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Property profile & analytics
FOR SALE
Apartment buildings

708 E Hollywood St Tampa, FL 33604

9,221 SF Built 1900
Property ID
US19-0433542
Property summary
AI-generated overview

River Club presents a rare opportunity to acquire 11 waterfront rental units along the scenic Hillsborough River in Tampa, FL. Situated on a spacious 0.8-acre lot, the property features ten 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, along with on-site laundry and dedicated parking. With future zoning of R-20, investors have the potential to redevelop the site into up to 16 waterfront units in the future. Additional income can also be generated through boat dock rentals, enhancing the property's long-term value and cash flow potential. Located near the heart of Seminole Heights, River Club is surrounded by a wave of new development including apartments, condos, and single-family homes. The property offers residents convenient access to major attractions such as Lowry Park Zoo, Rogers Park Golf Course, and Busch Gardens. It's also just 4.3 miles from the University of South Florida, which enrolls nearly 49,000 students. Tenants can enjoy some of Tampa’s most beloved local dining options nearby, making River Club both a lifestyle-centric and investment-savvy acquisition.

Property profile
Verified
Property type Apartment buildings
Year built 1900
Total area 9,221 SF
UPID US19-0433542
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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