This 3.25± acre property in Zephyrhills, Florida, offers a unique investment opportunity with multiple income streams and future redevelopment potential. Comprising seven contiguous parcels, the site generates approximately $11,000 per month in gross income from residential rentals, RV storage spaces, and a cabinet shop tenant. Tenants pay most utilities, keeping operating costs low and ensuring stable cash flow.
Recent capital improvements include new septic systems, roofs, HVAC units, flooring, cabinets, and plumbing across several residential units, reducing near-term maintenance costs for a new owner. Zoned C-2 and C-3, the property provides flexibility for continued income production or future commercial redevelopment.
Located just off Gall Blvd (US 301), the property benefits from a traffic count of approximately 21,500 vehicles per day and proximity to major regional hubs such as Tampa and Wesley Chapel. With a net operating income of $113,719 and a cap rate of 6.02%, this property represents a turnkey investment with upside potential in a growing market.