Price Reduction
Address
635 S 63rd STREET, TAMPA, FL
Price
$ 999,000
Property Attributes
  • MLS#U8218503
  • TypeCommercial
  • CountyHILLSBOROUGH
  • CityTAMPA
  • AreaTampa - Palm River - Progress Village
  • NeighborhoodUnplatted
  • Zip33619
  • StyleMulti Family
  • Year Built1973
  • Taxes$ 1887
  • Price$ 999,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1288
  • Lot Size1.2 Acres
Data Source:
Stellar MLS
Property Description

**** COUNTY SEWER EXPANSION COMING****Prime Investment Opportunity - 4 Building - 7 Unit Income Property, on 1.25 acres with Commercial Zoning & Future Development Potential. This outstanding income-producing property in a highly sought-after location. This well-maintained 4-unit Multifamily Residence offers a fantastic opportunity for Investors and Owner-Occupants looking to grow their Real Estate Portfolio. What sets this property apart are its commercial zoning and exciting potential for future development. Located in desired South Tampa, this property offers convenience and easy access to amenities, schools, public transportation, and more. Sitting on 3 Parcels of Land, and included in the purchase are 2 separate Duplexes, each featuring 1 Bedroom and 1 Bathroom per side. 2 Single Family Homes, one consisting of 2 Bedrooms and 2 Bathrooms with a separate Efficiency unit collecting a separate rental income, and a 1 Bedroom 1 Bathroom Single Family Dwelling. All units have separate Electric Meters and shared Water. All Tenants are long-term, on Month to Month Leases, and paying Below Market Rent.

Price History
10/23/2023 Listed $1,000,000
2/27/2024 3% - $975,000
6/3/2024 6% - $925,000

General Features

Sewer Septic Tank
Cooling Central Air,Wall/Window Unit(s)
Zoning RDC-12
Construction Materials Block,Stucco
Year Built 1973
Property SubType Multi Family
Tax Year 2022
Percent Ownership Other
Additional Parcels Description U-23-29-19-ZZZ-00001-51160.0,U-23-29-19-ZZZ-00001-51150.0
County Hillsborough
New Construction No
Property Type Commercial Sale
Subdivision Name UNPLATTED
Status Active
Directions From 589 S,merge onto i-275s toward i-4 E,use left lane to take Exit 2 toward E Brandon,merge onto FL-618 (E Selmon Expressway),Use the right 2 lanes to take exit 11 to merge onto US-41 S/S 50th St/S
ModificationTimestamp 2024-06-21T12:50:53.050Z
City TAMPA
Buyer Agent Compensation 2.5%-$495
View Y/N No
MLS Area 33619 - Tampa / Palm River / Progress Village
Lot Size Units Acres
Lot Size Square Feet 65340
Waterfront Y/N No
Tax Annual Amount 1887.48
Property Condition Completed
Additional Parcels Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8218503
Days on Market 235
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Legal Description COMM SE COR OF W 1/2 OF NW 1/4 OF SW 1/4 N ALONG E BDY OF W 1/2 OF NW 1/4 OF SW 1/4 30 FT W TO A PT ON W R/W BDY OF 63 RD ST S 25 FT FOR POB N 85 FT W 101 FT S 84.5 FT TO A PT ON N R/W OF PALM RIVER
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Interior Features

Total Stories 1
Air Conditioning Y/N Yes

Exterior Features

Lot Size Area 1.5
Foundation Details Slab
Number of Buildings 4
Building Area Total 1288
Lot Size Acres 1.2
Road Surface Type Asphalt
Road Frontage Type County Road,Main Throrughfare
Number of Lots 3

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 Commercial Average in 33619

Price
AVG $1.28M
$1,000K
Taxes
AVG $11,994
$1,887
Visits
AVG 542
541
Data Provided by Inside Real Estate®
Year Built
AVG 1984
1973

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