Cigar City Flats is an exceptional investment opportunity nestled in the heart of Tampa Heights, one of Tampa's most sought-after neighborhoods. This 9-unit apartment community, already partially renovated, presents a compelling chance to capitalize on a thriving rental market with potential monthly income increases of $183 per unit, translating to around $20,000 annually. The property’s recent enhancements, including comprehensive replumbing, rewiring, and the installation of modern amenities like tankless water heaters and a new concrete parking lot, lay a strong foundation for continued growth. With additional opportunities to boost revenue through community laundry fees, optimized utility billbacks, and parking charges, Cigar City Flats offers significant upside potential. Beyond its immediate investment appeal, the property benefits from its proximity to Tampa’s premier attractions, such as Armature Works, the Tampa Riverwalk, and the Straz Center, as well as transformative projects like Water Street and Gasworx. With easy access to I-275, residents and visitors alike will appreciate the convenience of transportation throughout Tampa and beyond. Cigar City Flats is not just a real estate investment; it's a gateway to the dynamic and evolving Tampa Bay area.