Address
919 E 122nd AVENUE, TAMPA, FL
Price
$ 1,999,999
Property Attributes
  • MLS#T3520670
  • TypeIncome
  • CountyHILLSBOROUGH
  • CityTAMPA
  • AreaTampa - Forest Hills
  • NeighborhoodRevised Map Of Flowers & Stu
  • Zip33612
  • StyleMulti Family
  • Year Built1968
  • Taxes$ 3190
  • Price$ 1,999,999
  • Bedrooms12
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage13872
  • Lot Size0.84 Acres
Data Source:
Stellar MLS
Property Description

Welcome to an exceptional investment opportunity in the vibrant city of Tampa, Florida, brought to you by USF. This offering presents a truly unique chance to acquire an entire block of real estate comprising six buildings with a total of 12 units. The majority of the units have undergone extensive remodeling, with only two awaiting renovation, ensuring modern living standards and aesthetic appeal. Each unit boasts a spacious layout of one bedroom and one bathroom, catering to the needs of various tenants.Currently, the average rental income per unit stands impressively at around $1300, reflecting the strong demand for housing in the area. Furthermore, with the potential for future development, the property holds even greater promise. As the city of Tampa continues to experience growth, there exists the possibility to replace existing units with townhomes, expanding the portfolio and maximizing returns. Additionally, there are no restrictions on the properties, affording flexibility in rental strategies. Whether it's long-term leases, short-term rentals, or even daily Airbnb listings, you have the freedom to explore various avenues for income generation. Moreover, this offering is just the beginning, as the sellers have an additional 13 units slated for sale in the upcoming week. For those interested in expanding their investment portfolio further, this presents an excellent opportunity to capitalize on the burgeoning real estate market in Tampa. Don't miss out on this chance to secure a lucrative investment in a prime location with endless potential for growth and profitability. Contact us now to learn more and seize this extraordinary opportunity!

Price History
4/22/2024 Listed $1,999,999

General Features

Interior Features Living Room/Dining Room Combo,Open Floorplan
Sewer Septic Tank
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Utilities Electricity Connected,Water Connected
Roof Other
Exterior Features Fenced,Lighting,Storage
Zoning RDC-12
Construction Materials Block,Concrete
Year Built 1968
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
Additional Parcels Description X
County Hillsborough
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name REVISED MAP OF FLOWERS & STU
Garage Y/N No
Status Active
Directions N. on 275,E. on Fletcher,N. on Nebraska,E. on 122nd Avenue
ModificationTimestamp 2024-04-24T18:45:06.800Z
City TAMPA
Buyer Agent Compensation 2.5%
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 12
MLS Area 33612 - Tampa / Forest Hills
Lot Size Units Square Feet
Lot Size Square Feet 36288
Waterfront Y/N No
Carport Y/N No
Street Name 122nd
Land Lease Y/N No
Tax Annual Amount 3190.27
Additional Parcels Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3520670
Days on Market 2
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 4
Legal Description REVISED MAP OF FLOWERS AND STUART OAK GROVE SUB LOT BEG 20.88 FT E OF NW COR OF LOT 4 AND RUN E 56 FT S TO S BDRY W 57 FT AND NLY TO BEG
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features None
Total Bedrooms 12
LivingAreaSource Public Records
Total Baths 12

Exterior Features

Water Source Public
Lot Size Area 36288
Foundation Details Slab
Number of Buildings 6
Building Area Total 13872
Lot Dimensions 336 x 108
Street Suffix AVENUE
Lot Size Acres 0.84
Road Surface Type Concrete
Number of Lots 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33612

Price
AVG $760K
$2M
Taxes
AVG $4,383
$3,190
Visits
AVG 529
614
Data Provided by Inside Real Estate®
Year Built
AVG 1973
1968