TAMPA, FL 33604

Property

Ownership: Sole Proprietor
Type: Unknown
Lot Size: 0.3 Acres

Financials

Price:$995,000
Annual Taxes:$3,823
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of KELLER WILLIAMS TAMPA PROP.

Rare opportunity to acquire a fully occupied 10 unit income property in central Tampa producing immediate rental income.

Description

Rare opportunity to acquire a fully occupied 10-unit income property in central Tampa producing immediate rental income. The property features a unique layout consisting of a 2-bedroom/1-bath home, an attached 1-bedroom/1-bath unit, and eight private studio apartments — each with its own kitchen and bathroom. Most units have been updated, providing a strong operational foundation with limited near-term capital improvements required. The property has a consistent occupancy history and serves the area’s continued demand for affordable rental housing. Building systems include a combination of metal and shingle roofing, multiple HVAC types (central air, mini-splits, and wall units), and installed leak-detection devices throughout the units to help reduce maintenance risk. This asset offers immediate cash flow with additional upside potential through operational efficiencies, rent adjustments over time, and the future addition of on-site laundry income. Centrally located with convenient access to major roadways, employment centers, and neighborhood retail, the property benefits from steady tenant demand.

Amenities

  • Public

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.