3227-3233 W Cypress St - Storefront Retail/Residential FOR SALE


Tampa, FL 33607- West Tampa
$2,395,000 USD
727-452-6864
3227-3233 W Cypress St, Tampa, FL for Sale
$2,395,000 USD
Storefront Retail/Residential - FOR SALE
1/9
null | 7.61% Cap Rate

3227-3233 W Cypress St
Tampa, FL 33607
West Tampa


HIGHLIGHTS

  • Value-add mixed-use center
  • Located in Midtown and on the edge of Westshore, two of the most affluent and populated submarkets in the Tampa MSA
  • The property consists of six first-floor retail units and three second-floor residential units 
  • The retail spaces are 100% occupied by six tenants, including a recently signed NNN lease. With only one of the six tenants having options remaining
  • The second-floor residential units are currently being operated as Airbnb’s but can be converted to apartments
  • Airbnb units are fully furnished and professionally designed by an interior decorator, offered as turnkey, high-performing listings

OVERVIEW

RIPCO Real Estate is pleased to offer for sale Midtown East, a ±7,204 SF mixed-use property located on the north side of W Cypress Street in Tampa, FL

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

7.61%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Midtown East

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

CG

APN/PARCEL ID

A-15-29-18-4PV-000006-00018.0

ASK ABOUT THIS PROPERTY

Ari RaviRipco Real EstateMore Info
727-452-6864

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Ari RaviRipco Real EstateMore Info
727-452-6864

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