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$599,900
$295/sqft
HOA: NoneTaxes: $2,035/yr0d on market

De Loach

1209 62ND AVE E, BRADENTON, FL, 34203

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6 Beds|4 Baths|2,036 Sq Ft|Built 1985
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🔥 Just listed — this home matches what most buyers are looking for in this area.

C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

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Why this home stands out

  • Updated today

Buyer Insights are informational only — always verify with your agent.

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.

Subdivision
DE LOACH
County
Manatee
Zip Code
34203
Community
Oneco Gardens

Neighborhood

Map unavailable

Type
Duplex
Living Area
2,036 sqft
Construction
Block, Stucco
Roof
Shingle
Flooring
Luxury Vinyl
Pool
No
HOA
None
  • 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
  • Electric Dryer Hookup
  • Inside
  • Laundry Room
  • Washer Hookup
  • Front Porch
  • Bb/hs Internet Available
  • Cable Available
  • Electricity Connected
  • Fiber Optics
  • Phone Available
  • Public
  • Sewer Connected
  • Water - Multiple Meters
  • Water Connected
Bedrooms
6
Bathrooms
4
Year Built
1985
Construction
Block, Stucco
Flooring
Luxury Vinyl
Roof
Shingle
Garage Spaces
0
Cooling
Central Air
Heating
Central, Electric, Exhaust Fan
Waterfront
No
Pet Restrictions
Cats Ok, Dogs Ok, Yes
Lot Size
0.15 acres
Senior Community
No
Building Elevator
Pet Size
Extra Large (101+ Lbs.)
# of Pets
2
Max Pet Weight
101 lbs
Tax Year
2025
Annual Tax Amount
$2,035
No HOA fees on this listing.
Down Payment20% — $119,980
Interest Rate6.50%
Loan Term
Est. Mortgage
$3,033
HOA Fee
$0
Est. Property Tax
$170
Est. Insurance
$200
Total Est. Monthly Cost$3,403

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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