12216 N 59th Street, Tampa, FL

$1,325,000

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0.80

Acres

About 12216 N 59th Street

As one of the most populous cities in Florida, Tampa is an ideal market in which to own quality rental units. This 7 unit, fully occupied community enjoys high demand due to attractive floorplans and privacy normally associated with single family home living, while also offering affordability and proximity to everything the area has to offer. By being in the heart of one of the most popular places to live in Florida, Milan Villas offers excellent, stable cash flow. Fully occupied with long term tenants and a desirable location! • Strong appeal to residents - featuring gated access, spacious, updated units, a community pool (unusual for 7 units), and reserved parking, these units enjoy high demand as annual or vacation rentals year round. • Stability - Townhomes are a high demand rental type in all markets, but particularly in the Tampa Bay area. Investors enjoy a solid and consistent tenant base, and residents the luxuries of a single family home with the conveniences/amenities that come with apartment living. • Location - Less than 2 miles from University of South Florida, Adventhealth Hospital Tampa, VA Medical Center and Moffitt Cancer Center - all major local employment and education centers, creating a broad local tenant base. Also, close to all local retail, dining, hospitality, office and world-famous Busch Gardens of Tampa Bay! • Flexibility - units are individually deeded, and four are currently fully furnished and operated as vacation rentals/Airbnb units. Can be sold off individually to owner/occupants or smaller investors if so desired. • Potential for additional units - Included in the sale is a 0.40 acre parcel behind the property, with the p

Features of 12216 N 59th Street

MLS® # B26048029
Price $1,325,000
Acres 0.80
Year Built 1984
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 12216 N 59th Street
Area 5940 - Other Florida County
City Tampa
County Hillsborough
State FL

Amenities

Utilities Cable Available, Electricity Connected, Water Connected
Parking Assigned, Guest, Accessible Parking

Interior

Heating Central
Cooling Attic Fan, Central Air, Ceiling Fan(s), Central Individual
# of Stories 2

Exterior

Lot Description Many Trees, Landscaped, Oversized Lot
Roof Shingle
Construction CBS, Wood Frame

Additional Information

Zoning RMC-20
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeTGG Home Authority LLC

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