717 S Orleans Ave - Apartments FOR SALE


Tampa, FL 33606- Hyde Park
$3,400,000 USD
813-610-6392
717 S Orleans Ave, Tampa, FL for Sale
$3,400,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

717 S Orleans Ave
Tampa, FL 33606
Hyde Park


HIGHLIGHTS

  • 717 S Orleans Avenue is an eight-unit apartment building consisting of all one-bedroom/ one-bathroom units.
  • Nestled in the Hyde Park neighborhood of Tampa, a historic suburb just south of Downtown Tampa.
  • The location is ideal to easily access beautiful waterfront views of Hillsborough Bay.
  • Just a two minute walk to Hyde Park Village and a 5 minute walk to Bayshore Boulevard.

OVERVIEW

Pineywoods Realty exclusively presents 717 S Orleans Avenue to the market. The property is an eight-unit apartment building with a unit-mix of one-bedroom/ one-bathroom and a den. The units rent for $2,210 per month which includes water and garbage, average 780 square feet, and offer abundant natural light and windows. Residents are in a prime location of Hyde Park outside of Downtown Tampa. Its just a two-minute walk to Hyde Park Village and a five-minute want to Bayshore Boulevard. The offering is presented with an assumable mortgage, maturity Jan 1, 2028, interest rate of 4.66%; balance is +-$1.1M. Insurance is $15K; Property Tax is $34K, and the NOI is $150-$160k.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$431 USD /SF

# OF UNITS

8

PRICE/UNIT

$425,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

RS-60

APN/PARCEL ID

A-26-29-18-4TE-000003-00006.0

ASK ABOUT THIS PROPERTY

Sanjay AminPineywoods RealtyMore Info
813-610-6392

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Sanjay AminPineywoods RealtyMore Info
813-610-6392

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