10500 Bridgewood Dr Riverview, FL 33578
- Residential income homes
- 5,486 SF
- 2.30 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 10500 Bridgewood Dr
- Lot size
- 2.30 lot acres
- Property size
- 5,486 SF
- Property type
- Residential income homes
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Riverview
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.3299922
- Latitude
- 27.8686566
