Tampa,FL-5 Luxury Townhomes Opportunity zone | 2608 W Columbus Dr
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Tampa,FL-5 Luxury Townhomes Opportunity zone 2608 W Columbus Dr
5 Unit Block of Flats £2,248,650 (£449,730/Unit) 7.37% Net Initial Yield Tampa, FL 33607
Investment Highlights
- option to purchase FIVE Brand new block construction townhomes together
- control HOA with purchase of all 5 units - conduct a tax saving cost segregation study to maximize returns. FL no state tax
- individual metered for all utilities and latest building code to sustain FL harsh weather condition. low HOA fees
- AirBnB friendly - furnish each unit and lease for optimal cash flow using short term or long term rental strategy
- two story sold block construction residences, complete with hurricane impact windows, sliders, and doors, and a 50 year Metal roof are ideal for FL
- Located in West Tampa minutes from downtown Tampa, Riverside heights, Armature works, South Tampa, Buccaneer stadium, UT, more
Executive Summary
Price Improvement!***No HOA fees or reserves required with ownership of all 5 townhome units! Additionally, this property sits in an opportunity zone positioned for long term TAX SAVINGS for the right investor!***New owner can take control of HOA with ownership of all 5 units which allows short term rentals!!! **** Introducing West Tampa Luxury Townhomes, where elegance meets convenience located in the heart of booming West Tampa. This exclusive offering is ideal for an active or passive investor seeking an option to purchase FIVE Brand new block construction townhomes together. Yes, own the entire building, your chance to invest in a brand new maintenance free community with no lease or pet restrictions, if desired! New owner(s) has the ability to finalize HOA bylaws to allow short term or long term rentals and other restrictions including fees. These two story sold block construction residences, complete with hurricane impact windows, sliders, and doors, and a 50 year Metal roof are ideal for Florida’s inclement weather and guarantee low insurance hazard premiums to combat Fl high insurance rates. The finishes will be chic modern finishes that embody contemporary living, showcasing an open floor plan seamlessly fusing kitchen, dining, and living spaces on the ground floor. The kitchen will boasts quartz countertops, solid wood high gloss cabinets, and a large open space for hosting, effortlessly blending style with functionality. Distinguished by 10-4’-foot ceiling heights, a half bath, large 2 car garage, front in the rear alley access with enough room for 4 cars to park. The second floor features the massive primary bedroom with its own custom built huge walk-in closet, an en-suite bathroom adorned with high-level finishes, including a generous walk-in shower and dual vanities. Two additional bedrooms offer versatility for guest quarters, a home office, or personalized use shared by another full bathroom. The laundry room is conveniently located next to the bedrooms, with linin storage closet, and a nice size wet bar for entertainment. Each townhome includes it’s own power and water meter plus a master water meter for HOA irrigation system. Each townhome has its own 2 car garage and private driveway in the back. There is a total of 2273sqft living sqft per townhome for a combined sqft of 13,273sqft under roof. This is a true MAINTENANCE FREE INVESTMENT opportunity where the community HOA will pressure wash the buildings for owners, maintain the landscaping common area, and paint the buildings for your future tenants. Since all units are individually deeded and metered for own utilities as single family Townhomes, an individual could acquire with residential financing, commercial financing, or portfolio loan. This is an active construction site so please do not walk or drive on the property with written permission. Shown by appointment only. ALL UNITS MUST BE SOLD TOGETHER. Developer will consider pre construction contracts on individual units with 10% non-refundable deposits. Contact listing agent Ben Mitrano PA 727-504-3490 for more Elevations, finish options, and details. Great assets to put into service for tax year and perform cost segregation study maximizing tax incentives
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Pro forma - 2024) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Bay Window
- Ceiling Fans
- Double Vanities
- Eat-in Kitchen
- Granite Countertops
- Attic
- Breakfast Nook
- Den
- Dining Room
- Double Pane Windows
- Office
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Individual Locking Bedrooms
- Walk-Up
- Smoke Detector
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
3+2.5 | 5 | £3,945 | 2,273 |
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Walk Score ®
Very Walkable (81)
PROPERTY TAXES
Parcel Number | A-15-29-18-D0G-000000-00005.0 | Total Assessment | £22,239 (2023) |
Land Assessment | £22,239 (2023) | Annual Taxes | -£1 (£0.00/sf) |
Improvements Assessment | £0 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
A-15-29-18-D0G-000000-00005.0
Land Assessment
£22,239 (2023)
Improvements Assessment
£0 (2023)
Total Assessment
£22,239 (2023)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
zoning
Zoning Code | RM-16 (rezoned RM-16 to PD with HOA West Tampa Townhomes) |
RM-16 (rezoned RM-16 to PD with HOA West Tampa Townhomes) |
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Tampa,FL-5 Luxury Townhomes Opportunity zone | 2608 W Columbus Dr
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