Address
635 S 63rd STREET, TAMPA, FL
Price
$ 975,000
Property Attributes
  • MLS#U8218445
  • TypeIncome
  • CountyHILLSBOROUGH
  • CityTAMPA
  • AreaTampa - Palm River - Progress Village
  • NeighborhoodUnplatted
  • Zip33619
  • StyleMulti Family
  • Year Built1973
  • Taxes$ 1887
  • Price$ 975,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1288
  • Lot Size8,712 SqFt
Data Source:
Stellar MLS
Property Description

Prime Investment Opportunity - 4 Building - 7 Unit Income Property, on 1.25 acres with Commercial Zoning & Future Development Potential. This outstanding income-producing property in a highly sought-after location. This well-maintained 4-unit Multifamily Residence offers a fantastic opportunity for Investors and Owner-Occupants looking to grow their Real Estate Portfolio. What sets this property apart are its commercial zoning and exciting potential for future development. Located in desired South Tampa, this property offers convenience and easy access to amenities, schools, public transportation, and more. Sitting on 3 Parcels of Land, and included in the purchase are 2 separate Duplexes, each featuring 1 Bedroom and 1 Bathroom per side. 2 Single Family Homes, one consisting of 2 Bedrooms and 2 Bathrooms with a separate Efficiency unit collecting a separate rental income, and a 1 Bedroom 1 Bathroom Single Family Dwelling. All units have separate Electric Meters and shared Water. All Tenants are long-term, on Month to Month Leases, and paying Below Market Rent.

Price History
10/23/2023 Listed $1,000,000
2/27/2024 3% - $975,000

General Features

Interior Features Ninguno
Sewer Septic Tank
Heating None
Cooling Central Air,Wall/Window Unit(s)
Utilities Cable Available,Electricity Connected
Roof Shingle
Exterior Features Other
Zoning RDC-12
Construction Materials Block,Stucco
Year Built 1973
Property SubType Multi Family
Tax Year 2022
Percent Ownership Fee Simple
County Hillsborough
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name UNPLATTED
Garage Y/N No
Status Active
Directions From 589 S,merge onto i-275s toward i-4 E,use left lane to take Exit 2 toward E Brandon,merge onto FL-618 (E Selmon Expressway),Use the right 2 lanes to take exit 11 to merge onto US-41 S/S 50th St/S
City TAMPA
Buyer Agent Compensation 2.5%-$495
Senior Community Y/N No
Total Units 7
MLS Area 33619 - Tampa / Palm River / Progress Village
Lot Size Square Feet 8500
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 63rd
Listing Terms Cash,Conventional
Tax Annual Amount 1887.48
Property Condition Completed
Public Remarks Prime Investment Opportunity - 4 Building - 7 Unit Income Property,on 1.25 acres with Commercial Zoning & Future Development Potential. This outstanding income-producing property in a highly sought
Ok to Lease 12 Months
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8218445
Days on Market 170
Standard Status Active
Tax Lot 1
Legal Description COMM SE COR OF W 1/2 OF NW 1/4 OF SW 1/4 N ALONG E BDY OF W 1/2 OF NW 1/4 OF SW 1/4 30 FT W TO A PT ON W R/W BDY OF 63 RD ST S 25 FT FOR POB N 85 FT W 101 FT S 84.5 FT TO A PT ON N R/W OF PALM RIVER
Water Access Y/N No
Water View Y/N No

Interior Features

Air Conditioning Y/N Yes
Heating Y/N No
Fireplace Y/N No
Street Suffix STREET
LivingAreaSource Public Records
Living Area Units Square Feet

Exterior Features

Water Source Public,Well
Lot Size Area 8500
Foundation Details Slab
Number of Buildings 5
Lot Dimensions 85 x 100
Lot Size Acres 0.2
Road Surface Type Paved
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33619

Price
AVG $470K
$980K
Taxes
AVG $3,546
$1,887
Visits
AVG 392
955
Data Provided by Inside Real Estate®
Year Built
AVG 1977
1973

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