109 W 131ST AVENUE TAMPA FL 33612 MLS #TB8317229

109 W 131ST AVENUE
TAMPA, FL, 33612
$1,175,000
5 Beds
5 Baths
3,780 SqFt
0.98 Acres
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PRIME LOCATION – INVESTOR ALLERT!!
Excellent opportunity to own a MULTI-FAMILY property in the heart of Tampa Bay! This offering includes a DUPLEX (1,458 sq ft) and a TRIPLEX (2,187 sq ft) situated on nearly 1-ACRE, right off bustling Florida Ave, just south of Fletcher.

This 3,645-square-foot property features five 2BR/1BA units, each 729 sq ft, built with sturdy concrete BLOCK construction, central AC, and NEW SHINGLE ROOFS. Tenants pay all utilities with separate meters aside from a shared water meter.
Each unit is in good condition, having been updated a few years ago with wood-look standard tile flooring. Most units feature stainless steel appliances and quality cabinetry in the kitchens and bathrooms. Parking is available for each unit.

All units are occupied by month-to-month tenants with below-market rents, providing an excellent opportunity for rental INCOME GROWTH. Plus, with no HOA, there’s flexibility for future development! The existing structures are located at the back of the lot, leaving room to potentially BUILD ADDITIONAL UNITS at the front.
Located minutes from downtown Tampa, International Mall, MacDill Air Force Base, I-275, shopping, dining, and more! Please do not visit the property or disturb the tenants. Don’t miss out on this fantastic investment opportunity!

Property Details

Price:
$1,175,000
MLS #:
TB8317229
Status:
Active
Beds:
5
Baths:
5
Address:
109 W 131ST AVENUE
Type:
Multi Family
Subdivision:
NORTH TAMPA HEIGHTS
Neighborhood:
33612 – Tampa / Forest Hills
City:
TAMPA
Listed Date:
Nov 9, 2024
State:
FL
Finished Sq Ft:
3,780
Total Sq Ft:
3,780
ZIP:
33612
Lot Size:
42,900 sqft / 0.98 acres (approx)
Year Built:
1984
Units:
5
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Schools

Elementary School:
Lake Magdalene-HB
Middle School:
Buchanan-HB
High School:
Gaither-HB

Interior

Appliances
Range, Refrigerator
Cooling
Central Air
Flooring
Ceramic Tile, Tile
Heating
Central
Laundry Features
Outside

Exterior

Construction Materials
Block
Exterior Features
Private Mailbox
Roof
Shingle

Financial

Tax Year
2023
Taxes
$7,765

Map

Community

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109 W 131ST AVENUE
TAMPA, FL