This Property is no longer advertised on Showcase.com.
Off Market
1/7

14566 Seaford Cir
Tampa, FL 33613


HIGHLIGHTS

  • 248 Out Of 260 Condo Units Located in Tampa, FL // 92% of Total Units are in Classic Condition or Partially Renovated
  • Value-Add Opportunity with Excellent Visibility in a High Demand Location Near Major Employers/University/Significant Developments
  • Property is Divided into Two Phases: Phase One is Wholly Owned & Operated as Apartments (128 units) with No HOA.
  • Phase Two is a Fractured Condo Community with 90.9% Ownership (120 out of 132 units)
  • 100% Control Over the HOA Board // Potential to Collapse HOA by-Right Per Condo Docs (90%+ bulk ownership)
  • Fully Renovated Units are Achieving $475 Monthly Premiums Over Classic Units (2 Bedrooms)

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Serenity Lake

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

183832

STORIES

2

YEAR BUILT

1974

PARKING SPACES

392

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

U-05-28-19-9AG-000000-00000.0,U-05-28-19-ZZZ-000001-26110.0