TAMPA, FL 33604 5609 N NEBRASKA AVENUE

Pending
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Presented By: FUTURE HOME REALTY INC with 813-855-4982. - 813-855-4982
  • MLS# TB8338524
  • 01/16/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 4
  • SQFT • 3,907
  • Garage • 1

Home Details

Under contract-accepting backup offers. EAST SEMINOLE HEIGHTS MIXED USE OPPORTUNITY! 6 sources of income consisting of: A QUAD APARTMENT BUILDING / A RESTAURANT / A LARGE BILLBOARD / & SMALL STORAGE BUILDING. This perfectly located multi-use property is right in the thick of all of the revitalization of homes, new construction, and restaurant concepts. The property is composed of: 4 Unit quadplex (fully rented) A 2/1 (740 sf.), B 1/1 (400 sf.), C 1/1 (560 sf.), D 1/1 (560 sf.), a separate garage / workshop adjacent to apartments (currently a part of restaurant lease); a free-standing Restaurant Property (currently rented Mexican Restaurant) with transferable 2COP liquor license, 1 mono-pole billboard currently on a land lease. The entire property is CI zoned so most uses are welcome on the property. The entire property is fully leased with an annual income of $95,903.40 and a Net Operating Income of $78,106 ... roughly an 8 CAP. All apartment units have been renovated and are leased. 4 years remain on the restaurant lease with tenant having an additional 5 year option thereafter with annual increases. Other recent capital improvements to the property are: A BRAND NEW WATERLINE AND METER TO THE APARTMENT BUILDING, NEW ROOF ON APARTMENT BUILDING, and new perimeter fencing installed. No owner financing is being offered.
Presented By: FUTURE HOME REALTY INC with 813-855-4982. - 813-855-4982

Interior Features for 5609 N NEBRASKA AVENUE

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths4

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesceiling fan(s)
Laundry Featuresnone

General for 5609 N NEBRASKA AVENUE

Additional Parcels Y/NNo
Attached Garage No
Building Area Unitssquare feet
Carport Spaces1
Carport Y/NYes
Citytampa
Construction Materialsblock
Coolingwall/window unit(s)
Countyhillsborough
Directionsi 275 to hillsborough exit. north on nebraska ave to subject on right
Flood Zone Codex
Flood Zone Code XY
Garage Spaces1
Garage Y/NYes
HOANo
Heatingelectric
Land Lease Y/NNo
Legal Descriptionpreston's subdivision n 82 ft of w 145 ft of lot 1 less w 15 ft for st block 2
Levelstwo
Living Area Unitssquare feet
Lot Size Square Feet11234
Lot Size Unitssquare feet
MLS Area33604 - tampa / sulphur springs
Minimum Leaseno minimum
ModificationTimestamp2025-06-09t21:45:52.763z
New ConstructionNo
Number Of Units Total6
Ownershipfee simple
Property Subtypequadruplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statuspending
Statuspending
Subdivision Nameprestons sub
Tax Annual Amount9841.66
Tax Lot1
Tax Year2024
Tenant Payselectricity, sewer, trash collection, water
Utilitiespublic
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1935
Zoningsh-ci

Exterior for 5609 N NEBRASKA AVENUE

Covered Spaces2
Exterior Amenitiesbalcony
Foundation Detailsslab
Lot Dimensions82 x 137
Lot Size Acres0.26
Lot Size Area11234
Number of Buildings2
Private PoolNo
Road Surface Typeconcrete
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Andre LaFountain

Realtor / Coach
Price $899,500
MLS#TB8338524
List Date 01/16/2025
Property Type Pending
Phone 518.569.7173
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Request Info
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Location
  • Babcock Ranch