$3,500,000

801 E Palm Avenue

TAMPA FL, 33602

Description

Florida Commercial Group is please to present for Sale Palm Villa Hostels, located at 801- 803 E. Palm Avenue and 1905 N. Taliafero Avenue. This is a Rare Investment Opportunity in the Tampa Heights Area of East Tampa. This Asset consists of 3 Historic Buildings offering 13 units that are leased individually and generating weekly and monthly rents. The entire Investment Portfolio is being Sold As- Is. 801 E. Palm Avenue offers 4 bedrooms, 2 baths and is 2,050 HSF. 803 E. Palm Avenue is 1,730 HSF and offers 5 bedrooms and 3 baths. 1905 N. Taliaifero Avenue offers 4 Bedroom and features 2,800 SF. There is onsite parking as well as common Street Parking giving ease of access to the property via Taliafero Avenue. Current Zoning of RM-24 Allows for Residential Mixed-Use up to 24 units or the Property may be converted to Commercial use as Professional Office or Redeveloped into a Small Office Complex or a Co-work Space. Nestled on the edge of Historic Tampa Heights and Historic Ybor City, this Location boasts a corner location surrounded by Restoration and New Development Happening in all Directions- a Terrific Opportunity to Invest in East Tampa! You may keep these three Buildings as current, Hotel/ Motel, upgrade the property for increased monthly income, convert to a greater yielding housing complex (Student Housing, ALF, Air BnB, etc) or re-develop the site into to Professional Offices. CALL TODAY FOR A VIEWING.

Details

MLS#T3220419
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1902
Days On Site142

Features

SQ Feet6,680
Story(s)1
ZoningRM-24

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Area Information

StateFL
CountyHillsborough
CityTAMPA
Zip Code33602
Area33602 - Tampa
Listing VS Median (in 33602)
Price:
$3,500,000
low | high
Med:
$379,950
100% of Average
SqFt:
6,680
low | high
Med:
1,469
100% of Average
$ / SqFt:
$524
low | high
Med:
$260
100% of Average
On Site:
142
low | high
Med:
39.500000
100% of Average
Listing Updated: 06/02/2020
MLS Number: T3220419
Listing Provided By:
Tina Marie Eloian  of  FLORIDA COMMERCIAL GROUP

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