813-345-5887
1405 S Lorenzo Ave, Tampa, FL for Sale
Apartments - FOR SALE
1/74
null | Request Cap Rate

1405 S Lorenzo Ave
Tampa, FL 33629
SoHo


HIGHLIGHTS

  • Rare South Tampa Offering: 40-unit boutique apartment community in one of Tampa’s most sought-after submarkets
  • Irreplaceable Location: Exceptionally high barriers to entry with no new multifamily units planned or proposed within one mile (CoStar, Axiometrics)
  • Durable Construction: Two-story concrete block buildings featuring 65% two-bedroom layouts
  • Affluent Bayshore Gardens Submarket: 1-mile avg household income over $210,000 (Esri) & avg single-family home price of $1.69 million (Zip 33606, 2025
  • Iconic Setting: Steps from Bayshore Boulevard, a 4.5-mile scenic waterfront trail renowned for its views of Tampa Bay
  • Premier Lifestyle Access: Minutes from Hyde Park Village, SoHo District, and South Tampa’s most popular dining, retail, and entertainment destinations

OVERVIEW

Bayshore Palms at SoHo presents a rare opportunity to acquire a 40-unit boutique apartment community in the heart of South Tampa, one of the city’s most coveted and supply-constrained submarkets. Ideally located steps from iconic Bayshore Boulevard and minutes from Hyde Park Village and the SoHo entertainment district, the property offers residents an unmatched lifestyle surrounded by Tampa’s premier dining, retail, and waterfront amenities. Constructed with durable concrete block and majority two-bedroom layouts, Bayshore Palms combines stable in-place income with clear value-add potential through continued interior and exterior enhancements. Many units have already been updated with luxury vinyl plank flooring, granite or quartz countertops, stainless steel appliances, and modern finishes, while opportunities remain to further elevate the property with in-unit washer/dryers, smart home features, and refreshed exterior aesthetics. Zoned for top-rated schools and surrounded by strong demographics, the property is well-positioned to capture long-term appreciation and rental growth in one of Tampa’s most desirable neighborhoods.

FOR SALE DETAILS

PRICE

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# OF UNITS

40

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bayshore Palms at SoHo

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

RM-24

APN/PARCEL ID

A-27-29-18-3PQ-000003-00002.0

ASK ABOUT THIS PROPERTY

Avery JordanFranklin StreetMore Info
813-345-5887

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Avery JordanFranklin StreetMore Info
813-345-5887

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