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$3,500,000
801 E Palm Ave, Tampa, FL 33602
0 Beds
0 Baths
2,050 SqFt

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Presenting for Sale: Palm Villa Hostels, located at 801- 803 E. Palm Avenue and 1905 N. Taliafero Avenue. This is a Rare Investment Opportunity in the Tampa Heights Area of East Tampa. This Asset consists of 3 Historic Buildings offering 13 units that are leased individually and generating weekly and monthly rents. The entire Investment Portfolio is being Sold As- Is. 801 E. Palm Avenue offers 4 bedrooms, 2 baths and is 2,050 HSF. 803 E. Palm Avenue is 1,730 HSF and offers 5 bedrooms and 3 baths. 1905 N. Taliaifero Avenue offers 4 Bedroom and features 2,800 SF. There is onsite parking as well as common Street Parking giving ease of access to the property via Taliafero Avenue. Current Zoning of RM-24 Allows for Residential Mixed-Use up to 24 units or the Property may be converted to Commercial use as Professional Office or Redeveloped into a Small Office Complex or a Co-work Space. Nestled on the edge of Historic Tampa Heights and Historic Ybor City, this Location boasts a corner location surrounded by Restoration and New Development Happening in all Directions- a Terrific Opportunity to Invest in East Tampa! You may keep these three Buildings as current, Hotel/ Motel, upgrade the property for increased monthly income, convert to a greater yielding housing complex (Student Housing, ALF, Air BnB, etc…) or re-develop the site into to Professional Offices. CALL TODAY FOR A VIEWING.
  • Price:
  • $3,500,000
  • Square Footage:
  • 2,050
  • Acreage:
  • 0.38
  • Year Built:
  • 1902
  • Listing ID #:
  • MFRT3318428
  • Street Address:
  • 801 E Palm Ave
  • City:
  • Tampa
  • State:
  • Florida
  • Postal Code:
  • 33602
  • County:
  • Hillsborough
  • Community:
  • Tampa
  • Subdivision:
  • Bonniehurst
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Approximate Total Liveable Area:
  • 2050
  • Building Condition:
  • Completed
  • Building Security:
  • Gated Community
  • Construction Type:
  • Wood Frame
  • Foundation:
  • Crawlspace
  • Stories:
  • 2
  • Total # Of Buildings:
  • 3
  • Total Building Square Footage:
  • 6680
  • Type Of Roof:
  • Shingle
  • Year Built:
  • 1902
  • Conforms To Zoning:
  • Rm-24
  • Federal Flood Zone:
  • X
  • Lot Features:
  • Corner Lot, Historic District, City Limits, Neighbourhood, Sidewalk, Special Taxing District, Street Lights, Paved
  • Lot Square Footage:
  • 16830
  • Road Frontage:
  • 102
  • Road Frontage Type:
  • City Street
  • Road Type:
  • Asphalt
  • Total Number Of Lots:
  • 3
  • Days On Market:
  • 315
  • On Market Date:
  • 2021-07-16
  • Originating Mls:
  • Mfrmls
  • Ownership:
  • Corporation
  • Property Taxes:
  • $2,284
  • Tax Year:
  • 2020
  • Parking Description:
  • Common, Curb Parking
  • Sewage Type:
  • Public Sewer
  • Utilities:
  • Electricity Available
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

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