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5609 Nebraska Avenue, TAMPA, FL 33604
Priced at Only: $939,000
For more Information Call Office: 855.844.5200
Address: 5609 Nebraska Avenue, TAMPA, FL 33604
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  • MLS#: TB8338524 ( Residential Income )
  • Street Address: 5609 Nebraska Avenue
  • Viewed: 18
  • Price: $939,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1935
  • Bldg sqft: 0
  • Bedrooms: 5
  • Total Baths: 4
  • Garage / Parking Spaces: 2
  • Days On Market: 19
  • Additional Information
  • Geolocation: 27.9986 / -82.4509
  • County: HILLSBOROUGH
  • City: TAMPA
  • Zipcode: 33604
  • Subdivision: Prestons Sub
  • Provided by: FUTURE HOME REALTY INC
  • Contact: Edward Moore, Jr.
  • 813-855-4982
  • mfrmls
  • DMCA Notice
  • Description
    East seminole heights mixed use opportunity! 6 sources of income consisting of: a quad apartment building / a restaurant / a large billboard / & small storage building. This perfectly located multi use property is right in the thick of all of the revitalization of homes, new construction, and restaurant concepts. The property is composed of: 4 unit quadplex (fully rented) a 2/1 (740 sf. ), b 1/1 (400 sf. ), c 1/1 (560 sf. ), d 1/1 (560 sf. ), a separate garage / workshop adjacent to apartments (currently a part of restaurant lease); a free standing restaurant property (currently rented mexican restaurant) with transferable 2cop liquor license, 1 mono pole billboard currently on a land lease. The entire property is ci zoned so most uses are welcome on the property. The entire property is fully leased with an annual income of $95,903. 40 and a net operating income of $78,106... Roughly an 8 cap. All apartment units have been renovated and are leased. 4 years remain on the restaurant lease with tenant having an additional 5 year option thereafter with annual increases. Other recent capital improvements to the property are: a brand new waterline and meter to the apartment building, new roof on apartment building, and new perimeter fencing installed. No owner financing is being offered.
Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 1.00
Close Date
  1. 0000-00-00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Balcony
Garage Spaces
  1. 1.00
Heating
  1. Electric
Interior Features
  1. Ceiling Fans(s)
Legal Description
  1. PRESTON'S SUBDIVISION N 82 FT OF W 145 FT OF LOT 1 LESS W 15 FT FOR ST BLOCK 2
Levels
  1. Two
Living Area
  1. 3907.00
Area Major
  1. 33604 - Tampa / Sulphur Springs
Net Operating Income
  1. 0.00
Parcel Number
  1. A-31-28-19-4KE-000002-00001.2
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Tenant Pays
  1. Electricity
  2. Sewer
  3. Trash Collection
  4. Water
Township
  1. 28
Utilities
  1. Public
Views
  1. 18
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/TB8338524
Water Source
  1. Public
Year Built
  1. 1935
Zoning Code
  1. SH-CI
Headshot for Associate Laura Uribe
  1. Laura Uribe, REALTOR ®
  2. Tropic Shores Realty
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