Palm Villa Hostel FOR SALE


Tampa, FL - Ybor
$3,300,000 USD
813-955-2340
, Tampa, FL for Sale
$3,300,000 USD
FOR SALE
1/4
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Palm Villa Hostel
Tampa, FL
Ybor


HIGHLIGHTS

  • Stabilized hotel/motel operation with consistent weekly occupancy
  • Approximate monthly income of $40,000 supporting immediate returns
  • RM 24 zoning offering future multifamily redevelopment potential
  • Three-building portfolio positioned on a combined 16,830 square foot site
  • Seller financing available upon request

OVERVIEW

This rare three-building portfolio presents a compelling opportunity to acquire a stabilized, income-producing hospitality asset in one of Tampa’s most dynamic urban corridors. Located at 801 E Palm Avenue, 803 E Palm Avenue, and 1905 N Taliaferro Avenue, the properties operate as an active weekly hotel/motel achieving consistent occupancy and generating approximately $40,000 in monthly income. With seller financing available, the offering presents an accessible entry point for investors seeking strong in-place revenue with the potential for future redevelopment. Situated on a combined 16,830 square feet, the portfolio consists of three frame residential structures offering 2,050 square feet, 1,730 square feet, and 2,900 square feet respectively. The RM-24 zoning unlocks meaningful multifamily redevelopment options, allowing investors to capitalize on the tremendous demand for urban residential product in Tampa’s rapidly expanding core. Existing on-site and street parking provide operational convenience and flexibility for both current hospitality use and future repositioning strategies.

ASK ABOUT THIS PROPERTY

David LatschaAmerican Homes Realty, LlcMore Info
813-955-2340

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David LatschaAmerican Homes Realty, LlcMore Info
813-955-2340

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