4511 26TH AVE S Active Save Request In-Person Tour Request Virtual Tour
Tampa,FL 33619
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,932 sqft
Price per Sqft $362
Subdivision Causeway Blvd Sub 2
MLS Listing ID TB8432978
Bedrooms 17
Year Built 1959
Annual Tax Amount $3,818
Lot Size 0.330 Acres
Property Sub-Type Multi Family
Property Description
Stellar income property, once restorations are complete. This is truly a unique opportunity for a savvy investor boasting a 20% cap rate! This is 3 tax parcels being offered together. All structures were flood damaged in 2024 and are down to studs awaiting renovations. All big ticket items are finished. Metal roof, HVAC, windows, septic, and electrical are all working. Needs drywall, kitchens and baths, flooring and millwork. Main home can be lived in and one could rent out the other assets to pay the mortgage, or rent out everything for maximum income potential. The second home was used as 7 efficiency rooms with shared kitchen and laundromat. The rooms feature a private entrance and separate electric meter. There are 6 RV pads, also separately metered, and currently half rented. The main home could also be turned into 7 efficiency rooms with shared kitchen for even more income potential. You will have no shortage of tenants due to proximity to the Port of Tampa, 10 minutes to Ybor city, 10 minutes to Amalie Arena, and the gateway to everything Tampa has to offer. Before the hurricanes of 2024 this property had rents over $10,000 monthly, not including the main house. Do not pass up this amazing opportunity!
Location
State FL
County Hillsborough
Community Causeway Blvd Sub 2
Area 33619 - Tampa / Palm River / Progress Village
Zoning RSC-9
Interior
Heating Central
Cooling Central Air
Flooring Concrete
Laundry Electric Dryer Hookup,Laundry Room,Washer Hookup
Exterior
Exterior Feature Balcony,Fence,Lighting,Other
Parking Features Bath In Garage,Covered,Driveway,Garage Faces Rear,Guest,Off Street,Open,Parking Pad,RV Carport
Garage Spaces 1.0
Utilities Available Electricity Connected
Roof Type Metal
Building
Foundation Slab
Sewer Septic Tank
Water Public
Structure Type Block,Brick
New Construction false
Schools
Elementary Schools Palm River-Hb
Middle Schools Giunta Middle-Hb
High Schools Blake-Hb
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8432978