714 E Hollywood St - Apartments FOR SALE


Tampa, FL 33604- Seminole Heights
$2,000,000 USD
813-559-2015
714 E Hollywood St, Tampa, FL for Sale
$2,000,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

714 E Hollywood St
Tampa, FL 33604
Seminole Heights


HIGHLIGHTS

  • Rare Opportunity to Own Waterfront Rental Units in Tampa, FL
  • 10x 1Bedroom/1Bath Units and 1x 2Bed/1Bath Units
  • 0.8 Acre Lot with Future Zoning of R-20, Providing Waterfront Redevelopment Potential of Up to 16 Units
  • On-Site Laundry Facility and Parking
  • Additional Potential Income from Boat Dock Rental Along the Hillsborough River
  • Nearby Entertainment Includes Lowry Park Zoo (1.9 mi), Rogers Park Golf Course (3.0 mi), and Busch Gardens (3.9 mi)

OVERVIEW

River Club presents a rare opportunity to acquire 11 waterfront rental units along the scenic Hillsborough River in Tampa, FL. Situated on a spacious 0.8-acre lot, the property features ten 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, along with on-site laundry and dedicated parking. With future zoning of R-20, investors have the potential to redevelop the site into up to 16 waterfront units. Additional income can also be generated through boat dock rentals, enhancing the property's long-term value and cash flow potential. Located near the heart of Seminole Heights, River Club is surrounded by a wave of new development including apartments, condos, and single-family homes. The property offers residents convenient access to major attractions such as Lowry Park Zoo, Rogers Park Golf Course, and Busch Gardens. It's also just 4.3 miles from the University of South Florida, which enrolls nearly 49,000 students. Tenants can enjoy some of Tampa’s most beloved local dining options nearby, including Rooster & the Till, The C House, and Ebisu Sushi Shack—making River Club both a lifestyle-centric and investment-savvy acquisition.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$475 USD /SF

# OF UNITS

11

PRICE/UNIT

$181,818

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

River Club

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

SH-RS

APN/PARCEL ID

A-25-28-18-4DN-000004-00004.0

ASK ABOUT THIS PROPERTY

Cary BrownFranklin StreetMore Info
813-559-2015

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Cary BrownFranklin StreetMore Info
813-559-2015

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