801 E PALM AVENUE

TAMPA, FL, 33602

$3,500,000

$1,707 per ft²
$3,500,000
$1,707 per ft²
Active
Active
 - For Sale
carpenters-square
2,050 ft²
property_type
Commercial
calendar
Built 1902
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.
MLS® ID:
T3318428
Listed:
7/14/21
Updated:
11/26/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Other

Exterior/Building Features

Lot Size
0.39 acres lot
Lot Details
Corner Lot, Historic District, City Limits, Neighbourhood, Sidewalk, Special Taxing District, Street Lights, Paved
Roof
Shingle
Sewer
Public Sewer

Other Property Details

Area Name
33602 - Tampa
Taxes
$2284.85
Tax Frequency
per YEAR
Garage
No
Parking
Common, Curb Parking
View
N
County
Hillsborough
Utilities
Electricity Available
Pool
No
Total Stories
2
Zoning
RM-24

Courtesy of FLORIDA COMMERCIAL GROUP, Tina Eloian,
Listing Contact:  

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Data last updated 11/26/22, 11:11 PM UTC

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