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Active - Duplex for sale

1209 62ND AVENUE E, Bradenton, FL

6 bds|2,036 sqft

Facts & features

Duplex Property type
91 days on Beycome
1985 Year built
$295 Price/Sqft.
6,403 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of POWELL REALTY as distributed by MLS GRID.

Listed by: Cody Powell • cody@powellrealty.com • POWELL REALTY

Co-listed by: Janice Powell • POWELL REALTY

Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8539266 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 2:01 PM EST.

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Affordability

$390,000$810,000
1%20%
0%90%
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Estimated monthly payment

$3,203/mo

  • Mortgage$3,033
  • Property tax$170
  • HOA fee
  • Homeowners insurance
Due at closing$476,921
Down payment held in escrow$119,980
Closing costs$8,999
beycome credit Est.$11,998

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About De Loach

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. 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.

$599,900 Listed price

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$11,998 Credit back

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