$1,200,000
$1,400,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
8,256 SqFt
SOLD DATE : 11/16/2021
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 8,256 sqft
Price per Sqft $145
Subdivision Unplatted
MLS Listing ID U8115254
Sold Date 11/16/21
Construction Status No Contingency
HOA Y/N No
Year Built 1972
Annual Tax Amount $9,379
Lot Size 3.160 Acres
Acres 3.16
Property Description
Prime Central Location Just West of the Dale Mabry and Waters Ave Intersection. Great Investment Property or Redevelopment Site. This sale includes a connected parcel at 8418 N Grady Ave. The total acreage of both parcels is about 3.75 acres. This mixed use project currently offers 12 stilt frame 1 bed 1 bath residences fully occupied at between $700 - $850 a month situated around a small lake, a duplex fronting Grady Avenue consisting of a 2 bed 1 bath unit and a 1 bed 1 bath unit, and multiple small warehouses, all of which are currently occupied. This property is really a mixed use property with strong historical occupancy that has income from several sources, stilt homes, duplex, and small warehouses. In total, the property provides approximately $14,000 a month. Furthermore, the PD zoning will allow 40 Townhome units in a redevelopment concept. Cash offers only, interior showings only after accepted offer.
Location
State FL
County Hillsborough
Community Unplatted
Zoning PD
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Balcony
Utilities Available Cable Available, Electricity Available, Public, Water Available
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Stilt/On Piling
Lot Size Range 2 to less than 5
Sewer Public Sewer, Septic Tank
Water Public
Structure Type Wood Frame
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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