8820 Rocky Creek Dr
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8820 Rocky Creek Dr
4 Unit Apartment Building $1,955,250 CAD ($488,813 CAD/Unit) 6.50% Cap Rate Tampa, FL 33615
Investment Highlights
- redevelopment opportunity
- waterfront
Executive Summary
Exceptional waterfront investment opportunity awaits. This property is located on a peninsula of Rocky Creek offering well over 200 feet of waterfront with easy access to Tampa Bay and the Gulf. The land which consists of two duplexes affords opportunity for development to provide a substantial property. Duplex 8818 consists of two 1 bedroom, 1 bath units. While duplex 8820 consists of one 2 bedroom, 1 bath unit and a 1 bedroom, 1 bath unit as well as a shared laundry room. This property also features its own newly paved boat ramp and a wood dock perfect for fishing. Don’t wait, schedule a showing today!
Property Facts
| Price | $1,955,250 CAD | Apartment Style | Low Rise |
| Price Per Unit | $488,813 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.32 AC |
| Cap Rate | 6.50% | Building Size | 2,016 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1968 |
| Property Subtype | Apartment | Parking Ratio | 0.99/1,000 SF |
| Price | $1,955,250 CAD |
| Price Per Unit | $488,813 CAD |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 2,016 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Parking Ratio | 0.99/1,000 SF |
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
Site Amenities
- Waterfront
- Dock
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 300 - 399 |
| 2+1 | 1 | - | 350 - 450 |
PROPERTY TAXES
| Parcel Number | U-03-29-17-0CB-000000-00034.1 | Improvements Assessment | $155,767 CAD |
| Land Assessment | $403,461 CAD | Total Assessment | $559,228 CAD |
PROPERTY TAXES
Parcel Number
U-03-29-17-0CB-000000-00034.1
Land Assessment
$403,461 CAD
Improvements Assessment
$155,767 CAD
Total Assessment
$559,228 CAD
zoning
| Zoning Code | RMC-6 (Residential, Multi-Family Conventional) |
| RMC-6 (Residential, Multi-Family Conventional) |
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8820 Rocky Creek Dr
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