,737
- Annual tax amount: $2,035
- Date on market: 8/15/2026
- Cumulative days on market: 76 days
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 4040
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2026 | Listed for sale | $599,900+1295.1%$295/sqft |
Source: | ||
| 7/17/2026 | Listing removed | $1,945$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/30/2026 | Price change | $1,945-2.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/18/2026 | Price change | $1,995+5.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/15/2026 | Price change | $1,895-9.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/15/2026 | Price change | $2,095+5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/9/2026 | Price change | $1,995-4.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/6/2026 | Listed for rent | $2,095$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/1/2015 | Sold | $43,000$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,035 -2.8% | $127,737 -3.2% |
| 2024 | $2,093 -1.5% | $132,019 |
| 2023 | $2,125 +48.8% | $132,019 +104.9% |
| 2022 | $1,429 +16.7% | $64,420 +10% |
| 2021 | $1,224 +9.5% | $58,564 +10% |
| 2020 | $1,117 +6.8% | $53,240 +10% |
| 2019 | $1,046 | $48,400 +10% |
| 2018 | $1,046 +27% | $44,000 |
| 2017 | $824 +13.6% | $44,000 |
| 2016 | $725 | $44,000 +3.5% |
| 2015 | $725 | $42,517 +18% |
| 2014 | $725 -16.3% | $36,033 -19.6% |
| 2013 | $866 +86487% | $44,794 +0.3% |
| 2012 | $1 | $44,672 -1.3% |
| 2011 | $1 | $45,245 -6% |
| 2010 | -- | $48,120 -16% |
| 2009 | $1,059 +3.8% | $57,262 -10.8% |
| 2008 | $1,020 -3.3% | $64,170 -0.6% |
| 2007 | $1,055 -3.9% | $64,585 +3.4% |
| 2006 | $1,098 +3.2% | $62,446 +5.2% |
| 2005 | $1,064 +24% | $59,372 +25.8% |
| 2004 | $858 +4.8% | $47,202 +6.6% |
| 2003 | $818 +18.5% | $44,268 +13.9% |
| 2002 | $691 +1.5% | $38,865 |
| 2001 | $681 +11.9% | $38,865 +28.6% |
| 2000 | $608 | $30,233 |
Find assessor info on the county website
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