Property Description
PRIME LOCATION – INVESTOR ALLERT!! Excellent opportunity to own a MULTI-FAMILY property in the heart of Tampa Bay! This offering includes a DUPLEX (1, 458 sq ft) and a TRIPLEX (2, 187 sq ft) situated on nearly 1-ACRE, right off bustling Florida Ave, just south of Fletcher. This 3, 645-square-foot property features five 2BR/1BA units, each 729 sq ft, built with sturdy concrete BLOCK construction, central AC, and NEW SHINGLE ROOFS. Tenants pay all utilities with separate meters aside from a shared water meter. Each unit is in good condition, having been updated a few years ago with wood-look standard tile flooring. Most units feature stainless steel appliances and quality cabinetry in the kitchens and bathrooms. Parking is available for each unit. All units are occupied by month-to-month tenants with below-market rents, providing an excellent opportunity for rental INCOME GROWTH. Plus, with no HOA, there’s flexibility for future development! The existing structures are located at the back of the lot, leaving room to potentially BUILD ADDITIONAL UNITS at the front. Located minutes from downtown Tampa, International Mall, MacDill Air Force Base, I-275, shopping, dining, and more! Please do not visit the property or disturb the tenants. Don’t miss out on this fantastic investment opportunity!
Features
- Heating System:
- Central
- Cooling System:
- Central Air
- Patio:
- Patio
- Exterior Features:
- Private Mailbox
- Flooring:
- Ceramic Tile, Tile
- Interior Features:
- Ceiling Fans(s), Open Floorplan, Window Treatments
- Laundry Features:
- Outside
- Sewer:
- Public Sewer
- Utilities:
- Public, Cable Connected, Electricity Connected, Water Connected
- Window Features:
- Blinds
Appliances
- Appliances:
- Range, Refrigerator
Address Map
- Country:
- US
- State:
- FL
- County:
- Hillsborough
- City:
- Tampa
- Subdivision:
- NORTH TAMPA HEIGHTS
- Zipcode:
- 33612
- Street:
- 131ST
- Street Number:
- 109
- Street Suffix:
- AVENUE
- Longitude:
- W83° 32' 21.2''
- Latitude:
- N28° 3' 58.1''
- Directions:
- I-275 N to Fletcher Ave, West on Fletcher, South on Florida, West on W. 131st Ave to Address. Property is gated.
- Mls Area Major:
- 33612 - Tampa / Forest Hills
- Street Dir Prefix:
- W
- Zoning:
- RMC-6
Neighborhood
- Elementary School:
- Lake Magdalene-HB
- High School:
- Gaither-HB
- Middle School:
- Buchanan-HB
Additional Information
- Lot Size Dimensions:
- 132x325
- Water Source:
- Public
- Virtual Tour:
- https://www.propertypanorama.com/instaview/stellar/TB8317229
- On Market Date:
- 2024-11-09
- Number Of Units Total:
- 5
- Foundation Details:
- Slab
- Construction Materials:
- Block
- Community Features:
- Street Lights
- Building Size:
- 3780
Financial
- Tax Annual Amount:
- 7765
Listing Information
- Co List Agent Full Name:
- Bettina Reisenauer-Grimsley
- Co List Agent Mls Id:
- 261533256
- Co List Office Mls Id:
- 261566900
- Co List Office Name:
- BHHS FLORIDA PROPERTIES GROUP
- List Agent Mls Id:
- 261551912
- List Office Mls Id:
- 635803
- Listing Term:
- Cash
- Mls Status:
- Sold
- Modification Timestamp:
- 2025-06-09T21:55:45Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2025-02-14T23:19:59Z
Residential Income For Sale
109 W 131st Ave, Tampa, Florida 33612
5 Bedrooms
5 Bathrooms
3,645 Sqft
$1,175,000
Listing ID #TB8317229
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- TB8317229
- Price :
- $1,175,000
- View :
- Trees/Woods
- Bedrooms :
- 5
- Bathrooms :
- 5
- Square Footage :
- 3,645 Sqft
- Year Built :
- 1984
- Lot Area :
- 0.98 Acre
- Property Sub Type :
- Multi Family
- Roof:
- Shingle
