8820 Rocky Creek Dr
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8820 Rocky Creek Dr
4 Unit Block of Flats £1,077,037 (£269,259/Unit) 6.50% Net Initial Yield Tampa, FL 33615
Investment Highlights
- redevelopment opportunity
- waterfront
Executive Summary
Exceptional waterfront investment opportunity awaits. This property is located on a peninsula of Rocky Creek offering well over 200 feet of waterfront with easy access to Tampa Bay and the Gulf. The land which consists of two duplexes affords opportunity for development to provide a substantial property. Duplex 8818 consists of two 1 bedroom, 1 bath units. While duplex 8820 consists of one 2 bedroom, 1 bath unit and a 1 bedroom, 1 bath unit as well as a shared laundry room. This property also features its own newly paved boat ramp and a wood dock perfect for fishing. Don’t wait, schedule a showing today!
Property Facts
| Price | £1,077,037 | Apartment Style | Low Rise |
| Price Per Unit | £269,259 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.32 AC |
| Net Initial Yield | 6.50% | Building Size | 2,016 SF |
| No. Units | 4 | Number of Floors | 1 |
| Property Type | Residential | Year Built | 1968 |
| Property Subtype | Apartment | Parking Ratio | 0.99/1,000 SF |
| Price | £1,077,037 |
| Price Per Unit | £269,259 |
| Sale Type | Investment |
| Net Initial Yield | 6.50% |
| No. Units | 4 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 2,016 SF |
| Number of Floors | 1 |
| Year Built | 1968 |
| Parking Ratio | 0.99/1,000 SF |
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
Site Amenities
- Waterfront
- Dock
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 300 - 399 |
| 2+1 | 1 | - | 350 - 450 |
PROPERTY TAXES
| Parcel Number | U-03-29-17-0CB-000000-00034.1 | Improvements Assessment | £86,755 |
| Land Assessment | £224,709 | Total Assessment | £311,464 |
PROPERTY TAXES
Parcel Number
U-03-29-17-0CB-000000-00034.1
Land Assessment
£224,709
Improvements Assessment
£86,755
Total Assessment
£311,464
zoning
| Zoning Code | RMC-6 (Residential, Multi-Family Conventional) |
| RMC-6 (Residential, Multi-Family Conventional) |
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8820 Rocky Creek Dr
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