Concrete Block Apartment
For Sale
Contact for pricing
Pending
1545 Spruce Terrace, Tampa, FL 33607
Built in 1964 on a 4.42-acre site, this concrete block community offers one-, two-, and three-bedroom units.
Property SizeContact for details
Lot Size4.42 Acres
Days on Market117
Property Features for 1545 Spruce Terrace
General Information
Standard status
Pending
Lot size
4.42 Acres
Property subtype
Multifamily
Building Details
Year Built
1964
Listing Agency:
JLL - Tampa, Florida
(303) 525-8133
Listed By:
Joe Thavis · License #FL 3413769
Source:
Crexi
Added: Apr 12
Changed: Jul 21
Last Checked: Aug 4 at 11:00AM
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 JLL - Tampa, Florida
Investment Insights
Based on property information with market context.
Built in 1964, West River Flats is a concrete block apartment community on a 4.42-acre site, featuring a unit mix of one-bedroom (20.7%), two-bedroom (58.5%), and three-bedroom (20.7%) floor plans. Current ownership has renovated the majority of units with black appliances, granite countertops, shaker cabinets, tile flooring, and shiplap siding.
The property is located along North Rome Avenue, about 0.3 miles south of Interstate-275, which provides access east to Downtown Tampa, Historic Ybor City, Channelside, and Water Street, and west to Tampa International Airport, Westshore Business District, and the Gateway Business District. West River Flats is within the West River Redevelopment, one of the larger master redevelopment projects in Central Florida. Within the area, Stewart Middle Magnet School is one block east, and the N Blvd Bridge is three blocks east, leading to the Heights. The sale is being marketed as a preemptive marketing opportunity through the assumption of the current loan, which is in a lockout period until December 2022.
The property is located along North Rome Avenue, about 0.3 miles south of Interstate-275, which provides access east to Downtown Tampa, Historic Ybor City, Channelside, and Water Street, and west to Tampa International Airport, Westshore Business District, and the Gateway Business District. West River Flats is within the West River Redevelopment, one of the larger master redevelopment projects in Central Florida. Within the area, Stewart Middle Magnet School is one block east, and the N Blvd Bridge is three blocks east, leading to the Heights. The sale is being marketed as a preemptive marketing opportunity through the assumption of the current loan, which is in a lockout period until December 2022.
Key Highlights
- West River Flats is a concrete block multifamily community built in 1964 on a 4.42‑acre site.
- Unit mix across the community: 1‑bedroom (20.7%), 2‑bedroom (58.5%), and 3‑bedroom (20.7%).
- Located on North Rome Avenue, about 0.3 miles south of I‑275 for access to Downtown Tampa and Tampa International Airport.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,170
Businesses Nearby
Explore this area
Business Placement
Demographics for 33607, FL
24,767
Population
13,158
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
87%
High-School Grad
9.3 sq mi
ZIP Area
2,663
Density / Sq Mi
$66,404
Median Household Income
$43,404
Median Earnings
$1,771
Median Rent
$316,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Built in 1964 on a 4.42-acre site, this concrete block community offers one-, two-, and three-bedroom units.
Where is this apartment building located?
The property is located at 1545 Spruce Terrace Tampa, FL.
What are key features of this property?
This property features: West River Flats is a concrete block multifamily community built in 1964 on a 4.42‑acre site.; Unit mix across the community: 1‑bedroom (20.7%), 2‑bedroom (58.5%), and 3‑bedroom (20.7%).; Located on North Rome Avenue, about 0.3 miles south of I‑275 for access to Downtown Tampa and Tampa International Airport.
