Bradenton Duplex
1211 62ND AVENUE E Bradenton, FL 34203
1211 62ND AVENUE E, Bradenton, FL, 34203
$2,399,900
For Sale
$2,399,900
Duplex - BRADENTON, FL
Property Size8,144 SF
Lot Size0.09 Acres
Price / SF$294.68
Days on Market99
Property Features for 1211 62ND AVENUE E
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RDD6
- Bedrooms
- 24
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Driveway, On Street
- Security features
- Smoke Detector(s)
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
- Exterior features
- Fence, Lighting
- Fencing
- Fenced
- Appliances
- Dryer, Ice Maker, Microwave, Range, Refrigerator
- Standard status
- Active
- APN
- 6555900155
- Size
- 8,144 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2035.13
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1985
- Number of units
- 1
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
POWELL REALTY
(904) 422-1224
208 Lake Parsons Green, Brandon, FL
Listed by
Cody Powell · License #3232623
(904) 710-8056
Added: Apr 10 Checked: Jul 17 at 4:06 am
MLS# TB8496438
Listing URL
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.
Investment Insights
Based on property information with market context.
This is an eight-unit duplex portfolio located in South Bradenton, Florida. The portfolio consists of four buildings situated next to each other, with each building containing two units. Each unit features three bedrooms and two bathrooms, with a total area of 1,061 square feet. All units have been fully gutted and renovated. The roofs of all buildings have been replaced within the last five years. Each unit is individually metered, and tenants are responsible for paying all utilities separately. The total property size is 8,144 square feet, situated on a lot of 0.09 acres. Each unit has its own folio number and can be sold individually. The zoning is RDD6.
Key Highlights
- 8‑unit duplex portfolio in South Bradenton
- All units are 3 bedrooms, 2 bathrooms, and 1,061 sq ft
- All units have been fully gutted and renovated
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $189.6k | $23.28 |
| − Vacancy | −$10.4k | −$1.28 |
| EGI | $179.2k | $22.00 |
| − OpEx | −$80.6k | −$9.90 |
| NOI | $98.5k | $12.10 |
8,144 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.41M
$1.23M – $1.64M
NOI $98,541 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.39M
$2.10M – $2.79M
NOI $167,643 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Eight renovated units in four buildings, South Bradenton.
Where is this apartment building located?
The property is located at 1211 62ND AVENUE E Bradenton, FL.
What is the asking price?
The asking price for this property is $2,399,900.
What are key features of this property?
This property features: 8‑unit duplex portfolio in South Bradenton; All units are **3 bedrooms, 2 bathrooms, and 1,061 sq ft**; All units have been **fully gutted and renovated**
