714 E Floribraska Avenue, Tampa, FL 33603

$1,600,000
24
BD
12
BA
9,072
SqFt

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Sold Price
$1,600,000
List Price
$1,600,000
Status
Sold
Days on Market
21
Closing Date
Dec 20, 2024
MLS#
TB8310863
Property Style
Quadruplex
Year Built
1986
Bedrooms
24
Bathrooms
12
Living Area
9,072
Lot Size
15,681
Acres
0.36
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Robles Sub 2
MLS Area Major
Tampa / Seminole Heights

Property Description

Solid Cash-flow investment! three abutting parcels with a quad-plex each. All 2 bedroom 1 bath units for a total of 12-units renting for $1450 a month each. Leverage your investment with up to 60% LTV, varies by DCR of 1.14 to 1.31, allowing for vacancies. Easy to manage; full management in place for past 11 years, all deposits in escrow. Before any showings, confidentiality agreement must be executed, then all financials can be made available. Zoned CG, future land use is bringing in new development, increasing value of subject properties. Buyer Disclosure statement required; Proof of funds, pre-qualification and EMD with offer; NO WHOLE-SELLERS OR ASSIGNMENTS!

Additional Information

Taxes
$5556
Annual Gross Income
208800
Location
Corner Lot
Community Features
No Deed Restriction
Property Description
One Story
Zoning
CG
Interior Layout
Kitchen/Family Room Combo
Interior Features
Kitchen/Family Room Combo
Utilities
Electricity Available, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Private Mailbox
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Features
Ground Level, Open
Flood Zone Code
X
Parcel ID
A-12-29-18-4RB-000008-00001.2
Legal Description
[Parcel#1] ROBLES SUBDIVISION NO 2 LOT 1 LESS E 84 FT THEREOF AND E 8 FT OF LOT 2 BLOCK 8 [Parcel#2] ROBLES SUBDIVISION NO 2 W 42 FT OF E 84 FT OF LOT 1 BLK 8 [Parcel#3] ROBLES SUBDIVISION NO 2 E 42 FT OF LOT 1 BLOCK 8

Listing courtesy of SHOREBIRD PROPERTIES. 813-310-0959

Selling Office: SHOREBIRD PROPERTIES.

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