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$599,900
Listing Price3beds
2baths
2,036sqft
5,445sqft lot
1207 62nd Ave E, Bradenton, FL 34203
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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.nnAdding 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.nnThis 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 elevat
Interior Details
2036
3
2
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
Yes
Fuel Type:
Electric
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5445
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
Yes
No
No
Construction Details
Duplex Single
Stucco
N/A
Gable/hip
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$1,117
$0
$0
--%
$53,240
2019
$1,046
$0
$0
--%
$48,400
2017
$786
$10,000
$34,000
--%
$44,000
2017
$786
$9,395
$34,605
--%
$44,000
2016
$796
$6,101
$37,899
--%
$44,000
2014
$725
$0
$0
--%
$36,033
2013
$865
$0
$0
--%
$44,794
2012
$863
$0
$0
--%
$44,672
Average Home Price in 34203
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