Oneco Terrace Real Estate

Welcome to Oneco Terrace, a hidden gem nestled in the heart of East Bradenton, Florida. This charming subdivision offers an inviting blend of suburban tranquility and vibrant community living, making it an ideal choice for families, retirees, and everyone in between.

Oneco Terrace boasts a variety of well-maintained homes that reflect the warm, welcoming spirit of the Sunshine State. With tree-lined streets and beautifully landscaped yards, this neighborhood is perfect for evening strolls or morning jogs. Residents enjoy a strong sense of community, with friendly neighbors and local gatherings that promote connections and camaraderie.

Conveniently located in Manatee County, Oneco Terrace is just a stone's throw away from the lively downtown Bradenton area, where you can explore an array of shops, restaurants, and cultural attractions. The nearby Manatee River offers opportunities for fishing, boating, and enjoying picturesque waterfront views. For those who love the beach, the stunning Gulf Coast is just a short drive away, providing endless opportunities for sunbathing, swimming, and seaside adventures.

Families will appreciate the proximity to quality schools and recreational facilities, ensuring that educational and leisure needs are met. With its perfect blend of convenience, community spirit, and natural beauty, Oneco Terrace is not just a place to live; it’s a place to thrive. Come discover the enchanting lifestyle that awaits you in this delightful East Bradenton neighborhood!

$599,900

6 Beds ⋅ 4 Baths ⋅ Oneco Terrace SubDv. ⋅ 34203 Zip Code

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.

1207 62nd Avenue E, Bradenton

Oneco Terrace Real Estate

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