Listing ID: T3341831
Price: $2,600,000
Status: Active
Address: 12007-12017 Peach Grove Court
City: Seffner
State: Florida
Postal Code: 33584
SqFt: 13,068
Acres: 0.960
County: Hillsborough
Subdivision: Peach Ave Twnhms
Seffner
FL
33584
Take a look at this opportunity to own 11 profitable rentals all at once. They are in a prime location with quick access to I-4 and I-75 and are near Armwood High School. They are completely leased with competitive rents; however, there are also some additional ways to improve the income if the buyer continues the strategy to capture escalating market rents and add water meters to make tenants responsible for their usage. New roofs for each building were completed on 11/18/21; curbing and pavement sealing was done in 2019, and the exterior was painted in 2019. Each townhouse has a separate folio number which makes it possible to sell them individually. A homeowner’s association is in place officially but not in use because tenants occupy each home. Ten units have wood cabinetry with Formica countertops, one of the ten has wood-like vinyl flooring, and nine have ceramic tile downstairs, all having carpeting upstairs. One unit was a model home and has upgraded cabinetry and granite countertops in the kitchen with waterproof wood-like vinyl flooring and carpeting upstairs. Photos show two different units before the tenants moved in.

Primary Features

County: Hillsborough
Property Sub Type: Multi-Family
Property Type: Residential Income
Subdivision: Peach Ave Twnhms
Year Built: 2007
Zoning: RMC-12

Interior

Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
Building Area Units: Square Feet
Cooling Type: Central Air
Fireplace: no
Flooring: Carpet, Ceramic Tile, Vinyl
Heating Type: Central
Interior Features: Cathedral Ceiling(s), Ceiling Fans(s), Kitchen/Family Room Combo
Laundry Features: In Kitchen
Levels: Two
Living Area Meters: 1214.06
Living Area Source: Public Records
Living Area Units: Square Feet
Unit Count: 1

External

Attached Garage: no
Carport: no
Construction Materials: Block
Exterior Features: Lighting, Sidewalk
Flood Zone Code: X
Foundation Details: Slab
Garage: no
Lot Features: In County, Private
Lot Size SqFt: 41899
Lot Size Square Meters: 3893
New Construction: no
Number Of Units Total: 11
Patio And Porch Features: Rear Porch
Pool Private: no
Road Responsibility: Private Maintained Road
Road Surface Type: Asphalt
Roof: Shingle
Sewer: Public Sewer
Total Acreage: 1/2 to less than 1
Total Number of Buildings: 2
Utilities: Cable Available, Electricity Available, Public, Street Lights, Water Connected
Water Access: no
Water Extras: no
Water Source: Public
Water View: no

Location

Association: yes
Country: US
MLS Area Major: 33584 - Seffner
Number Of Lots: 14
Senior Community: no
Township: 28
Waterfront: no

Additional

CDD: no
Mls Status: Active
Pets Allowed: No
Public Survey Range: 20
Public Survey Section: 34
SDEO: no

Financial

Annual Net Income: 112915.00
Association Fee Requirement: None
Current Price: 2600000.00
Financial Data Source: Owner
Gross Income: 154800
Ownership: Fee Simple
Special Listing Conditions: None
Tax Annual Amount: 1914.22
Tax Block: 2
Tax Book Number: 107-199
Tax Lot: 1
Tax Year: 2020
Tenant Pays: Electricity
Total Actual Rent: 12900

Zoning Info


Listing information courtesy of Florida Lifestyle Properties.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2021. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on Sunday, November 28th, 2021 at 01:43:44 AM.

Contact - Listing ID T3341831

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Jon Smith

100 Beach Dr NE, Suite 101
St Petersburg, FL 33701
Phone: 415-200-8584

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