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Aaron Welch

admin@welchteamhomes.com +1(720) 675-9997

$ 1,325,000

Est. payment | -/mo

7,072 SqFt

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$ 1,325,000

Est. payment | -/mo

Save Virtual Tour

7,072 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,072 sqft

Price per Sqft $187

MLS Listing ID B26048029

Construction Status Resale

HOA Y/N No

Year Built 1984

Annual Tax Amount $11,331

Tax Year 2025

Lot Size 0.800 Acres

Acres 0.8

Property Sub-Type Multi Family

Property Description

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 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

Location

State FL

County Hillsborough

Community Pool

Area 5940 - Other Florida County

Zoning RMC-20

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Attic Fan, Central Air, Ceiling Fan(s)

Fireplace No

Exterior

Parking Features Assigned, Accessible Parking, Guest

Fence Front Yard, Gate, Security, Partial

Pool Community

Community Features Pool

Utilities Available Cable Available, Electricity Connected, Water Connected

Water Access Desc Multiple Meters,Public

Roof Type Shingle

Street Surface Asphalt

Accessibility None

Road Frontage City Street

Total Parking Spaces 10

Building

Lot Description Landscaped, Oversized Lot, Residential Lot, Many Trees

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Multiple Meters, Public

Level or Stories Two

Structure Type Block,Wood Frame

New Construction No

Construction Status Resale

Others

Tax ID 0369710502

Security Features Gated Community

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/12216-N-59th-Street-Tampa-FL/unbranded

Listed by Russell Lenard Goldstein TGG Home Authority LLC

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(720) 675-9997

admin@welchteamhomes.com

12216 N 59th ST Tampa, FL

Aaron Welch

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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12216 N 59th ST