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Property profile & analytics
OFF-MARKET
Commercial real estate

911 Waters Ave Tampa, FL 33604

Property ID
US19-0424888
Property summary
AI-generated overview

This fully occupied, seven-unit apartment building at 911 W Waters Ave, Tampa, FL 33604, presents a compelling investment opportunity with immediate rental income. The property comprises seven one-bedroom, one-bathroom units. Its Commercial General (CG) zoning allows for versatile future development or mixed-use potential. Strategically located along major highways I-275 and US-41, it boasts high visibility and convenient access for tenants. Proximity to the Hillsborough Ave & Rome Ave bus stop enhances tenant convenience. The property's location near significant employers, including AdventHealth Tampa, the University of South Florida, and Tampa International Airport, contributes to strong tenant retention. Ample on-site parking is available. The property's position along a busy road offers high traffic exposure, beneficial for potential commercial tenants. This property is ideal for investors seeking to capitalize on Tampa's thriving rental market and benefit from the zoning's potential for future value-add opportunities. The asking price is $455,000. The property is scheduled for a walkthrough on November 19, 2024, and an auction on December 3, 2024, with a 5% buyer premium. The buyer is responsible for closing costs.

Property profile
Verified
Property type Commercial real estate
UPID US19-0424888
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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