801 E Palm Avenue Unit 2, Tampa, FL 33602

$1,166,666
2,050
SqFt

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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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