Property profile

10500 Bridgewood Dr Riverview, FL 33578

OFF-MARKET
Mixed-use properties
Property ID
US18-6037703
5,486 SF 2.3 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Mixed-use properties
Total area 5,486 SF
Lot 2.3 ac (100,188 SF)
UPID US18-6037703

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10500 Bridgewood Dr Riverview, FL 33578
Riverview metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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