Hospitality

801 E Palm Ave


801 E Palm Ave
TampaFL 33602

801 E Palm Ave

Hospitality

801 E Palm Ave, TampaFL 33602

Details

Total Size
9,580 SF
Rentable Space
6,680 SF
Land
0.38 Acre
Zoning
RM-24
Lot Depth
165 ft
Lot Width
102 ft
Building Status
Existing
Number of Buildings
3
Year Built
1902
Number of Floors
2
Occupancy Type
Single Tenant
Number of Units
3
Water Utility Available
Yes
Sanitary Sewer Utility Available
Yes
County
Hillsborough
Submarket
Tampa East

Current Listings

Palm Villa Hostels- Investment Opportunity

6,680 SF$3,500,000
Florida Commercial Group

Florida Commercial Group is please to present for Sale Palm Villa Hostels, located at 801- 803 E. Palm Avenue and 1905 N. Taliafero Avenue. This is a Rare Investment Opportunity in the Tampa Heights Area of East Tampa. This Asset consists of 3 Historic Buildings offering 13 units that are leased individually and generating weekly and monthly rents. The entire Investment Portfolio is being Sold As- Is. 801 E. Palm Avenue offers 4 bedrooms, 2 baths and is 2,050 HSF. 803 E. Palm Avenue is 1,730 HSF and offers 5 bedrooms and 3 baths. 1905 N. Taliaifero Avenue offers 4 Bedroom and features 2,800 SF. There is onsite parking as well as common Street Parking giving ease of access to the property via Taliafero Avenue. Current Zoning of RM-24 Allows for Residential Mixed-Use up to 24 units or the Property may be converted to Commercial use as Professional Office or Redeveloped into a Small Office Complex or a Co-work Space. Nestled on the edge of Historic Tampa Heights and Historic Ybor City, this Location boasts a corner location surrounded by Restoration and New Development Happening in all Directions- a Terrific Opportunity to Invest in East Tampa! You may keep these three Buildings as current, Hotel/ Motel, upgrade the property for increased monthly income, convert to a greater yielding housing complex (Student Housing, ALF, Air BnB, etc…) or re-develop the site into to Professional Offices. CALL TODAY FOR A VIEWING.

Florida Commercial Group

Florida Commercial Group is please to present for Sale Palm Villa Hostels, located at 801- 803 E. Palm Avenue and 1905 N. Taliafero Avenue. This is a Rare Investment Opportunity in the Tampa Heights Area of East Tampa. This Asset consists of 3 Historic Buildings offering 13 units that are leased individually and generating weekly and monthly rents. The entire Investment Portfolio is being Sold As- Is. 801 E. Palm Avenue offers 4 bedrooms, 2 baths and is 2,050 HSF. 803 E. Palm Avenue is 1,730 HSF and offers 5 bedrooms and 3 baths. 1905 N. Taliaifero Avenue offers 4 Bedroom and features 2,800 SF. There is onsite parking as well as common Street Parking giving ease of access to the property via Taliafero Avenue. Current Zoning of RM-24 Allows for Residential Mixed-Use up to 24 units or the Property may be converted to Commercial use as Professional Office or Redeveloped into a Small Office Complex or a Co-work Space. Nestled on the edge of Historic Tampa Heights and Historic Ybor City, this Location boasts a corner location surrounded by Restoration and New Development Happening in all Directions- a Terrific Opportunity to Invest in East Tampa! You may keep these three Buildings as current, Hotel/ Motel, upgrade the property for increased monthly income, convert to a greater yielding housing complex (Student Housing, ALF, Air BnB, etc…) or re-develop the site into to Professional Offices. CALL TODAY FOR A VIEWING.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: CE-FL

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