*** CALL FOR OFFERS - DUE 2/20/2025 *** Serenity Lake is an exceptional investment opportunity in Tampa, FL – a property boasting 248 out of 260 condo units strategically located near major employers, a university, and significant developments - complete with desirable amenities such as swimming pools, a fitness center, a dog park, and a leasing office Ninety-two (92%) of total units are in the classic condition, or only partially renovated. Renovated interiors include stainless steel appliances, tile floors, quartz countertops, white cabinets, and modern fixtures. All units have washer and dryer connections. Recent renovations to 20 units have resulted in a remarkable $475/unit/month premium in rent. Serenity Lake is divided into two phases; phase one operating as apartments with no HOA, and phase two, a fractured condo community with full control over the HOA board. Serenity Lake is in close proximity to over $2 billion in new developments, including the $1 billion “Uptown” University Mall Redevelopment (1.8 Mi), the $256 million Advent Health Expansion Development (1.5 Mi), the $400 million Moffitt Cancer Center Development (2.4 Mi), and the Yuengling Brewery Campus Expansion Development (3.0 Mi). Convenient access to essential retailers, including Aldi (1.5 Mi), Walmart (1.7 Mi), Starbucks (1.8 Mi), Target (1.8 Mi), Walgreens (1.8 Mi), Publix (2.5 Mi), and CVS (2.7 Mi). This prime location ensures not just immediate returns but long-term appreciation as well. Serenity Lake's location, amenities, and promising potential for value appreciation makes the property a compelling investment opportunity in the real estate market.