801 E Palm AvenueTampa, FL 33602MLS Number T3318428

  • Price: $3,500,000
  • 18 Days on Market
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Federal 30-year interest rate: 2.8% last updated on Jul 29, 2021
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801 E Palm Avenue Tampa FL 33602801 E Palm Avenue Tampa FL 33602801 E Palm Avenue Tampa FL 33602801 E Palm Avenue Tampa FL 33602801 E Palm Avenue Tampa FL 33602801 E Palm Avenue Tampa FL 33602801 E Palm Avenue Tampa FL 33602
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  • 6,680Square Feet
  • 0.38Acreage
  • 1902Year Built
  • ActiveMls Status
Presenting 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.
Listed by Tina Marie Eloian of FLORIDA COMMERCIAL GROUP

Driving Directions

Taylormade Properties, Inc.
Taylormade Properties, Inc.
9658 W. Linebaugh Ave.
Tampa, FL 33626

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More Info

Location Information

  • Road FrontageCity Street

Parking

  • Parking Features Common, Curb Parking

Location

  • Address801 E Palm Avenue
  • AreaTampa
  • Building Number801
  • CountyHillsborough
  • Directions From exit 44 on interstate 275 n, take scott street to nebraska avenue. Turn left onto nebraska avenue. Head north to palm avenue. Turn left. Destination will be 2 blocks on the left just before interstate 275 overpass.
  • StateFL
  • StreetPalm
  • SubdivisionBonniehurst
  • TownTampa
  • Township 29
  • Zip33602

Basic Information

  • List Price$3,500,000
  • MLS NumberT3318428
  • Mls Status Active
  • StatusACT

Building

  • Building Area Source Public Records
  • Garage Spaces
  • MFR Numof Hotel Motel Rms 13
  • RoofShingle
  • Stories2
  • Year Built1902

Property Information

  • Acreage0.38
  • Construction Materials Wood Frame
  • Lot Description
    • City Limits
    • Corner Lot
    • Historic District
    • Neighbourhood
    • Paved
    • Sidewalk
    • Special Taxing District
    • Street Lights
  • Lot Size Dimensions 102 x 165
  • Lot Size Square Feet 16,830
  • MFR Adjoining Property Hotel/Motel, Residential, Undeveloped
  • MFR Front Footage 102
  • MFR Road Frontage Ft 102
  • MFR Total Acreage 1/4 to less than 1/2
  • Number Of Lots 3
  • Property Condition Completed
  • Square Feet6,680

Tax Information

  • Tax Year 2020
  • Taxes$2,284

Basic Information

  • Property SubTypeHotel/Motel
  • Virtual TourView Tour

Property

  • Living Area 2050
  • ZoningRM-24

Utilities

  • Cooling Other
  • Sewer Public Sewer
  • Utilities Electricity Available

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No
  • Waterfront YN No

Other

  • Date Listed07/16/2021
  • MFR Flood Zone Code X
  • Security Features Gated Community
  • View Count1

Based on information submitted to MFRMLS as of August 3, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MFRMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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