TAMPA, FL 33614

Property

Ownership: Fee Simple
Type: Unknown
Bedrooms: 12 BR
Bathrooms: 12
Pets: Pets Allowed
Lot Size: 0.1 Acres

Financials

Price:$1,250,000
Annual Taxes:$7,333.72
Common charges:$225
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of COMPASS FLORIDA LLC

FULLY OCCUPIED 4 UNIT INVESTMENT OPPORTUNITY IN TAMPA.

Description

FULLY OCCUPIED 4-UNIT INVESTMENT OPPORTUNITY IN TAMPA. Built in 2016 and currently 100% leased, this turnkey property offers investors the opportunity to acquire four spacious townhome-style residences with immediate rental income and little to no deferred maintenance—an ideal consideration for a 1031 exchange or investor seeking a stabilized rental asset. Each residence features 3 bedrooms with a highly desirable first-floor primary suite, two additional bedrooms and a loft upstairs, providing flexible space for a home office, playroom or second living area. Each unit also includes a one-car garage, two designated driveway parking spaces, downstairs washer and dryer, white shaker soft-close cabinetry, GE appliances and a private porch/patio. The intimate community consists of only 8 total residences, currently under single ownership, with paved drives and community lighting. The HOA is currently being finalized and is estimated at $220 per unit per month, anticipated to include water, landscaping, roofs, exterior maintenance, paved drive/common areas and light poles—helping simplify ownership and protect the property's exterior appearance and major shared components. All four units near entrance are currently tenant occupied, allowing a new owner to step into an established income-producing property from day one. The existing owner may also consider the sale of all 8 residences for the right offer, creating a unique opportunity for an investor seeking additional scale. Located in the heart of Tampa, approximately 15 minutes from Downtown Tampa and 10 minutes from Raymond James Stadium, with convenient access to major roadways, parks, shopping, dining and entertainment. Four units. Fully occupied. Newer construction. Immediate income. Limited ownership within an 8-unit community. Opportunities to acquire a stabilized Tampa rental asset of this size and configuration are limited.

Amenities

  • Awnings
  • Blinds
  • Cable Connected
  • Ceiling Fans(S)
  • Crown Molding
  • Electricity Connected
  • ENERGY STAR Qualified Windows
  • High ceiling
  • Kitchen Family Room Combo
  • Living Room/Dining Room Combo
  • Low Emissivity Windows
  • Maintenance
  • Primary Bedroom - Main Floor
  • Sewer Connected
  • Skylights
  • Underground Utilities
  • Vaulted Ceiling(s)
  • Vehicle Restrictions
  • Walk-In Closet(s)
  • Water Connected

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.