FOLLOW US
BACK TO LISTINGS VIRTUAL TOUR

Multi Family

12216 N 59th Street, Tampa FL 33617

$1,325,000
Tax: $11,331/yr
Lot Size
34,858 sqft

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

CONTACT US FOR INFO

Property Features

Multi Family Multi Family
All Cash, Conventional, Exchange
Attic Fan, Ceiling Fan(s), Central Individual A/C, Central Air
Central
Hillsborough County 28.0597002, -82.3907387

More about this Property

Assigned Guest
CBS Construction Slab Construction

Roof: Comp Shingle Roof, Shingle

1/2 To Less Than 3/4 Acre Lot Less Than 1 Acre Oversized Lot In Residential Area Treed Lot

The Visual Story

Similar Estates

MORE IN TAMPA