Nestled within a secure gated subdivision, this offering comprises 12 well maintained mix of 2 and 3 bedrooms apartments, enveloped by a fully fenced perimeter. Strategically situated in very close proximity to both a bus stop and prime locations in Tampa with lifestyle in this vibrant locale. Seller spent $300K+ in the recent renovations: 1. Brand new roof installed in 2024. 2. Two designated parking spaces allocated for every tenant. 3. Visitor parking amenities have been added. 4. The majority of air conditioning units have been recently upgraded, with a significant portion just replaced. 5. Majority of water heaters have been recently installed or replaced. 6. Entire property has been refreshed with a new coat of paint. 7. Security cameras installed. Seller has individual water meters installed on each apartment, and bills to tenants. All utility expenses are borne by tenants. Please refer to the attached document for Profit and Loss statements, pro forma, and capitalization rates. Current Cap Rate 7.4% Pro forma Cap Rate 9.3% *The property can be managed by the same management team for a 5% fee, should any buyer require management services. *Hard money lending and seller financing options are available with a 40% down payment.
This property is $2.0M more than the Median Sold Price and $2/SqFt more than other homes in Tampa, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #T3520848
Listing Office:
Office Name: STAR BAY REALTY CORP.
Office Phone: (813) 533-6467
Listing Agent: Simmi Mishra
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 27, 2021
Sep 27, 2021Home Sold
$920,000
Sep 19, 2020
Sep 19, 2020Home Sold
$920,000
Mar 27, 2017
Mar 27, 2017Home Sold
$745,000
Aug 26, 2015
Aug 26, 2015Home Sold
$725,000
Nov 30, 2010
Nov 30, 2010Home Sold
$395,000
Oct 22, 2003
Oct 22, 2003Home Sold
$504,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$11,967
$644,700
2018
$11,573
$609,100
2017
$9,034
$577,800
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Usf/Patel Partnership Elementary School
11801 Usf Bull Run St
Distance between this listing and this school2.27 miles
Public District Grades KG-5
8
/10
Metropolitan Ministries Partnership Elementary School
102 E Palm Ave
Distance between this listing and this school6.54 miles
Public District Grades KG-5
9
/10
Hunter's Green Elementary School
9202 Highland Oak Dr
Distance between this listing and this school9.00 miles
Public District Grades PK-5
Middle School
5
/10
Liberty Middle School
17400 Commerce Park Blvd
Distance between this listing and this school6.47 miles
Public District Grades 6-8
High School
2
/10
Freedom High School
17410 Commerce Park Blvd
Distance between this listing and this school6.47 miles
Public District Grades 9-12
6
/10
Hillsborough Virtual School
901 E Kennedy Blvd
Distance between this listing and this school7.39 miles
Public District Grades KG-12
Assigned Schools
6
/10
Usf/Patel Partnership Elementary School
11801 Usf Bull Run St
Distance between this listing and this school2.27 miles
Public District Grades KG-5
8
/10
Metropolitan Ministries Partnership Elementary School
102 E Palm Ave
Distance between this listing and this school6.54 miles
Public District Grades KG-5
9
/10
Hunter's Green Elementary School
9202 Highland Oak Dr
Distance between this listing and this school9.00 miles
Public District Grades PK-5
Assigned Schools
5
/10
Liberty Middle School
17400 Commerce Park Blvd
Distance between this listing and this school6.47 miles
Public District Grades 6-8
Nearby Schools
1
/10
Adams Middle School
10201 N Boulevard
Distance between this listing and this school1.73 miles
Public District Grades 6-8
3
/10
Van Buren Middle School
8715 N 22nd St
Distance between this listing and this school1.77 miles
Public District Grades 6-8
Assigned Schools
2
/10
Freedom High School
17410 Commerce Park Blvd
Distance between this listing and this school6.47 miles
Public District Grades 9-12
6
/10
Hillsborough Virtual School
901 E Kennedy Blvd
Distance between this listing and this school7.39 miles
Public District Grades KG-12
Nearby Schools
8
/10
Brooks Debartolo Collegiate High School
10948 N Central Ave
Distance between this listing and this school0.98 miles
The neighbors living near this home have an average income of $13,081. Residents of Tampa, FL typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
This home is located at 11713 N 15th St in Tampa, FL and zip code 33612 in the North Tampa neighborhood. This 9,222 square foot home, which was built in 1986, sits on a 0.65 acre lot. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $2,500,000.
Over 131 listings were sold over their listed price in April 2024 in Tampa, FL. In the same period over 457 listings were sold below the listed price and 167 listings were sold for the listed price. The number of listings in Tampa, FL increased by 2.6% between March 2024 and April 2024. The median list price of listings available in April 2024 was $411,476, while the average time on the real estate market was 40 days.
From Rocket Homes Real Estate and based on county public records data.