109 W 131st Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
109 W 131st Ave
5 Unit Block of Flats £920,377 (£184,075/Unit) 5.90% Net Initial Yield Tampa, FL 33612
Investment Highlights
- Room to potentially BUILD ADDITIONAL UNITS
- Right off bustling Florida Ave, just south of Fletcher
- Five 2BR/1BA units, each 729 sq ft. All with central AC
- Lot Size Acres: 0.98
- DUPLEX (1,458 sq ft) and a TRIPLEX (2,187 sq ft)
- NEW SHINGLE ROOFS
Executive Summary
PRIME LOCATION – INVESTOR ALLERT!! Excellent opportunity to own a MULTI-FAMILY property in the heart of Tampa Bay! This offering includes a DUPLEX (1,458 sq ft) and a TRIPLEX (2,187 sq ft) situated on nearly 1-ACRE, right off bustling Florida Ave, just south of Fletcher. This 3,645-square-foot property features five 2BR/1BA units, each 729 sq ft, built with sturdy concrete BLOCK construction, central AC, and NEW SHINGLE ROOFS. Tenants pay all utilities with separate meters aside from a shared water meter. Each unit is in good condition, having been updated a few years ago with wood-look standard tile flooring. Most units feature stainless steel appliances and quality cabinetry in the kitchens and bathrooms. Parking is available for each unit. All units are occupied by month-to-month tenants with below-market rents, providing an excellent opportunity for rental INCOME GROWTH. Plus, with no HOA, there's flexibility for future development! The existing structures are located at the back of the lot, leaving room to potentially BUILD ADDITIONAL UNITS at the front. Located minutes from downtown Tampa, International Mall, MacDill Air Force Base, I-275, shopping, dining, and more! Please do not visit the property or disturb the tenants.
Property Facts
Price | £920,377 | Apartment Style | Low Rise |
Price Per Unit | £184,075 | Building Class | C |
Sale Type | Investment | Lot Size | 0.95 AC |
Net Initial Yield | 5.90% | Building Size | 3,780 SF |
No. Units | 5 | Average Occupancy | 100% |
Property Type | Residential | Number of Floors | 1 |
Property Subtype | Apartment | Year Built/Renovated | 1984/2020 |
Price | £920,377 |
Price Per Unit | £184,075 |
Sale Type | Investment |
Net Initial Yield | 5.90% |
No. Units | 5 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.95 AC |
Building Size | 3,780 SF |
Average Occupancy | 100% |
Number of Floors | 1 |
Year Built/Renovated | 1984/2020 |
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Heating
- Kitchen
- Stainless Steel Appliances
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Detector
1 of 1
PROPERTY TAXES
Parcel Number | U-12-28-18-0TD-000003-00008.3 | Improvements Assessment | £335,657 |
Land Assessment | £128,533 | Total Assessment | £464,190 |
PROPERTY TAXES
Parcel Number
U-12-28-18-0TD-000003-00008.3
Land Assessment
£128,533
Improvements Assessment
£335,657
Total Assessment
£464,190
zoning
Zoning Code | RMC-6 (Residential, Multi-Family Conventional) |
RMC-6 (Residential, Multi-Family Conventional) |
1 of 23
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
109 W 131st Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.