4002-4004 N Branch Ave - Apartments FOR SALE


Tampa, FL 33603- Seminole Heights
$1,435,000 USD
813-335-1976
4002-4004 N Branch Ave, Tampa, FL for Sale
$1,435,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

4002-4004 N Branch Ave
Tampa, FL 33603
Seminole Heights


HIGHLIGHTS

  • Renovated 7-Unit Multifamily Asset in the Highly Sought-After Seminole Heights Neighborhood
  • 3 of 7 Units are Two-Story Townhome-Style Layouts
  • 1985 Concrete Block Construction with Pitched Roofs and Central HVAC
  • Each Unit Features Vinyl Wood Flooring, Granite Countertops, Stainless Steel Appliances Including Dishwashers, Updated Cabinetry, and In-Unit W/D
  • Prime Location Near Retailers Such As Starbucks (0.4 Mi), Publix Super Market (0.6 Mi), Walmart Supercenter (0.9 Mi), Save-A-Lot (1.1 Mi)
  • Nearby Major Employers Include St. Joseph’s Women’s Hospital (3.5 Mi), Tampa General Hospital (4.7 Mi), and University of South Florida (6.4 Mi)

OVERVIEW

Branch Ave Flats is a newly renovated 7-unit multifamily property located in the heart of Seminole Heights, one of Tampa’s most dynamic and rapidly evolving neighborhoods. Featuring an attractive mix of spacious two-bedroom floor plans averaging 871 square feet, including three townhome-style layouts, the property offers residents modern living in a highly desirable urban setting surrounded by top retail, dining, and entertainment destinations. Built in 1985 with durable concrete block construction, Branch Ave Flats has undergone more than $120,000 in recent capital improvements. Each unit showcases vinyl wood flooring, granite countertops, stainless steel appliances, updated cabinetry, and in-unit washer and dryers, while exterior upgrades include a new roof (2024), Bermuda shutters, enhanced landscaping, and repaved parking. With strong in-place operations and additional rental upside potential, the property is ideally positioned near major redevelopment projects such as the $800 million Robles Park Village transformation and The Heights Riverfront District, offering investors a turnkey asset with continued growth potential in one of Tampa’s most sought-after submarkets.

FOR SALE DETAILS

PRICE

$1,435,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

7

PRICE/UNIT

$205,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Branch Avenue Flats

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

871 SF

ZONING

SH-CG

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Eve LowryFranklin StreetMore Info
813-335-1976

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Eve LowryFranklin StreetMore Info
813-335-1976

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