$1,200,000
$1,300,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
4,800 SqFt
SOLD DATE : 07/18/2022
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $250
Subdivision Bel Mar Rev Island Unit
MLS Listing ID T3373043
Sold Date 07/18/22
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1956
Annual Tax Amount $8,269
Lot Size 0.260 Acres
Acres 0.26
Property Description
Welcome to ever growing South Tampa! This 4800SF, concrete block, five (5) unit retail strip center is located in the affluent area of Sunset Park near Beach Park and close by the West Shore Marina District. Zoned CG and situated on 11,100SF of land. This area is booming with new restaurants/bars and shopping. An abundance of residential real estate development including Debartolo Developments' The Isles at Old Tampa Bay is just a short drive down West Shore Blvd. This development will feature up to 550 residences, including 67 waterfront estate lots. This retail building has been owned by the same family for 50 years and is currently under market rent at approximately $14/FT. All leases are month to month. There are nine (9) parking spaces in the front, as well as, parking in the rear of the building. Units 3307-3311 are on separate water meters and each tenant pays their own water/sewer/trash. Units 3313 & 3315 are on one water meter and paid by the owner (included in the rent). There are 6 electric meters and all tenants pay their electric. Owner pays the house electric meter which operates the signs. The seller does not carry flood insurance although it may be required by your lender. Please do not disturb the tenants. Contact your real estate professional to schedule a tour.
Location
State FL
County Hillsborough
Community Bel Mar Rev Island Unit
Zoning CG
Interior
Cooling Central Air
Exterior
Utilities Available BB/HS Internet Capable, Electricity Available
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Structure Type Block
New Construction false
Construction Status Inspections
Others
Ownership Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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