111 W Genesee St - Apartments FOR SALE


Tampa, FL 33603
$775,000 USD
813-679-0778
111 W Genesee St, Tampa, FL for Sale
$775,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

111 W Genesee St
Tampa, FL 33603


HIGHLIGHTS

  • build out 2-7 units, or work live . Over7000sf. Double lot, Block construction with many possibilities. On street of new contruction bungalow

OVERVIEW

Discover the potential of this exceptional warehouse space nestled within the heart of a thriving single-family community. Encompassing a double lot amidst a blend of modern constructions and meticulously restored Bungalows, this property holds immense promise in the coveted Seminole Heights locale. Key Features: Strategic Location: Positioned amidst the dynamic crossroads of new developments and historic charm, this property is poised to capture the essence of Seminole Heights living. Versatile PD Approval: With an existing Planned Development (PD) approval in place, envision the transformation of this warehouse into 8 distinct one-bedroom, one-bathroom units, providing a range of possibilities from long-term rentals to AirBnB or boutique hotel ventures. Thoughtful Design: The proposed redevelopment includes not only the 8 unique units but also a welcoming reception office, a communal gathering space for residents, and versatile downstairs office areas. Tile flooring throughout the office spaces exudes a contemporary appeal. Modern Amenities: Explore the convenience of multiple bathrooms adjacent to the break room, ensuring the comfort of future occupants. A spacious garage/warehouse area with street-side access offers incredible versatility for potential usage. Architectural Highlights: Embrace the building's distinctive character reminiscent of a "NYC loft," with captivating design elements. Dual staircases at the front and rear open into expansive, light-filled spaces that can be adapted to diverse purposes. Close to Everything: Seamlessly connect to Downtown Tampa and I-275 within minutes, courtesy of the property's strategic location just off Florida Ave. Embrace the proximity to Seminole Heights' newest hotspots, encapsulating the essence of urban living. Unlock the potential of a truly exceptional venture in Seminole Heights. This project is an unparalleled opportunity to blend modern living with timeless charm, making it a remarkable investment in one of Tampa's most sought-after neighborhoods. Don't miss the chance to be a part of this one-of-a-kind transformation!

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$100 USD /SF

# OF UNITS

7

PRICE/UNIT

$110,714

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

SH-PD

APN/PARCEL ID

165707-0000

ASK ABOUT THIS PROPERTY

Anne ParkColdwell Banker RealtyMore Info
813-679-0778

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Anne ParkColdwell Banker RealtyMore Info
813-679-0778

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.