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Archived over 2 years ago

$415,000

1 bd 1 ba

7918 N 40th St, Tampa, FL 33604

Residential SFR Occupied

Current Rent **

N/A

Projected Rent **

$1

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

Very High

Land for Development in Tampa

Great opportunity for Multi-family development, Commercial development with approx. 200 ft of road frontage, highly visible/high traffic road, combined lots are just over 1/2 acre of buildable land, not in a flood zone, approx. 8/10th mile from Busch Gardens, near the USF a short walk away from the Hillsborough River. A convenient bus stop is located in the front of the property on N 40th St side of the property & a quiet well established neighborhood is located on the Lakeshore Rd side of the property. This property is centrally located the opportunities are endless. One lot is CG Commercial General and the other two are Consisting of RM-24 zoning (allowing for 24 dwelling units/ acre). This property is being sold with the two additional adjoining lots. (7913 LAKESHORE DR, TAMPA, Folio # 148613-0000, MLS#T3341166) & (7913 Lakeshore Dr, Tampa, Folio#148612-0000, MLS#T3341184). 40-Foot container can be negotiated into the price. the RV and the green house do not convey. Ca;; for Appointment DO NOT Show up to the property without an appointment, You Must Call me Will Moya, Broker 813-598-8344 I have an old survey of the property I can share. Email me for more pics.

Location:

7918 N 40th St, Tampa, FL 33604

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.