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Sylvio Martini

martini@miamirealtysolution.com +1(305) 876-4420

$ 1,325,000

Est. payment -/mo

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Active

12216 N 59th ST Tampa, FL 33617

7,072 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,072 sqft

Price per Sqft $187

MLS Listing ID B26048029

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

Area 5940 Florida Other

Interior

Heating Central

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

Exterior

Utilities Available Cable Available, Electricity Available, Water Available

Roof Type Composition,Shingle

Total Parking Spaces 10

Private Pool Yes

Building

Lot Description <1 Acre, Oversized Lot, Trees

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block

Others

Senior Community No

Restrictions Zoning Restrictions

Tax ID 0369710502

Ownership Assets Only

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

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

Miami Association of Realtors (SEFMIAMI MLS)

Listed by TGG Home Authority LLC

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Sylvio Martini

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+1(305) 876-4420 | martini@miamirealtysolution.com

Sylvio Martini

12216 N 59th ST Tampa, FL 33617

Key Details

Location

Interior

Exterior

Building

Others

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12216 N 59th ST