RENTAL INCOME INCREASE WITH MORE VALUE ADD POTENTIAL: Prime investment opportunity featuring four well-maintained mobile homes on a .60-acre lot, generating a robust net operating income (NOI) of $57,475 annually from long-term tenants. Zoned PD for mobile homes, this income-producing property offers stability and profitability, ideal for both seasoned and new investors. Additionally, a 10,000 sq ft waterfront lot directly across the street is available separately, offering potential for future development or 1-2 mobile homes. Don’t miss out on this exceptional chance to own a profitable property with significant growth potential. Contact us today for more information or to schedule a viewing.
INVESTORS, seize the moment with this remarkable opportunity in Tampa, Florida. Rare investment package of EIGHT solid BLOCK CONSTRUCTION DUPLEXES, totaling 16 UNITS spread across 8 parcels. Each duplex boasts 2 bedrooms, 1 bathroom, a laundry room, and individual fully fenced yards, offering tenants privacy and comfort. With 2 dedicated parking spots per unit, convenience is key for residents. Generating an impressive annual gross income of $259,200 and an annual net income of $168,400, this portfolio promises a lucrative return on investment from day one. While the properties are already performing admirably, there's ample room for improvement and updates, offering significant upside potential for rent increases and enhanced returns. The owner has installed 4 brand new ACs, Upgraded Plumbing, and Renovated Units when tenants moved out. However, with some additional upgrates such as vinyl floor and granite counter tops, these units can be rented at $1700/month as market rent, which would equal $326,400 in annual gross income. The majority of units are currently leased, ensuring a stable income stream and minimizing vacancy risks. Plus, tenants are responsible for utilities (water, trash, electric), simplifying management and maximizing profitability. The properties have low vacancy rate and offer affordable yet comfortable living spaces for residents. Not in a flood zones. Easy access to amenities and transportation, these duplexes are strategically located for long-term success. SERIOUS INQUIRIES ONLY, don't let this opportunity pass you by. *Proof of funds required for showings.* The seller is offering the entire portfolio as a package deal, presenting a rare chance to build wealth through real estate in one of Florida's most dynamic markets. 8720 N 48th St, Tampa, 8722 N 48th St, Tampa; 8723 N 48th St, Tampa; 8724 N 48th St, Tampa; 8726 N 48th St, Tampa; 8728 N 48th St, Tampa; 8730 N 48th St, Tampa; 8732 N 48th St, Tampa. Contact us to schedule a showing or obtain additional information.
The median home value in Tampa, FL is $319,700. This is lower than the county median home value of $370,500. The national median home value is $338,100. The average price of homes sold in Tampa, FL is $319,700. Approximately 47.1% of Tampa homes are owned, compared to 46.93% rented, while 5.97% are vacant. Tampa real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tampa real estate agent to arrange a tour today!
Tampa, Florida 33617 has a population of 26,585. Tampa 33617 is less family-centric than the surrounding county with 23.77% of the households containing married families with children. The county average for households married with children is 29.42%.
The median household income in Tampa, Florida 33617 is $58,853. The median household income for the surrounding county is $64,164 compared to the national median of $69,021. The median age of people living in Tampa 33617 is 34 years.
The average high temperature in July is 90.5 degrees, with an average low temperature in January of 50.9 degrees. The average rainfall is approximately 50.8 inches per year, with 0 inches of snow per year.