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727-415-4982
Real Estate Company
409 E Floribraska Avenue, Tampa, FL 33603
- $750,000
- 11
- BD
- 10
- BA
- 3,129
- SqFt
- Sold Price
- $750,000
- List Price
- $799,000
- Status
- Sold
- Days on Market
- 52
- Closing Date
- Jan 31, 2024
- MLS#
- U8220072
- Property Style
- Quadruplex
- Year Built
- 1910
- Bedrooms
- 11
- Bathrooms
- 10
- Living Area
- 3,129
- Lot Size
- 10,500
- Acres
- 0.24
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Orange Villa
- MLS Area Major
- Tampa / Seminole Heights
Property Description
Recently renovated quad 1 mile from downtown Tampa in the highly coveted Tampa Heights. The property consists of 2 duplexes on the same parcel for a total of 4 units, (3) 1 bedroom/1 bath units & (1) 2 bedroom/1 bath unit. The 2-story duplex in the back is concrete block with a new roof in 2023, a 2-bedroom unit and a 459 SF storage room that could be converted to rentable space. The 2-bedroom unit is 918 SF and is currently rented for $1,800/mo. The 1-bedroom unit is currently rented for $1,400/mo. The bungalow duplex in the front houses 2 1-bedroom units with a large front porch and lots of curb appeal. One unit is rented for $1,500/mo and the other is recently vacant and will also rent for $1,500/mo. The total monthly rent is $6,200 and annual rent is $74,400 resulting in 7% cap rate with opportunity to add value with storage space conversion to rentable space. The units feature stainless steel appliances, in unit laundry, waterproof LVP flooring, a metal roof on the bungalow, new roof on the 2-story building, central air in 2 units, upgraded cabinets, & granite countertops. There is a large off-street parking area for 10 cars in between the 2 buildings and a private yard behind the back building. Also, the back building was fumigated in 2023 and all plumbing and electrical has been updated over the past several years.
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Additional Information
- Taxes
- $4622
- Annual Gross Income
- 63600
- Community Features
- No Deed Restriction
- Property Description
- Split Level
- Zoning
- RS-50
- Interior Layout
- Thermostat
- Interior Features
- Thermostat
- Floor
- Vinyl
- Appliances
- Dishwasher, Electric Water Heater, Microwave, Refrigerator
- Utilities
- Electricity Connected, Sewer Connected, Water - Multiple Meters
- Heating
- Central, Wall Units / Window Unit
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Exterior Construction
- Block, Wood Frame
- Exterior Features
- Storage
- Roof
- Metal, Shingle
- Foundation
- Crawlspace, Slab
- Pool
- No Pool
- Garage Features
- Open
- Pets
- Allowed
- Max Pet Weight
- 20
- Pet Size
- Very Small (Under 15 Lbs.)
- Flood Zone Code
- X
- Parcel ID
- A-12-29-18-4RQ-000000-00007.0
- Legal Description
- ORANGE VILLA LOT 7 LESS N 10 FT FOR RD
Listing courtesy of JACK KELLER INC. 727-586-1497
Selling Office: STELLAR NON-MEMBER OFFICE.Mortgage Calculator
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