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7-Unit Gated Townhome Community
For Sale
$1,325,000

12216 N 59th Street, Tampa, FL 33617

Seven fully occupied townhome-style units feature gated access, a community pool, and reserved parking.

Property SizeContact for details
Days on Market66

Property Features for 12216 N 59th Street

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Furnished Yes

Amenities

Acres: 0.8, Square Feet: 34858, Features: 1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre, Oversized Lot, In Residential Area, Treed Lot
Roof: Comp Shingle Roof, Shingle
Fencing: Fenced
Sewer: Public Sewer, Public Sanitation, Sewer
Parcel Number: 0369710502, Tax Annual Amount: $11,331, Tax Legal Description: 1HP THE UPPER PLACE A CONDOMINIUM, Tax Year: 2025
Gross Income: $147,840
Cooling: Attic Fan, Ceiling Fan(s), Central Individual A/C, Central Air
Heating: Central
Number Of Units Total: 7, Special Listing Conditions: Sale, Standard Status: Active, Total Actual Rent: 147840
Parking Total: 10, Features: Assigned, Guest
Construction Materials: CBS Construction, Slab Construction, Levels: 2, Stories: 2, Year Built: 1984, Year Built Details: Resale, Building Area Total: 7072, Building Features: Landscaped, Pool, Automobile Traffic, Pedestrian Traffic, Structure Type: Multi Family
Insurance Expense: 8750, Other Expense: 10870
County Or Parish: Hillsborough County
Leasable Area Units: Square Feet, Leasable Area: 7072
Units In Community: 7
Electric On Property YN: t, Electric: Separate Meters, Utilities: Cable Connected, Cable Available, Electricity Available, Water Available
Green Energy Efficient: Ventilation
Inclusions: Building Only, Business And Building
Water Source: Public
Road Frontage Type: City Street, City/County Maintained, City, Road Responsibility: Public Maintained Road
Accessibility Features: Accessible Parking

Building Details

Year Built 1984
Listing Agency: TGG Home Authority LLC
Listed By: Russell Lenard Goldstein
Source: Riserealty
Added: Jul 2 Changed: Sep 4 Last Checked: Sep 5 at 6:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TGG Home Authority LLC

Investment Insights

Based on property information with market context.

This offering is a fully occupied, 7-unit townhome-style community with gated access. The property features updated units, reserved parking, and a community pool, an amenity noted as uncommon for a 7-unit community.

The community includes units that are individually deeded, with four units currently fully furnished and operated as vacation rentals/Airbnb. The sale also includes a 0.40-acre parcel located behind the property.

The property is described as being less than 2 miles from University of South Florida, AdventHealth Hospital Tampa, VA Medical Center, and Moffitt Cancer Center, supporting a broad mix of local employment and education demand. It is also described as close to local retail, dining, hospitality, office uses, and Busch Gardens of Tampa Bay.

Key Highlights

  • 7 fully occupied townhome‑style rental units in a gated community
  • Year built: 1984
  • Community pool and reserved parking for residents

Property Analytics

Current Use

Divine Property Developers Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Parking Lot & Garage Butcher Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,067
Businesses Nearby

Demographics for 33617, FL

48,267
Population
21,912
Households
2.2
Avg Household Size
33
Median Age
29%
College-Educated
89%
High-School Grad
8.8 sq mi
ZIP Area
5,485
Density / Sq Mi
$48,651
Median Household Income
$33,710
Median Earnings
$1,337
Median Rent
$267,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Seven fully occupied townhome-style units feature gated access, a community pool, and reserved parking.
Where is this apartment building located?
The property is located at 12216 N 59th Street Tampa, FL.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 7 fully occupied townhome‑style rental units in a gated community; Year built: 1984; Community pool and reserved parking for residents
More about this property
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