4911 East Temple Heights Road, Unit AD

4911 East Temple Heights Road, Unit AD

Tampa, FL 33617

$800,000
Last Sold Price
—
Beds
6,496 Sq. Ft.
$123 / Sq. Ft.
6,496
Sq. Ft.
$123
per Sq. Ft.

Sold 7/16/21

Sold 7/16/21

Description

Don't look past these 8 Value Add Multifamily units in Tampa! The Property consists of two 4 unit buildings with below market rents and one vacancy. The Seller completed major renovations on each building, including but not limited to plumbing, HVAC, roof, bathrooms, and kitchen countertops. While both buildings still require some work to reach its fully stabilized value, this is the ideal investment for an investor willing to put in the work! Current Annual Scheduled Gross Income is $77,760, with...Don't look past these 8 Value Add Multifamily units in Tampa! The Property consists of two 4 unit buildings with below market rents and one vacancy. The Seller completed major renovations on each building, including but not limited to plumbing, HVAC, roof, bathrooms, and kitchen countertops. While both buildings still require some work to reach its fully stabilized value, this is the ideal investment for an investor willing to put in the work! Current Annual Scheduled Gross Income is $77,760, with a Pro Forma Gross Rental Income of $91,200 after rents are brought to a market value. All units except for one are occupied. An investor has the opportunity to stabilize the investment at a Prop Forma Cap Rate of around 6.35%.
  1. Listed by Davis Nunneley • RMS ELITE PROPERTIES

Property Details for 4911 East Temple Heights Road, Unit AD

Subdivision Name
TEMPLE TERRACES
Township
28
Waterfront
No

Location

Listing Courtesy of RMS ELITE PROPERTIES, Davis Nunneley

Sold By COLDWELL BANKER REALTY, JED Walker

Add your commute
LISTING UPDATED: 07/19/2021 01:39 PM

Property Details for 4911 East Temple Heights Road, Unit AD

StatusSold
MLS #U8107488
Days on Market146
Taxes$5,345 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1982
Lot Size0.15 AC / 6,711 SF
CountyHillsborough County

Location

Listing Courtesy of RMS ELITE PROPERTIES, Davis Nunneley

Sold By COLDWELL BANKER REALTY, JED Walker

Add your commute

Building Information for 4911 East Temple Heights Road, Unit AD

Stories-Residences8Year Built1982Building Size-Lot Size0.15 AC / 6,711 SF

Payment Calculator

$4,811 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,366

Property Taxes

$445

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4911 East Temple Heights Road, Unit AD

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From I-75, turn west on E fowler Ave. Turn left (south) onto N56th Street, then right (west) onto Temple Heights Road. The Property will be on your left.
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 4911
  • Street Name: TEMPLE HEIGHTS
  • Street Suffix: ROAD
  • Unit Number: AD
  • State: FL
  • City: TAMPA
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 0000
  • Tax Book Number: 25-67
  • Tax Legal Description: TEMPLE TERRACES W 53.69 FT OF E 107.38 FT OF N 125 FT OF LOT 32
  • Tax Lot: 32
  • Tax Year: 2020
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: A-21-28-19-43U-000000-00032.7
  • Additional Parcels: Yes
  • Parcel Number: A-21-28-19-43U-000000-00032.8
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: RM-24
  • Living Area: 6496
Property and Assessments
  • Year Built Numeric: 1982
  • Flood Zone Code: X
  • Flood Zone Date: 08-28-2008
  • Flood Zone Panel: 12057C0217H
  • New Construction: No
  • Number Of Lots: 2
  • Public Survey Range: 19
  • Public Survey Section: 21
Utilities
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Exterior Features: Other
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $53,918.00
  • Unit Count: 1
Unit 1
  • Unit Type Number Of Units Occupied 1: 7
  • Unit Type Pro Forma 1: 950
  • Unit Type Type 1: 2 Bed/1 Bath
  • Unit Type Units Total 1: 8

Property History for 4911 East Temple Heights Road, Unit AD

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4911 East Temple Heights Road, Unit AD

Taxable ValueLand$27,852Additions$233,042Total$260,894
Tax Record2020$5,344 ($445 / month)
Home Facts
Total Finished SqFt3,248 SqFtAbove Grade Finished SqFt3,248 SqFtStories2Lot Size6,711 SqFtStyleMulti-Family Dwelling (2-4)Year Built1982Year Renovated2000ZoningRM-24CountyHILLSBOROUGHAPN1425770090

Schools near 4911 East Temple Heights Road, Unit AD

This home is within Hillsborough.
Rating
School
Type
Grades
Distance
DR Carter G Woodson K-8 School
Public - PK to 8
King High School
Public - 9 to 12
Village Of Excellence Academy Middle School
Charter - 6 to 8
Village Of Excellence Academy
Charter - K to 5
Rating
School
Distance
DR Carter G Woodson K-8 School
PublicPK to 8

King High School
Public9 to 12

Village Of Excellence Academy Middle School
Charter6 to 8

Village Of Excellence Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RMS ELITE PROPERTIES, Davis Nunneley

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 07/19/2021 01:39 PM