0 Memorial Hwy Tampa, FL 33635
This exceptional 6,144 sq ft, two-story resort in Tampa, Florida, presents a lucrative investment opportunity. Boasting a 98% occupancy rate and a 9.60% cap rate, this established business generates a net operating income (NOI) of $190,000. The property, situated on 1.33 acres, features 18 beds and comfortably accommodates over 30 guests. Completely renovated in 2021, the resort includes a commercial-grade kitchen, luxurious furnishings, and a resort-style backyard oasis with a heated pool, cabanas, and grilling pavilion. The property is zoned PD and benefits from a prime location in Hillsborough County, close to Tampa International Airport, beaches, and downtown attractions. This stabilized investment, operating successfully for four years, offers a proven track record of consistent income, supported by available tax returns. The asking price is $1,750,000 ($284.83/sq ft), and owner financing is available. This turnkey operation is ideal for a 1031 exchange and presents significant potential for increased revenue through expanded marketing and rental strategies. The property's exceptional features, high demand location, and strong financial performance make it a truly unique investment opportunity. The property is offered fee simple.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.