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1209 62nd Ave E, Bradenton, FL, 34203

$295/sqft·DE Loach

6 bd4 ba2,036 sqftDuplex
Listed by POWELL REALTY· Last updated · MLS# TB8539266

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Est. monthly payment
$3,599/mo
Down payment (20%)
$119,980
Property taxes
$170/mo
Rate assumed
6.8% · 30 yr
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At a glance

Multi-family
Built 1985
Assigned parking
6,403 sqft lot
Lot size
2,036 sqft
Living area

About this home

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

1209 62nd Ave E is a 1985-built home in DE Loach, Bradenton. Inside you'll find 6 bedrooms, 4 bathrooms, and 2,036 square feet of living space. Listed at $599,900 (about $295/sqft), 1 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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.

The essentials

Built
1985
Price / sqft
$295
On market
27 days
Annual tax
$2,035
Flood zone
AE
Lot
6,403 sqft
Type
Duplex

Location

1209 62nd Ave E
Bradenton, FL, 34203·34203 - Bradenton/Braden River/Lakewood Rch
Type
Duplex
Year Built
1985
Lot
6,403 sqft
Cooling
Central Air
Heating
Central, Electric, Exhaust Fan
Parking
Assigned
Days on Market
27
Ceiling Fans(s)
Eat-in Kitchen
Living Room/Dining Room Combo
Open Floorplan
Solid Surface Counters
Solid Wood Cabinets
Thermostat
Window Treatments
Lighting
Private Yard
Built-in Oven
Electric Water Heater
Ice Maker
Microwave
Range
Refrigerator
Flood Zone AE

Annual Tax (2025)

$2,035

Parcel #

6555900205

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

DE Loach

County

Manatee

MLS Area

34203 - Bradenton/Braden River/Lakewood Rch

Lot Size

6,403 sqft

Date
Event
Price
8/15/2026
Listed for sale
Source: Stellar MLS #TB8539266
$599,900
$295/sqft
Est. monthly payment$3,598/mo
Principal & interest$3,129
Property taxes$170
Insurance$300
Down payment20% · $119,980
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

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List price: $599,900
$590,000 – $599,900
98.1% – 100% of listTops out right at the list price
80% of listList price
64 of the last 127 home closings in 34203 landed at this number or higher (50%). The median one sat 33 days before it went under contract, and this one is on day 27.

Sample: 127 closed home sales in 34203 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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