RIPCO Real Estate is pleased to offer for sale Midtown East, a ±7,104 SF mixed-use property located on the northside of W Cypress Street in Tampa, FL. The property is
comprised of six first-floor retail units and three second-floor residential units. The second-floor apartments include a 900 SF two-bedroom apartment and two 677
SF one-bedroom apartments. The retail suites are currently 100% occupied and the apartments are used as Airbnb’s. W Cypress Street is located just 4 blocks south
of I-275, which connects I-4 to downtown St. Petersburg with over 250,000 AADT. The property is also located a half mile from Midtown Tampa, a new 22-acre mixed-use
development with over 225,000 annual visits and growing. This stretch of W Cypress Street where the property is located has an AADT of 16,800. Within 3 miles of
Midtown East, there is a population of 125,627 and an average household income of $137,995.
The asset would be an attractive investment opportunity for investors looking for a value-add mixed-use property, recently renovated with resurfaced parking and extensive
interior and exterior upgrades, and on the edge of one of the most affluent and populated trade areas in the Tampa MSA.