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710 S 50th St
Tampa, FL 33619
Build-to-Rent Property For Sale · 11,821 sq ft

PROPERTY FACTS

No. Units 13
Property Type Build-to-Rent
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Garden
Costar Property Class C
Total Plot Size 1.96 ac
Property Size 11,821 sq ft
Average Occupancy 100%
No. Floors 1
Year Built 1943
Parking Allocation 0.85/1,000 sq ft
Use Class CG - CG - Commercial General - Potential Live, Local, Act Re-Development Opportunity. Confirm with Building Department on all uses.

DESCRIPTION

Developers - Make Money While You Plan Your Project!!! Property is currently an operating MHP producing a good amount of income. However, a developer may want to take advantage of the commercial zoning and location to for a better proposition. Property Zoning permits up to a story construction. Location is just minute from Down Town Tampa and demographics indicate 735,398 people live within a 10-mile radius from this site making it an ideal location in particular for multifamily, Assisted Living or Urgent Care. This purchase includes two major parcels (below) and small waterfront parcel that would be suitable for single family home. Property #1 710 50th St includes: • 1.96-acres (Zoned CG) • 12-Spaces/Units • 1 House Property #2 7213 Harney Rd Includes: • 4-spaces/Units • Additional Waterfront Parcel zone for Residentila SFH Combined the properties produce: • $129,256 Gross Revenue • $80,960 NOI • 13.5% Cap Rate Zoning permits a multitude of commercial development opportunities to include: • Assisted Living/Memory Care • Medical Office/Urgent Care • Hospitality • Multifamily • Retail

  • Listing ID: 11933723

  • Date on Market: 15/03/2018

  • Last Updated:

  • Address: 710 S 50th St, Tampa, FL 33619

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