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Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,152 sqft
Price per Sqft $1,128
Subdivision Myrtle Tree
MLS Listing ID T3508305
Sold Date 06/06/24
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1983
Annual Tax Amount $1,468
Lot Size 10.410 Acres
Acres 10.41
Property Description
Exceptional Income-Generating Property Opportunity in a great location!
Embark on a lucrative investment journey just moments away from Tampa Bay and The Gulf of Mexico! This income-producing property comprises 10 parcels, featuring 9 homes and one vacant acre, seamlessly connected yet individually recorded for tax purposes. Currently, the nine mobile homes are occupied by reliable tenants, ensuring a steady stream of income.
Each mobile home resides on expansive 1+ acre lots (excluding one), showcasing laminate flooring and sturdy metal roofs that promise durability and minimal upkeep costs. Characterized by inviting interiors and distinctive outdoor amenities, every home site radiates its own unique charm. Additionally, one home boasts a 1400 SqFt barn, situated adjacent to the vacant land parcel, presenting versatile opportunities for further development. Notably, one of the homes offers a cozy fireplace, enriching the living space with warmth and character.
Eight of the homes comprise of 3 bedrooms and 2 bathrooms, (one is a 2 bed/ 2 bath) offering tenants comfortable living arrangements. Furthermore, the property is equipped with two wells and nine septic systems, ensuring each property has its own dedicated septic.
Set in a rapidly growing area, this property holds immense future potential. Conveniently located near I-75, it provides effortless access to Tampa, Sarasota, St. Petersburg, airports, theaters, and professional sporting events. Nearby, the enchanting Little Manatee River State Park beckons with an array of outdoor recreational activities, including walking trails, biking trails, camping, fishing, and paddling. Moreover, the property is within close proximity to numerous beaches, adding to its allure.
Seize this unparalleled investment opportunity and capitalize on the promising growth prospects of this dynamic location. Don't let this chance slip away!
Location
State FL
County Hillsborough
Community Myrtle Tree
Zoning AS-1
Interior
Interior Features Other
Heating Electric
Cooling Other
Flooring Laminate
Fireplace true
Appliance Range, Refrigerator
Laundry Other
Exterior
Exterior Feature Other
Utilities Available Electricity Connected
Waterfront false
Roof Type Metal
Garage false
Private Pool No
Building
Foundation Other
Lot Size Range 10 to less than 20
Sewer Septic Tank
Water Well
Structure Type Metal Frame
New Construction false
Construction Status Inspections
Schools
Elementary Schools Cypress Creek-Hb
Middle Schools Shields-Hb
High Schools Lennard-Hb
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with LPT REALTY