Address
801 E PALM AVENUE, Tampa, FL
Price
$ 3,500,000
Property Attributes
  • MLS#T3318428
  • TypeCommercial
  • CountyHILLSBOROUGH
  • CityTampa
  • AreaTampa
  • NeighborhoodBONNIEHURST
  • Zip33602
  • StyleHotel/Motel
  • Year Built1902
  • Taxes$ 2284
  • Price$ 3,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2050
  • Lot Size0.38 Acres
Data Source:
Stellar MLS
Property Description

Presenting for Sale: Palm Villa Hostels, located at 801- 803 E. Palm Avenue and 1905 N. Taliafero Avenue. This is a Rare Investment Opportunity in the Tampa Heights Area of East Tampa. This Asset consists of 3 Historic Buildings offering 13 units that are leased individually and generating weekly and monthly rents. The entire Investment Portfolio is being Sold As- Is. 801 E. Palm Avenue offers 4 bedrooms, 2 baths and is 2,050 HSF. 803 E. Palm Avenue is 1,730 HSF and offers 5 bedrooms and 3 baths. 1905 N. Taliaifero Avenue offers 4 Bedroom and features 2,800 SF. There is onsite parking as well as common Street Parking giving ease of access to the property via Taliafero Avenue. Current Zoning of RM-24 Allows for Residential Mixed-Use up to 24 units or the Property may be converted to Commercial use as Professional Office or Redeveloped into a Small Office Complex or a Co-work Space. Nestled on the edge of Historic Tampa Heights and Historic Ybor City, this Location boasts a corner location surrounded by Restoration and New Development Happening in all Directions- a Terrific Opportunity to Invest in East Tampa! You may keep these three Buildings as current, Hotel/ Motel, upgrade the property for increased monthly income, convert to a greater yielding housing complex (Student Housing, ALF, Air BnB, etc…) or re-develop the site into to Professional Offices. CALL TODAY FOR A VIEWING.

Price History
7/16/2021 Listed $3,500,000

General Features

Additional Parcels Description 191645-0000, 191648-0000
Additional Parcels Y/N Yes
Building Area Units Square Feet
City TAMPA
Construction Materials Wood Frame
Cooling Other
County Hillsborough
Days on Market 174
Directions From Exit 44 on Interstate 275 N
Lot Size Square Feet 16830
MLS Area 33602 - Tampa
New Construction No
Percent Ownership Corporation
Property Condition Completed
Property SubType Hotel/Motel
Property Type Commercial Sale
Roof Shingle
Security Features Gated Community
Sewer Public Sewer
Standard Status Active
Status Active
Street Name PALM
Subdivision Name BONNIEHURST
Tax Annual Amount 2284.85
Tax Lot 2
Tax Year 2020
Total Number of Buildings 3
Township 29
Utilities Electricity Available
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3318428
Water Access YN No
Waterfront Y/N No
Year Built 1902
Zoning RM-24

Interior Features

Flood Zone Code Zone X
Front Footage 102
Living Area Units Square Feet
Livingareasource Public Records
Street Suffix AVENUE
Total Stories 2

Exterior Features

Living Area 2050
Building Area Total 6680
Foundation Details Crawlspace
Lot Dimensions 102 x 165
Lot Features Corner Lot, Historic District, City Limits, Neighbourhood, Sidewalk, Special Taxing District, Street Lights, Paved
Lot Size Acres 0.38
Number of Lots 3
Parking Features Common, Curb Parking
Road Frontage Type City Street
Road Surface Type Asphalt
Water Extras YN No
Water View YN 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 Commercial Average in 33602

Price
AVG $2.33M
$3.5M
Taxes
AVG $5,120
$2,284
Visits
AVG 79
171
Year Built
AVG 1931
1902
Walkscore
AVG 70
69
Data Provided by Walkscore ® not using MLS data

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