1207 62nd Ave E Bradenton, FL 34203
Oneco NeighborhoodEstimated payment $3,480/month
Highlights
- Stone Countertops
- No HOA
- Eat-In Kitchen
- Private Yard
- Thermal Windows
- Solid Wood Cabinet
About This Home
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.
Listing Agent
POWELL REALTY Brokerage Phone: 813-843-8311 License #3232623 Listed on: 08/15/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,035
Year Built
- Built in 1985
Lot Details
- 3,790 Sq Ft Lot
- Private Entrance
- Fenced
- Private Yard
Parking
- Driveway
Home Design
- Duplex
- Slab Foundation
- Shingle Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 2,036 Sq Ft Home
- Ceiling Fan
- Thermal Windows
- Double Pane Windows
- Insulated Windows
- Tinted Windows
- Blinds
- Combination Dining and Living Room
- Inside Utility
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Range
- Recirculated Exhaust Fan
- Microwave
- Ice Maker
- Stone Countertops
- Solid Wood Cabinet
Flooring
- Ceramic Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Thermostat
- Electric Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 2
- Assessor Parcel Number 6555900171
Community Details
Overview
- No Home Owners Association
- 2 Units
- Oneco Terrace Community
- De Loach Subdivision
Pet Policy
- Pets Allowed
Building Details
- Gross Income $48,480
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $2,035 | $127,737 | $17,850 | $109,887 |
| 2025 | $2,035 | $127,737 | $17,850 | $109,887 |
| 2024 | $2,093 | $132,019 | $17,850 | $114,169 |
| 2023 | $2,125 | $132,019 | $17,850 | $114,169 |
| 2022 | $1,429 | $112,442 | $17,500 | $94,942 |
| 2021 | $1,175 | $83,960 | $17,500 | $66,460 |
| 2020 | $1,117 | $75,063 | $15,000 | $60,063 |
| 2019 | $1,046 | $70,140 | $10,000 | $60,140 |
| 2018 | $824 | $44,000 | $10,000 | $34,000 |
| 2017 | $787 | $44,000 | $0 | $0 |
| 2016 | $797 | $44,000 | $0 | $0 |
| 2015 | $725 | $42,517 | $0 | $0 |
| 2014 | $725 | $36,033 | $0 | $0 |
| 2013 | $866 | $44,794 | $5,000 | $39,794 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/15/2026 08/15/26 | For Sale | $599,900 | 0.0% | $295 / Sq Ft |
| 07/18/2026 07/18/26 | Rented | $1,945 | 0.0% | -- |
| 07/15/2026 07/15/26 | Under Contract | -- | -- | -- |
| 07/09/2026 07/09/26 | For Rent | $1,945 | +49.6% | -- |
| 09/25/2020 09/25/20 | Rented | $1,300 | 0.0% | -- |
| 09/08/2020 09/08/20 | Under Contract | -- | -- | -- |
| 08/06/2020 08/06/20 | For Rent | $1,300 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $297,000 | Tampa Bay Title | |
| Warranty Deed | $43,000 | None Available | |
| Special Warranty Deed | $726,000 | Attorney |
About the Listing Agent
Cody holds a Bachelor of Science in Business Administration with a concentration on Entrepreneurship from the U.S. News national ranked University of North Florida. He joined forces with his mother and long-time mentor in 2009. His desire was to use his education to assist and facilitate the continued growth of Powell Realty with his specialized knowledge and education. He acts as one of its Principal's and is the head of the acquisitions and development portion of the firm. He has a passion
Cody's Other Listings
Source: Stellar MLS
MLS Number: TB8533283
APN: 65559-0017-1
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Ask me questions while you tour the home.