1545 Spruce Terrace Tampa, FL 33607

Listing agency JLL - Tampa, Florida Show Phone

Listed by Joe Thavis · License #FL 3413769

Source Crexi

Added: Apr 12 Updated: Jul 21 at 1:54AM Checked: Jul 21 at 1:54AM

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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.

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.

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FAQs

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.