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Multifamily

3212 West San Juan Street

3212 W San Juan St, Tampa, FL 33629

Listing Price: $1,200,000

Cap Rate
6.79%
GRM
8.45

Investment Overview

5-unit multifamily property in South Tampa’s affluent Palma Ceia neighborhood. Massive upside potential, with opportunity to more than double Effective Gross Income and increase NOI by 68.3% by end of Year Two through unit interior and common area improvements.

Investment Highlights

  • 5-unit multifamily property in South Tampa's affluent Palma Ceia neighborhood
  • Massive upside potential, with opportunity to more than double Effective Gross Income and increase NOI by 66.2% by end of Year Two through unit interior and common area improvements
  • Attractive seller financing available
  • Palma Ceia neighborhood median home value is $1,000,000
  • Median household income in Palma Ceia is $150,000
  • Less than half a mile to Bayshore Boulevard, a scenic waterfront route perfect for jogging, biking or simply soaking in panoramic views of Tampa Bay
  • Less than a half a mile to the new $400 million Ritz-Carlton Residences development
  • Waking distance to Starbucks and numerous local shops & restaurants and A-Rated Plant High School

Exclusively Listed By

Financing By

Multifamily

3212 West San Juan Street

Investment Highlights

  • 5-unit multifamily property in South Tampa's affluent Palma Ceia neighborhood
  • Massive upside potential, with opportunity to more than double Effective Gross Income and increase NOI by 66.2% by end of Year Two through unit interior and common area improvements
  • Attractive seller financing available
  • Palma Ceia neighborhood median home value is $1,000,000
  • Median household income in Palma Ceia is $150,000
  • Less than half a mile to Bayshore Boulevard, a scenic waterfront route perfect for jogging, biking or simply soaking in panoramic views of Tampa Bay
  • Less than a half a mile to the new $400 million Ritz-Carlton Residences development
  • Waking distance to Starbucks and numerous local shops & restaurants and A-Rated Plant High School

Investment Overview

5-unit multifamily property in South Tampa’s affluent Palma Ceia neighborhood. Massive upside potential, with opportunity to more than double Effective Gross Income and increase NOI by 68.3% by end of Year Two through unit interior and common area improvements.

Exclusively Listed By

Financing By

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