$1,700,000
Active · 28 days on market · MLS# MFRTB8396205
| Bedrooms | 12 |
|---|---|
| Living area | 6,936 sq ft |
| Lot size | 0.72 acres |
| Year built | 1965 |
| Property type | Multi Family |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $2,996 |
| County | Hillsborough |
Seller financing available! This is a rare chance to acquire an entire block of income-producing real estate in the heart of Tampa, Florida, just minutes from USF. The portfolio includes six buildings totaling 12 one-bedroom, one-bathroom units, most of which have been extensively remodeled to meet modern living standards and aesthetic appeal. Currently generating an average rental income of approximately $1,350 per unit, this property offers strong cash flow and high tenant demand. Additionally, the site holds significant future development potential—with Tampa’s ongoing growth, the existing structures could be replaced with townhomes or higher-density housing to maximize long-term returns. The property comes with no rental restrictions, allowing full flexibility for long-term leasing, short-term rentals, or Airbnb. BONUS: An additional three buildings (six more units) are available, providing the opportunity to expand your portfolio to 18 units across 9 buildings.
Listing courtesy of Aldo Delacruz, KELLER WILLIAMS SOUTH TAMPA. Presented by MC Homes Realty Inc · 727432218.