Located in Tampa's high-end Palma Ceia neighborhood, Ivy Flats is a recently-renovated, six-unit apartment community with a commanding location one block east of the entrance to the Palma Ceia Golf & Country Club, just minutes away from exclusive Hyde Park Village shopping and dining. The property's cobblestoned, mature tree-lined street makes an ideal location for all who appreciate the rich history of the neighborhood. To preserve the property's historical charm and to upgrade units to current standards, the owner completed a $643K ($107K/unit) renovation program that will allow a new owner to drive rents with minimal additional capital expenditure. Unit interiors include stainless steel appliances, granite countertops, solid wood cabinets, wood vinyl floors, subway tile backsplashes, and wine refrigerators. The individually unique split floor plans reveal updated closets, energy efficient central air conditioning and heat, modern LED fixtures, ceiling fans, and upgraded bathrooms. To complement the highgrade unit interiors, the owner also updated exterior amenities and landscaping, in keeping with the neighborhood's luxury single-family homes.