316 W Columbus Dr - Apartments FOR SALE


Tampa, FL 33602- Tampa Heights
$1,099,999 USD
727-688-8744
316 W Columbus Dr, Tampa, FL for Sale
$1,099,999 USD
Apartments - FOR SALE
1/33
null | 7.64% Cap Rate

316 W Columbus Dr
Tampa, FL 33602
Tampa Heights


OVERVIEW

Fully rented multi-unit investment opportunity just minutes from Armature Works and Downtown Tampa. This income-producing property features multiple structures with strong rental flexibility and future development potential in a rapidly growing corridor. The front building includes a 4 bedroom / 2 bath layout currently configured into four individual units, plus an upstairs 2 bedroom / 1 bath unit and an additional 1 bedroom / 1 bath unit below. In the rear of the property, a detached 1 bedroom / 1 bath cottage provides additional income and tenant appeal. Property features include community laundry, private laundry inside the 4/2, and multiple rental configurations designed to maximize cash flow. Prime location near the Riverwalk, Armature Works, Downtown Tampa dining, retail, and major employment hubs. Fully rented with immediate income in place. Strong cash flow today with long-term appreciation and redevelopment upside. Ideal for investors seeking stabilized returns in a high-demand area.

FOR SALE DETAILS

PRICE

$1,099,999 USD

PRICE/SF

$372 USD /SF

# OF UNITS

7

PRICE/UNIT

$157,143

CAP RATE

7.64%

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,410 SF

ZONING

RM-16

APN/PARCEL ID

A-13-29-18-4Y3-000001-00008.0

ASK ABOUT THIS PROPERTY

Jimmy BrylinkeBrylinke Noseworthy Group Realty ExpertsMore Info
727-688-8744

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Jimmy BrylinkeBrylinke Noseworthy Group Realty ExpertsMore Info
727-688-8744

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