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24706194
24706195

2 Locations

MS
FL -3424810
Franklin Street Tampa
Listed by Franklin Street Tampa
$1,850,000
324 days on market
Updated 13 days ago

River Club

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,221
Units 11
Year Built 1900
Buildings 4
Stories 2
Acreage 0.800
Zoning R-20
Investment Type Value Add

River Club | Rare Opportunity to Own Waterfront Rentals | 11 Units | Tampa, FL

Marketing description

River Club presents a rare opportunity to acquire 11 waterfront rental units along the scenic Hillsborough River in Tampa, FL. Situated on a spacious 0.8-acre lot, the property features ten 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, along with on-site laundry and dedicated parking. With future zoning of R-20, investors have the potential to redevelop the site into up to 16 waterfront units in the future. Additional income can also be generated through boat dock rentals, enhancing the property's long-term value and cash flow potential.

Located near the heart of Seminole Heights, River Club is surrounded by a wave of new development including apartments, condos, and single-family homes. The property offers residents convenient access to major attractions such as Lowry Park Zoo, Rogers Park Golf Course, and Busch Gardens. It's also just 4.3 miles from the University of South Florida, which enrolls nearly 49,000 students. Tenants can enjoy some of Tampa’s most beloved local dining options nearby, making River Club both a lifestyle-centric and investment-savvy acquisition.

Investment highlights

  • Rare Opportunity to Own Waterfront Rental Units in Tampa, FL

  • 10x 1Bedroom/1Bath Units and 1x 2Bed/1Bath Units

  • 0.8 Acre Lot with Future Zoning of R-20, Providing Waterfront Redevelopment Potential of Up to 16 Units

  • On-Site Laundry Facility and Parking

  • Additional Potential Income from Boat Dock Rental Along the Hillsborough River

  • Significant New Construction Around Seminole Heights in the Form of Apartments, Condos, and Single Family Homes

  • Nearby Entertainment Includes Lowry Park Zoo (1.9 mi), Rogers Park Golf Course (3.0 mi), and Busch Gardens (3.9 mi)

  • Just a 4.3 mile Drive to the University of South Florida, Which Enrolls Nearly 49,000 Students

Listing Contacts

MS
FL -3424810
Franklin Street Tampa
Listed by Franklin Street Tampa

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