5609 N Nebraska Ave, Tampa, Florida 33604

  • $899,500
  • $929,900

Overview

Property ID: HZTB8338524
  • Quadruplex, Residential Income
  • Property Type
  • 5
  • Bedrooms
  • 4
  • Bathrooms
  • 1
  • Garage

Description

EAST SEMINOLE HEIGHTS MIXED USE OPPORTUNITY! 6 sources of income consisting of: A QUAD APARTMENT BUILDING / A RESTAURANT / A LARGE BILLBOARD / & SMALL STORAGE BUILDING. This perfectly located multi-use property is right in the thick of all of the revitalization of homes, new construction, and restaurant concepts. The property is composed of: 4 Unit quadplex (fully rented) A 2/1 (740 sf.), B 1/1 (400 sf.), C 1/1 (560 sf.), D 1/1 (560 sf.), a separate garage / workshop adjacent to apartments (currently a part of restaurant lease); a free-standing Restaurant Property (currently rented Mexican Restaurant) with transferable 2COP liquor license, 1 mono-pole billboard currently on a land lease. The entire property is CI zoned so most uses are welcome on the property. The entire property is fully leased with an annual income of $95, 903.40 and a Net Operating Income of $78, 106 … roughly an 8 CAP. All apartment units have been renovated and are leased. 4 years remain on the restaurant lease with tenant having an additional 5 year option thereafter with annual increases. Other recent capital improvements to the property are: A BRAND NEW WATERLINE AND METER TO THE APARTMENT BUILDING, NEW ROOF ON APARTMENT BUILDING, and new perimeter fencing installed. No owner financing is being offered.

  • Address: 5609 N NEBRASKA AVENUE
  • City: Tampa
  • State/county: FL
  • Zip/Postal Code: 33604
  • Country: US

Details

Updated on August 29, 2025 at 12:45 am
  • Property ID HZTB8338524
  • Price $899,500
  • Land Area 0.26 Acres
  • Bedrooms 5
  • Bathrooms 4
  • Garage 1
  • Year Built 1935
  • Property Type Quadruplex, Residential Income
  • Property Status Closed

Additional details

  • Roof Shingle
  • Utilities Public
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating Electric
  • County Hillsborough
  • Property Type Residential Income

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Jamie Stevens

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