Address
701 W PLAZA PLACE Tampa, FL
Price
$ 549,000
Property Attributes
  • MLS#U8147917
  • TypePending
  • CountyHILLSBOROUGH
  • CityTampa
  • AreaTampa
  • NeighborhoodLOGANS SUB
  • Zip33602
  • StyleQuadruplex
  • Year Built1948
  • Taxes$ 4934
  • Price$ 549,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2347
  • Lot Size9,148 SqFt
Listing Provided Courtesy Of:
COPELAND MORGAN LLC
Data Source:
Stellar MLS
Property Description

Located in the heart of Riverside Heights just 3/4 mile from Armature Works, Ulele, and the River Walk, this quadplex is located in one of Tampa's most sought after areas with tons of new development and high demand for both long-term and short-term rentals! The property consists of three wood-frame buildings: The front building houses Unit A & B. Unit A is a spacious 1-bedroom, 1-bath with large living and dining rooms and almost 800 sq ft of living space. Unit A was renovated in 2019 with an updated kitchen, granite countertops, and stainless appliances, new tile and water-resistant laminate flooring, and new tile surround in the bathroom. This unit has an indoor laundry room with washer/dryer hookups and newer (2018) central HVAC. Unit A was rented for $1175/mo until Dec 2021, but was left vacant for sale. Market rent is $1250/mo. Unit B is a spacious 600 sq ft 1/1 that had the kitchen and bathroom updated in 2018. This unit is currently rented for $950/mo. The middle building is a 384 sq ft detached 1/1 apartment (Unit D) that has been rented for $925/mo but will have a routine vacancy as of 1/31/22. The rear building is a 576 sq ft detached 2/1 apartment (Unit C) that is currently rented for $995/mo. Units B, C and D have window AC units. Units are metered separately for electric (tenants pay electric). There is one water meter - City of Tampa provides water/sewer/garbage via one account (some tenants pay a flat rate monthly utility fee to the owner depending on their lease terms). The property has a history of very low vacancy as a long term rental for the past several years, but could also present a short term rental and/or future redevelopment opportunity due to the attractive location and large (64 x 140) lot. Roofs on all three buildings were replaced in 2018, and the main sewer line was replaced in 2020. See MLS attachments for more details including rent roll and video walk-throughs.

Elementary School Middle School High School
Graham-HB Elementary School Marshall-HB Middle School Hillsborough-HB High School
Price History
1/6/2022 Listed $549,000

General Features

Additional Parcels Y/N No
Appliances Range, Refrigerator
Association Y/N No
Building Area Units Square Feet
Carport Y/N No
City TAMPA
Construction Materials Wood Frame, Wood Siding
Cooling Central Air, Wall/Window Unit(s)
County Hillsborough
Days on Market 1
Directions From MLK, south on North Blvd, right on Plaza Place.
Disclosures Lead Paint, Seller Property Disclosure
Elementary School Graham-HB
Exterior Features Other
Flooring Ceramic Tile, Laminate
Garage Y/N No
Grossincome 51240
Heating Central, Electric
High School Hillsborough-HB
Interior Features Ceiling Fans(s), Stone Counters
Levels One
Lot Size Square Feet 8960
MLS Area 33602 - Tampa
Middle/Junior High School Marshall-HB
New Construction No
Ownership Fee Simple
Private Pool No
Property SubType Quadruplex
Property Type Residential Income
Roof Shingle
Senior Community Y/N No
Sewer Public Sewer
Standard Status Pending
Status Pending
Street Name PLAZA
Subdivision Name LOGANS SUB
Tax Annual Amount 4934.89
Tax Lot 7
Tax Year 2021
Tenant Pays Electricity
Terms Cash, Conventional
Total Number of Buildings 3
Total Units 4
Township 29
Unit Count 4
Utilities BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Connected
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8147917
Water Access YN No
Year Built 1948
Zoning RS-50

Interior Features

Fireplace Y/N Yes
Flood Zone Code Zone X
Laundry Features Inside, Laundry Room
Living Area 2347
Living Area Units Square Feet
Livingareasource Public Records
Street Suffix PLACE

Exterior Features

Building Area Total 2457
Foundation Details Crawlspace
Lot Dimensions 64x140
Lot Size Acres 0.21
Road Responsibility Public Maintained Road
Road Surface Type Asphalt
Water Extras YN No
Water Source Public
Water View YN No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 33602

Price
AVG $670K
$550K
Taxes
AVG $4,721
$4,934
Visits
AVG 135
28
Year Built
AVG 1985
1948
Walkscore
AVG 62
44
Data Provided by Walkscore ® not using MLS data

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