UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $200
Subdivision Florida Garden Lands Rev M
MLS Listing ID TB8415309
Bedrooms 5
HOA Y/N No
Year Built 1964
Annual Tax Amount $3,540
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 80x280
Property Sub-Type Duplex
Source Stellar MLS
Property Description
This specific property offers 11303 Spivey Rd. Gibsonton, FL 33534 - 1/1 rented units with NEW ROOF and inside upgrade potential, contributing to a portfolio-wide pro forma CAP rate of 10% and immediate cash flow potential. The entire portfolio is 80% stabilized with upside through lease-up and potential rent increases!
Whether you're looking for a strong-performing individual rental or want to acquire all 10 units for scale and increased 6-FIGURE returns — this opportunity checks the boxes!
Location
State FL
County Hillsborough
Community Florida Garden Lands Rev M
Area 33534 - Gibsonton
Zoning RSC-2
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Ductless
Fireplace false
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Fence
Utilities Available Electricity Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8415309
