About 4511 26th Avenue S
Stellar income property, once restorations are complete. This is truly a unique opportunity for a savvy investor boasting a 20% cap rate! This is 3 tax parcels being offered together. All structures were flood damaged in 2024 and are down to studs awaiting renovations. All big ticket items are finished. Metal roof, HVAC, windows, septic, and electrical are all working. Needs drywall, kitchens and baths, flooring and millwork. Main home can be lived in and one could rent out the other assets to pay the mortgage, or rent out everything for maximum income potential. The second home was used as 7 efficiency rooms with shared kitchen and laundromat. The rooms feature a private entrance and separate electric meter. There are 6 RV pads, also separately metered, and currently half rented. The main home could also be turned into 7 efficiency rooms with shared kitchen for even more income potential. You will have no shortage of tenants due to proximity to the Port of Tampa, 10 minutes to Ybor city, 10 minutes to Amalie Arena, and the gateway to everything Tampa has to offer. Before the hurricanes of 2024 this property had rents over $10,000 monthly, not including the main house. Do not pass up this amazing opportunity!
Features of 4511 26th Avenue S
| MLS® # | TB8432978 |
|---|---|
| Price | $700,000 |
| Bedrooms | 17 |
| Bathrooms | 11.00 |
| Square Footage | 1,932 |
| Acres | 0.33 |
| Year Built | 1959 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Listing Details
| Office | TOMLIN, ST CYR & ASSOCIATES LLC |
|---|
Listing Map
Neighborhood Information for 4511 26th Avenue S
Moderate Residential Turnover, Coastal Area
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Bing Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
2 Miles | |
|
|
Palm River Elementary School Public - Preschool to 5Th Grade |
2 Miles | |
|
Desoto Elementary School Public - Preschool to 5Th Grade |
2 Miles | |
|
|
Humpty Dumpty Academy Private - to |
2 Miles | |
|
|
Dowdell Middle Magnet School Public - 6Th Grade to 8Th Grade - Closest Middle School |
2 Miles | |
|
Literacy/Leadership/Technology Academy Public - Kindergarten to 8Th Grade |
2 Miles | |
|
|
Clair-Mel Elementary School Public - Preschool to 5Th Grade |
2 Miles |
School data provided by GreatSchools