11708 Balm Riverview Rd - Apartments FOR SALE


Riverview, FL 33569- Southeast Tampa
$2,425,000 USD
813-244-0517
11708 Balm Riverview Rd, Riverview, FL for Sale
$2,425,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

11708 Balm Riverview Rd
Riverview, FL 33569
Southeast Tampa


HIGHLIGHTS

  • Updated duplex asset with strong rental appeal
  • Recently replaced septic system offering long-term reliability
  • Owned water system with simplified salt-based maintenance
  • Central Riverview location with quick access to major highways
  • Mix of occupied and ready-to-lease units for flexible investment strategy

OVERVIEW

Rare opportunity to acquire a well-maintained and thoughtfully updated duplex property in one of Riverview’s most steadily growing residential corridors. Set within a quiet, clean environment, the property offers both immediate rental income and the flexibility to place new tenants quickly, depending on investor strategy. Several major capital improvements have already been completed, offering long-term operational stability and reducing near-term maintenance exposure. The site features an owned water system that is simple to manage through salt treatment, ensuring controlled utility oversight and predictable operating costs. A full septic system replacement was completed in 2022, adding significant value and peace of mind for future ownership. Durable TPO roofing and efficient mini-split heating and cooling systems provide additional resilience and energy efficiency for each unit. Positioned between Symmes Rd and Rhodine Rd, the property offers tenants fast and convenient access to Hwy 301, I-75, and Hwy 41, creating strong commuter appeal and supporting consistent rental demand. This central Riverview location connects residents to major employment centers, schools, shopping, and daily amenities, enhancing long-term occupancy potential. Whether you are expanding your rental portfolio, seeking a stable cash-flowing asset, or pursuing a value-add strategy with select unit turnover, this property delivers compelling investment flexibility in a highly desirable suburban market.

FOR SALE DETAILS

PRICE

$2,425,000 USD

PRICE/SF

$56 USD /SF

# OF UNITS

10

PRICE/UNIT

$242,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

U-34-30-20-2TY-000003-00001.1

ASK ABOUT THIS PROPERTY

Carleen LesterCentury 21 Beggins EnterprisesMore Info
813-244-0517

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Carleen LesterCentury 21 Beggins EnterprisesMore Info
813-244-0517

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.