Property Description
This multifamily property is an absolute GEM — all units are oversized with spotless kitchens and bathrooms + beautiful hardwood floors and walk-in closets. Live in one unit and rent to wonderful, long-term tenants or keep renting all four units on this perfect street just minutes away from the river and Tampa’s best coffee shops, bars, and restaurants (10 minute drive to Armature Works).
As an investment, the fourplex is a owner’s dream: with overwhelming demand for apartments (two 2/1s and two 1/1s) in Seminole Heights; the entire property was fenced and covered in pavers so no monthly landscaping required + no HOA; in 2021, electrical was completely replaced, trees were trimmed, and roof was recoated; tenants pay for utilities (monthly credit given for water) and washer/dryer already set-up for units; truly, this property has been meticulously maintained and the tenants are kind professionals who were well-vetted with average time in unit >5 years. Currently a 6.5% cap rate but close to 8% with at-markets rents.
Managing the property is easy and headache-free. Looking for the right buyer who is excited about all the amazing things that will continue to come to Tampa. Will work with 1031 buyers who need timeline flexibility.
Note: please respect the tenants and property. There are cameras covering the entire premises and no one is allowed on the property without the owner’s approval.
Features
- Heating System:
- Central
- Cooling System:
- Central Air
- Parking:
- Driveway, Oversized
- Exterior Features:
- Storage, Fence
- Flooring:
- Ceramic Tile, Wood
- Interior Features:
- Ceiling Fans(s)
- Laundry Features:
- Laundry Closet
- Sewer:
- Public Sewer
- Utilities:
- Public, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected, Street Lights
Appliances
- Appliances:
- Range, Refrigerator, Washer, Dryer, Gas Water Heater
Address Map
- Country:
- US
- State:
- FL
- County:
- Hillsborough
- City:
- Tampa
- Subdivision:
- HAMILTON HEATH REV MAP
- Zipcode:
- 33604
- Street:
- HAMILTON HEATH
- Street Number:
- 14
- Street Suffix:
- DRIVE
- Longitude:
- W83° 33' 1.1''
- Latitude:
- N28° 1' 6.5''
- Directions:
- Head north on N Nebraska Ave, Turn right on Van Dyke Place, Left on Hamilton Health Dr. Property is on the leftside.
- Mls Area Major:
- 33604 - Tampa / Sulphur Springs
- Zoning:
- SH-RS
Additional Information
- Lot Size Dimensions:
- 60x100
- Water Source:
- Public
- Previous Price:
- 829000
- On Market Date:
- 2023-06-30
- Number Of Units Total:
- 4
- Lot Features:
- Sidewalk, Paved, Level
- Foundation Details:
- Crawlspace
- Construction Materials:
- Wood Frame, Wood Siding
- Building Size:
- 3791
Financial
- Tax Annual Amount:
- 6823.49
Listing Information
- List Agent Mls Id:
- 182021307
- List Office Mls Id:
- 196513941
- Listing Term:
- Cash,Conventional,FHA
- Mls Status:
- Sold
- Modification Timestamp:
- 2024-05-03T13:25:08Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2024-05-01T21:16:57Z
Residential Income For Sale
14 Hamilton Heath Drive, Tampa, Florida 33604
3,752 Sqft
$824,000
Listing ID #T3456035
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- T3456035
- Price :
- $824,000
- Square Footage :
- 3,752 Sqft
- Year Built :
- 1926
- Lot Area :
- 0.14 Acre
- Property Sub Type :
- Quadruplex
- Roof:
- Membrane
Agent info
Contact Agent
