111 W Genesee St
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111 W Genesee St
7 Unit Apartment Building $1,118,891 CAD ($159,842 CAD/Unit) Tampa, FL 33603
Investment Highlights
- build out 2-7 units, or work live . Over7000sf. Double lot, Block construction with many possibilities. On street of new contruction bungalow
Executive Summary
Discover the potential of this exceptional warehouse space nestled within the heart of a thriving single-family community. Encompassing a double lot amidst a blend of modern constructions and meticulously restored Bungalows, this property holds immense promise in the coveted Seminole Heights locale. Key Features: Strategic Location: Positioned amidst the dynamic crossroads of new developments and historic charm, this property is poised to capture the essence of Seminole Heights living. Versatile PD Approval: With an existing Planned Development (PD) approval in place, envision the transformation of this warehouse into 8 distinct one-bedroom, one-bathroom units, providing a range of possibilities from long-term rentals to AirBnB or boutique hotel ventures. Thoughtful Design: The proposed redevelopment includes not only the 8 unique units but also a welcoming reception office, a communal gathering space for residents, and versatile downstairs office areas. Tile flooring throughout the office spaces exudes a contemporary appeal. Modern Amenities: Explore the convenience of multiple bathrooms adjacent to the break room, ensuring the comfort of future occupants. A spacious garage/warehouse area with street-side access offers incredible versatility for potential usage. Architectural Highlights: Embrace the building's distinctive character reminiscent of a "NYC loft," with captivating design elements. Dual staircases at the front and rear open into expansive, light-filled spaces that can be adapted to diverse purposes. Close to Everything: Seamlessly connect to Downtown Tampa and I-275 within minutes, courtesy of the property's strategic location just off Florida Ave. Embrace the proximity to Seminole Heights' newest hotspots, encapsulating the essence of urban living. Unlock the potential of a truly exceptional venture in Seminole Heights. This project is an unparalleled opportunity to blend modern living with timeless charm, making it a remarkable investment in one of Tampa's most sought-after neighborhoods. Don't miss the chance to be a part of this one-of-a-kind transformation!
Property Facts Under Contract
Price | $1,118,891 CAD | Apartment Style | Low Rise |
Price Per Unit | $159,842 CAD | Building Class | C |
Sale Type | Investment | Lot Size | 0.23 AC |
Sale Conditions | Redevelopment Project | Building Size | 7,754 SF |
No. Units | 7 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1942 |
Property Subtype | Apartment | Parking Ratio | 1.26/1,000 SF |
Price | $1,118,891 CAD |
Price Per Unit | $159,842 CAD |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Units | 7 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.23 AC |
Building Size | 7,754 SF |
No. Stories | 2 |
Year Built | 1942 |
Parking Ratio | 1.26/1,000 SF |
Site Amenities
- 24 Hour Access
- Wi-Fi
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 8 | - | 969 |
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Walk Score ®
Very Walkable (82)
Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
Parcel Number | A-01-29-18-4GL-000000-00301.0 | Improvements Assessment | $676,598 CAD |
Land Assessment | $135,329 CAD | Total Assessment | $811,927 CAD |
PROPERTY TAXES
Parcel Number
A-01-29-18-4GL-000000-00301.0
Land Assessment
$135,329 CAD
Improvements Assessment
$676,598 CAD
Total Assessment
$811,927 CAD
zoning
Zoning Code | SH-PD (Shopping Center - Planned Development) |
SH-PD (Shopping Center - Planned Development) |
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111 W Genesee St
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