Renovated Duplex with In-Place
For Sale
$599,900
1207 62ND Avenue E, Bradenton, FL 34203
Residential Income, BRADENTON, FL
Property Size2,036 SF
Lot Size0.09 Acres
Price / SF$294.65
Days on Market58
Property Features for 1207 62ND Avenue E
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RDD6
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 4, Dining Room, Bedroom 6
Parking features
Driveway
Window features
Insulated Windows, Double Pane Windows, Blinds, Tinted Windows, Window Treatments
Pets allowed
Yes
Interior features
Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments
Exterior features
Fence, Private Entrance, Private Yard, Sidewalk
Fencing
Fenced
Appliances
Built-In Oven, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator
Subdivision
DE LOACH
Directions
Saunders to 12th street. right at 12th street court. building on left.
Standard status
Active
APN
6555900171
Size
2,036 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 2 LESS THE W 37.15 FT DE LOACH SUB PI#65559.0017/1
Tax Annual Amount
2035
Legal Description
LOT 2 LESS THE W 37.15 FT DE LOACH SUB PI#65559.0017/1
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Heat Pump (Heating), Central
Cooling system
Central Air
Water source
Private
Building Details
Year built
1985
Floors in Building
1
Flooring type
Vinyl, Tile - Ceramic
Building materials
Block, Concrete, Stucco
Roof type
Shingle
Listing Agency:
POWELL REALTY
(904) 422-1224
Listed By:
Cody Powell · License #3232623
(904) 710-8056
Added: Aug 15
Changed: Sep 28
Last Checked: Oct 11 at 11:06PM
MLS# TB8533283
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 2,036-square-foot duplex includes two occupied residential units and has undergone a complete renovation. Improvements include updated kitchens and bathrooms, quartz countertops, solid wood cabinetry, vinyl and ceramic tile flooring, and walk-in showers in both primary bathrooms. Central heating and cooling, a shingle roof, fenced outdoor space, and driveway parking are also in place.
Built in 1985 on a 0.09-acre parcel, the property uses block, concrete, and stucco construction. It is zoned RDD6 and connected to public sewer with a private water source. The building is one of four adjacent duplex properties, with three additional buildings available separately according to the property information.
Built in 1985 on a 0.09-acre parcel, the property uses block, concrete, and stucco construction. It is zoned RDD6 and connected to public sewer with a private water source. The building is one of four adjacent duplex properties, with three additional buildings available separately according to the property information.
Key Highlights
- 2,036‑square‑foot duplex with two occupied units
- Complete renovation includes upgraded kitchens, bathrooms, quartz countertops, and solid wood cabinets
- Roof was replaced five years ago
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,746
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,920
$534.9K
Cap Rate 7%
$382,086
$382.1K
Cap Rate 9%
$297,178
$297.2K
Market Conditions
NOI Build-Up for 2,036 SF
Gross rent
$40.3K $19.80/SF
− Vacancy
−$2.1K −$1.03/SF
EGI
$38.2K $18.77/SF
− OpEx
−$11.5K −$5.63/SF
NOI
$26.7K $13.14/SF
Area
Manatee County, FL
Vacancy
5.22%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,920
Cap Rate 7%
$382,086
Cap Rate 9%
$297,178
Alternative Uses
Best Use
Multifamily LT 5
$382.1K
$334.3K – $445.8K
NOI $26,746 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$351.9K
$307.9K – $410.6K
NOI $24,635 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$598.7K
$523.9K – $698.5K
NOI $41,911 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
Explore this area
Business Placement
Demographics for 34203, FL
39,853
Population
20,709
Households
1.9
Avg Household Size
48
Median Age
26%
College-Educated
87%
High-School Grad
15.5 sq mi
ZIP Area
2,571
Density / Sq Mi
$68,030
Median Household Income
$39,829
Median Earnings
$1,437
Median Rent
$302,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two occupied units feature updated kitchens, bathrooms, quartz surfaces, and walk-in showers.
Where is this duplex located?
The property is located at 1207 62ND Avenue E Bradenton, FL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 2,036‑square‑foot duplex with two occupied units; Complete renovation includes upgraded kitchens, bathrooms, quartz countertops, and solid wood cabinets; Roof was replaced five years ago
