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109 W 131st Avenue

TAMPA, FL 33612

5 beds
5 baths
3,645 sqft
~1 acre lot
$322 per sqft
1984 build
– on site

PRIME LOCATION – INVESTOR ALLERT!! Excellent opportunity to own a MULTI-FAMILY property in the heart of Tampa Bay! This offering includes a DUPLEX (1,458 sq ft) and a TRIPLEX (2,187 sq ft) situated on nearly 1-ACRE, right off bustling Florida Ave, just south of Fletcher. This 3,645-square-foot property features five 2BR/1BA units, each 729 sq ft, built with sturdy concrete BLOCK construction, central AC, and NEW SHINGLE ROOFS. Tenants pay all utilities with separate meters aside from a shared water meter. Each unit is in good condition, having been updated a few years ago with wood-look standard tile flooring. Most units feature stainless steel appliances and quality cabinetry in the kitchens and bathrooms. Parking is available for each unit. All units are occupied by month-to-month tenants with below-market rents, providing an excellent opportunity for rental INCOME GROWTH. Plus, with no HOA, there's flexibility for future development! The existing structures are located at the back of the lot, leaving room to potentially BUILD ADDITIONAL UNITS at the front. Located minutes from downtown Tampa, International Mall, MacDill Air Force Base, I-275, shopping, dining, and more! Please do not visit the property or disturb the tenants. Don’t miss out on this fantastic investment opportunity!

Listing courtesy of STELLAR_MLS / BHHS FLORIDA PROPERTIES GROUP

Last checked: Checking… • Last updated Nov 12, 2024 •

MLS# TB8317229 —

The Building

Year Built:

1984
New Construction:

false
Construction Materials:

Block
Roof:

Shingle
Foundation Details:

Slab
Window Features:

Blinds
Patio And Porch Features:

Patio
# of Buildings:

2
Building Area Total:

3780
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Ceramic Tile
Fireplace:

false

Room Dimensions

Living Area:

3645
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

I-275 N to Fletcher Ave, West on Fletcher, South on Florida, West on W. 131st Ave to Address. Property is gated.
Latitude:

28.066145
Longitude:

-82.460772
Coordinates:

-82.460772, 28.066145

The Property

Parcel Number:

U1228180TD00000300008.3
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Size Acres:

0.98
Lot Size Area:

42900
Lot Size SqFt:

42900
Lot Size Dimensions:

132 x 325
Lot Size Units:

Square Feet
Total Acres:

1/2 to less than 1
Zoning:

RMC-6
View:

Trees/Woods
View:

true
Exterior Features:

Private Mailbox
Water Source:

Public
Road Surface Type:

Gravel
Flood Zone Code:

X
Flood Zone Panel:

12057C0204H
Additional Parcels:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

8
Tax Block:

3
Tax Legal Description:

NORTH TAMPA HEIGHTS E 132 FT OF W 264 FT OF LOT 8 BLOCK 3 LESS RD R/W ON S SIDE
Tax Book Number:

3-73
Tax Annual Amount:

7765

Beds

Bedrooms Total:

5

Baths

Total Baths:

5

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8317229
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Appliances:

Range
Laundry Features:

Outside

Schools

Elementary School:

Lake Magdalene-HB
Middle Or Junior School:

Buchanan-HB
High School:

Gaither-HB

The Community

Subdivision Name:

NORTH TAMPA HEIGHTS
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

Yes
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

5

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/9/24 Nov 9, 2024	Listed / Active	STELLAR_MLS	$1,175,000

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This multifamily located in North Tampa Heights, Lake Magdalene, FL 33612 is currently for sale for $1,175,000. 109 W 131st Avenue is a 3,645 square foot multifamily with 5 beds and 5 baths that has been on Estately for 12 days. 109 W 131st Avenue is in the North Tampa Heights neighborhood of Lake Magdalene and has a WalkScore® of 47, making it car-dependent. This multifamily is in the attendance area of Miles Elementary School, Buchanan Middle School, and Gaither High School.

Listing Courtesy of: STELLAR_MLS and BHHS FLORIDA PROPERTIES GROUP.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.