Property summary
This exceptional Class A investment property in Riverview, Florida, presents a unique opportunity. Situated on a 2.3-acre lot with 258 feet of Alafia River frontage leading to Tampa Bay and the Gulf of Mexico, this mixed-use property boasts 5,486 square feet of net rentable space. The portfolio comprises four rental units: two three-bedroom, two-bathroom homes and two one-bedroom apartments. All units are currently 100% occupied, generating a Net Operating Income (NOI) of $101,800. The property also includes a boat lift, a boat ramp, and five docks, all currently generating rental income. Renovated in 2019, the property is zoned ASC-1 and offers significant redevelopment potential. The asking price is $2,500,000, representing a price per square foot of $455.71 and a price per unit of $625,000. The property currently holds a Hillsborough County business license for boat repairs, further enhancing its income potential. This prime waterfront location offers an ideal blend of residential and commercial possibilities.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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