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12216 N 59th St

tampa, FL 33617

$1,325,000

    Interested? Let's Connect

    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

    Details

    7,072 Sq Ft

    0.8 Private Acres Lot Size

    commercial

    $944 Monthly Tax

    Built in 1984

    MLS/Listing ID B26048029

    2 Stories

    7 Units

    Amenities & Features

    Parking - Guest

    Lot - Oversized Lot

    Fenced

    Cooling - Attic Fans

    Cooling - Ceiling Fans

    Cooling - Central Air

    Public Water

    Public Sewer

    Sewer

    Parking - Assigned

    Construction - CBS

    Construction - Slab

    Shingle

    Lot - Treed Lot

    Lot - In Residential Area

    Ventilation

    Cooling - Central Individual AC

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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