5609 N Nebraska Ave, Tampa, Florida 33604
- $899,500
- $929,900
5609 N Nebraska Ave, Tampa, Florida 33604
- $899,500
- $929,900
Overview
- Quadruplex, Residential Income
- 5
- 4
- 1
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
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Address: 5609 N NEBRASKA AVENUE
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City: Tampa
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State/county: FL
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Zip/Postal Code: 33604
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Country: US
Details
Updated on August 29, 2025 at 12:45 am-
Property ID HZTB8338524
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Price $899,500
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Land Area 0.26 Acres
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Bedrooms 5
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Bathrooms 4
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Garage 1
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Year Built 1935
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Property Type Quadruplex, Residential Income
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Property Status Closed
Additional details
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Roof Shingle
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Utilities Public
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Sewer Public Sewer
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Cooling Wall/Window Unit(s)
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Heating Electric
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County Hillsborough
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Property Type Residential Income
Features
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Down Payment
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