Income-Producing Multifamily Property Near
316 W COLUMBUS Dr Tampa, FL 33602
For Sale
$999,999
Fully rented multi-unit property with development potential near Armature Works.
Days on Market95
Property Features for 316 W COLUMBUS Dr
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1921
Listing Agency:
(727) 688-8744
Listed By:
Jimmy Brylinke, II · License #3257716
(727) 688-8744
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 26 at 5:34AM
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 Jimmy Brylinke, II
Investment Insights
Based on property information with market context.
This income-producing multifamily property is located minutes from Armature Works and Downtown Tampa. The property features multiple structures, offering rental flexibility and future development potential in a rapidly growing area. The front building includes a 4-bedroom, 2-bath layout currently configured into four individual units, plus an upstairs 2-bedroom, 1-bath unit and an additional 1-bedroom, 1-bath unit below. A detached 1-bedroom, 1-bath cottage at the rear of the property provides additional income. Property features include community laundry and private laundry inside the 4/2 unit. The rental configurations are designed to maximize cash flow. The location is near the Riverwalk, Armature Works, Downtown Tampa dining, retail, and major employment hubs. The property is fully rented with immediate income. It offers strong cash flow with long-term appreciation and redevelopment upside, making it suitable for investors seeking stabilized returns in a high-demand area. The property has a bike score of 72, indicating it is very bikeable. The walk score is 53, meaning it is somewhat walkable, and the transit score is 37, indicating some transit options are available.
Key Highlights
- Fully rented property with immediate income and strong cash flow.
- Prime location near Armature Works, Downtown Tampa, and the Riverwalk.
- Multiple rental configurations designed to maximize cash flow.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Multifamily property - Fully rented multi-unit property with development potential near Armature Works.
Where is this multifamily property located?
The property is located at 316 W COLUMBUS Dr Tampa, FL.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Fully rented property with immediate income and strong cash flow.; Prime location near Armature Works, Downtown Tampa, and the Riverwalk.; Multiple rental configurations designed to maximize cash flow.
