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Map
$765,000
●
Property -
Off Market
14 Hamilton Heath DRIVE
TAMPA, FL 33604
Studio
0 Bath
3752 Sqft
$4,615
Estimated Monthly
$0
HOA / Fees
0.77%
Cap Rate
About This Property
This multifamily property is an absolute GEM -- all units are
oversized with spotless kitchens and bathrooms + beautiful hardwood
floors and walk-in closets. Live in one unit and rent to wonderful,
long-term tenants or keep renting all four units on this perfect
street just minutes away from the river and Tampa's best coffee
shops, bars, and restaurants (10 minute drive to Armature
Works).
As an investment, the fourplex is a owner's dream: with overwhelming demand for apartments (two 2/1s and two 1/1s) in Seminole Heights; the entire property was fenced and covered in pavers so no monthly landscaping required + no HOA; in 2021, electrical was completely replaced, trees were trimmed, and roof was recoated; tenants pay for utilities (monthly credit given for water) and washer/dryer already set-up for units; truly, this property has been meticulously maintained and the tenants are kind professionals who were well-vetted with average time in unit >5 years. Currently a 6.5% cap rate but close to 8% with at-markets rents.
Managing the property is easy and headache-free. Looking for the right buyer who is excited about all the amazing things that will continue to come to Tampa. Will work with 1031 buyers who need timeline flexibility.
Note: please respect the tenants and property. There are cameras covering the entire premises and no one is allowed on the property without the owner's approval.
As an investment, the fourplex is a owner's dream: with overwhelming demand for apartments (two 2/1s and two 1/1s) in Seminole Heights; the entire property was fenced and covered in pavers so no monthly landscaping required + no HOA; in 2021, electrical was completely replaced, trees were trimmed, and roof was recoated; tenants pay for utilities (monthly credit given for water) and washer/dryer already set-up for units; truly, this property has been meticulously maintained and the tenants are kind professionals who were well-vetted with average time in unit >5 years. Currently a 6.5% cap rate but close to 8% with at-markets rents.
Managing the property is easy and headache-free. Looking for the right buyer who is excited about all the amazing things that will continue to come to Tampa. Will work with 1031 buyers who need timeline flexibility.
Note: please respect the tenants and property. There are cameras covering the entire premises and no one is allowed on the property without the owner's approval.
Unit Size
3,752Ft²
Days on Market
299 days
Land Size
0.14 acres
Price per sqft
$220
Property Type
Property
Property Taxes
$569
HOA Dues
-
Year Built
1926
Last updated: 8 days ago (Stellar MLS #T3456035)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 24, 2024 | Sold | $765,000 | |
Sold | |||
Feb 18, 2024 | In contract | - | |
In contract | |||
Jun 30, 2023 | Listed by HOMECOIN.COM | $824,000 | |
Listed by HOMECOIN.COM | |||
Jun 5, 2018 | Sold to Daniel Dickey, Jatinder Channa | $340,000 | |
Sold to Daniel Dickey, Jatinder Channa |
Property Highlights
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Driveway, Oversized
Interior Details
Interior Information
Interior Features: Ceiling Fan(s)
Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
Flooring Type: Ceramic Tile, Hardwood
Laundry Features: Laundry Closet
Exterior Details
Property Information
Square Footage: 3752
Square Footage Source: $0
Property Condition: Completed
Year Built: 1926
Building Information
Building Area Total: 3791
Other Structures: Shed(s), Storage
Construction Materials: Wood Frame, Wood Siding
Lot Information
Lot Features: Level, Sidewalk
Lot Size Area: 6000
Lot Size Units: Square Feet
Lot Size Acres: 0.14
Lot Size Square Feet: 6000
Lot Size Dimensions: 60 x 100
Tax Lot: 4
Land Information
Water Source: Public
Financial Details
Tax Annual Amount: $6,823
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Other
Loft
-
2,582 ft²
$279/ft²
$720,000
Jul 20, 2023
$720,000
Jan 11, 2024
$150/mo
House
4
Beds
3
Baths
2,769 ft²
$249/ft²
$689,000
Jul 1, 2023
$689,000
Aug 9, 2023
$344/mo
House
5
Beds
4
Baths
5,167 ft²
$165/ft²
$850,000
Nov 30, -0001
$815,000
Apr 30, 2013
$592/mo
House
4
Beds
3
Baths
2,426 ft²
$295/ft²
$715,325
Jan 19, 2024
$715,325
Mar 20, 2024
$70/mo
House
4
Beds
3
Baths
2,310 ft²
$336/ft²
$775,000
Jun 8, 2023
$775,000
Jul 18, 2023
$84/mo
Sold
House
3
Beds
3
Baths
2,263 ft²
$298/ft²
$675,000
Dec 9, 2022
$675,000
Feb 17, 2023
$94/mo
Active
Commercial
Loft
-
3,256 ft²
$275/ft²
$895,000
Jan 12, 2024
-
$352/mo
Active
Commercial
Loft
-
2,242 ft²
$424/ft²
$950,000
Feb 6, 2024
-
$190/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
14 Hamilton Heath Drive
14 Hamilton Heath Drive, Tampa, FL 33604
- 1 Unit for Sale