12216 N 59th Street
Tampa, FL
Square Ft.
7,072
$1,325,000
As one of the most populous cities in Florida, Tampa is an ideal market in which to own quality rental units. This 7 unit, fully occupied community enjoys high demand due to attractive floorplans and privacy normally associated with single family home living, while also offering affordability and proximity to… Read More everything the area has to offer. By being in the heart of one of the most popular places to live in Florida, Milan Villas offers excellent, stable cash flow. Fully occupied with long term tenants and a desirable location! • Strong appeal to residents - featuring gated access, spacious, updated units, a community pool (unusual for 7 units), and reserved parking, these units enjoy high demand as annual or vacation rentals year round. • Stability - Townhomes are a high demand rental type in all markets, but particularly in the Tampa Bay area. Investors enjoy a solid and consistent tenant base, and residents the luxuries of a single family home with the conveniences/amenities that come with apartment living. • Location - Less than 2 miles from University of South Florida, Adventhealth Hospital Tampa, VA Medical Center and Moffitt Cancer Center - all major local employment and education centers, creating a broad local tenant base. Also, close to all local retail, dining, hospitality, office and world-famous Busch Gardens of Tampa Bay! • Flexibility - units are individually deeded, and four are currently fully furnished and operated as vacation rentals/Airbnb units. Can be sold off individually to owner/occupants or smaller investors if so desired. • Potential for additional units - Included in the sale is a 0.40 acre parcel behind the property, with the p Read Less
Courtesy of TGG Home Authority LLC 561-503-3648
Listing Snapshot
Days Online
22
Last Updated
Property Type
Multi Family
Square Ft.
7,072
Lot Size
0.8 Acres
Year Built
1984
MLS Number
B26048029
Additional Details
Property Access
Road frontage type: City Street
Building
Built in 1984, Building features: "Fenced Area", "Free Standing", "Pool", Construction materials: "CBS", "Wood Frame", Toal building area: 7072, 7 total units
Cooling
Attic Fan, Ceiling Fan(s), Central Air, Central Individual
Expenses
Insurance: $8,750, Maintenance: $2,600
Fence
Front Yard, Gate, Security
Foundation
Details: Slab
Heating
Central
Lot
0.8 acres, Landscaped, Many Trees, Oversized Lot
Energy Saving
Green indoor air quality: Ventilation
Parking
Assigned, Guest, Accessible Parking, 10 total parkings
Property
Zoning: RMC-20
Roof
Shingle
Security Features
Gated - No Guard
Sewer
Public Sewer
Taxes
Annual amount: $11,331
Tenant Pays
Cable TV
Utilities
Separate Meters, Cable Available, Electricity Connected, Water Connected
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