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Charles Rutenberg Realty
801 E Palm Avenue Unit 2, Tampa, FL 33602
- $1,166,666
- 2,050
- SqFt
- List Price
- $1,166,666
- Status
- Active
- Days on Market
- 0
- MLS#
- TB8566378
- Property Style
- Hotel/Motel
- Year Built
- 1902
- Living Area
- 2,050
- Lot Size
- 5,610
- Acres
- 0.13
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Bonniehurst
- MLS Area Major
- Tampa
Property Description
Possible Owner Financing 9.5 CAP Rate This is one of three buildings that make up "PALM VILLA HOSTEL'S" Earns $50,000/ mo This one located on 803 E Palm Ave Tampa, FL * LODGING & HOSPITALITY AVIALABLE FOR INVESTMENT* Property goes with *801 E Palm Ave & 1905 N Taliaferro Ave Tampa, FL as a group (together asking is $3,500,000.00) TURN KEY property and business already bringing in money daily as it OPERATES as a Full Occupancy Hotel-Motel Excellent for Bed and Breakfast opportunity for increased revenue(SEE APPOX MONTHLY FINCIALS in Listing) This is a Rare Investment Opportunity in the Tampa Heights Area of East Tampa. This Asset consists of 3 Historic Buildings offering 20 units that are leased individually with Daily and Weekly Rates; makes about $15,000/mo...This property is ONLY minutes from Downtown Tampa, Channelside and Ybor DUE TO THIS BEING A BUSINESS CURRENTLY IN PROGRESS AND WITH MONTH TO MONTH GUESTS, NO REALTOR SIGNAGE ON PROPERTY
Additional Information
- Taxes Annual
- $4257
- Annual Gross Income
- 500000
- Location
- Neighbourhood, Street Lights
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Zoning
- RM-24
- Floor
- Laminate, Tile
- Appliances
- Dryer, Microwave, Refrigerator, Washer
- Utilities
- Public, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Frame, Wood Siding
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- A-13-29-18-4XW-000005-00002.1
- Legal Description
- BONNIEHURST W 1/2 OF LOTS 2 AND 3 BLOCK 5
Listing courtesy of AMERICAN HOMES REALTY GROUP. 800-913-8384
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