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Listing Details

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School Ratings & Info

Description

Presenting for Sale: Palm Villa Hostels, located at 801- 803 E. Palm Avenue and 1905 N. Taliafero Avenue. This is a Rare Investment Opportunity in the Tampa Heights Area of East Tampa. This Asset consists of 3 Historic Buildings offering 13 units that are leased individually and generating weekly and monthly rents. The entire Investment Portfolio is being Sold As- Is. 801 E. Palm Avenue offers 4 bedrooms, 2 baths and is 2,050 HSF. 803 E. Palm Avenue is 1,730 HSF and offers 5 bedrooms and 3 baths. 1905 N. Taliaifero Avenue offers 4 Bedroom and features 2,800 SF. There is onsite parking as well as common Street Parking giving ease of access to the property via Taliafero Avenue. Current Zoning of RM-24 Allows for Residential Mixed-Use up to 24 units or the Property may be converted to Commercial use as Professional Office or Redeveloped into a Small Office Complex or a Co-work Space. Nestled on the edge of Historic Tampa Heights and Historic Ybor City, this Location boasts a corner location surrounded by Restoration and New Development Happening in all Directions- a Terrific Opportunity to Invest in East Tampa! You may keep these three Buildings as current, Hotel/ Motel, upgrade the property for increased monthly income, convert to a greater yielding housing complex (Student Housing, ALF, Air BnB, etc) or re-develop the site into to Professional Offices. CALL TODAY FOR A VIEWING.

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© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-09-21T11:42:02.523.
www.searchsarasotahomes.com/homes/119392648
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801 E Palm Avenue Tampa, FL 33602

  • Price: $3,500,000
  • Status: Active
  • Updated: 58 min ago
  • MLS #: T3318428
0
Beds
0
Baths
0
½ Baths
0.38
Acres
2,050
SQFT
$1,707
$/SQFT
1902
Built
Neighborhood:
Bonniehurst
County:
Hillsborough
Area:
Tampa
Property Description
Presenting for Sale: Palm Villa Hostels, located at 801- 803 E. Palm Avenue and 1905 N. Taliafero Avenue. This is a Rare Investment Opportunity in the Tampa Heights Area of East Tampa. This Asset consists of 3 Historic Buildings offering 13 units that are leased individually and generating weekly and monthly rents. The entire Investment Portfolio is being Sold As- Is. 801 E. Palm Avenue offers 4 bedrooms, 2 baths and is 2,050 HSF. 803 E. Palm Avenue is 1,730 HSF and offers 5 bedrooms and 3 baths. 1905 N. Taliaifero Avenue offers 4 Bedroom and features 2,800 SF. There is onsite parking as well as common Street Parking giving ease of access to the property via Taliafero Avenue. Current Zoning of RM-24 Allows for Residential Mixed-Use up to 24 units or the Property may be converted to Commercial use as Professional Office or Redeveloped into a Small Office Complex or a Co-work Space. Nestled on the edge of Historic Tampa Heights and Historic Ybor City, this Location boasts a corner location surrounded by Restoration and New Development Happening in all Directions- a Terrific Opportunity to Invest in East Tampa! You may keep these three Buildings as current, Hotel/ Motel, upgrade the property for increased monthly income, convert to a greater yielding housing complex (Student Housing, ALF, Air BnB, etc) or re-develop the site into to Professional Offices. CALL TODAY FOR A VIEWING.
Exterior Features

Adjoining Property Hotel/MotelResidentialUndeveloped Construction Materials Wood Frame Foundation Details Crawlspace Front Footage 102 Lot Features Corner LotHistoric DistrictIn City LimitsNeighbourhoodSidewalkSpecial Taxing DistrictStreet LightsStreet Paved Lot Size Dimensions 102 X 165 Parking Features CommonCurb Parking Road Frontage Ft 102 Roof Shingle Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling Other Sewer Public Sewer Stories Total 2

Property Features

Additional Parcels Yn Yes Flood Zone Code X New Construction Yn No Property Condition Completed Property Sub Type Hotel/Motel Realtor Info Brochure Available Security Features Gated Community Special Listing Conditions None Tax Annual Amount 2284.85 Tax Year 2020 Total Num Buildings 3 Utilities Electricity Available Zoning Rm-24


Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Florida Commercial Group.



© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-09-21T11:42:02.523.
 
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Zarghami Group | Keller Williams Classic Group
3355 Clark Rd. Suite 103
Sarasota FL, 34231