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
Contact Agent

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