Active

$5,450,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 18000 sq ft
Overview
  • ID: MFRT3507905
  • Bedrooms:
  • Bathrooms: 0
  • Size: 18000 sq ft
Property Details
Remarks
Seize the chance to own a top-tier investment property offering a robust 7% CAP rate. The Boardwalk at Riverview boasts four standalone buildings, each thoughtfully designed with four units, providing a total rentable area of 18,000 sq. ft. Spanning 2.7 acres, this exceptional property includes 106 parking spaces and a total footprint of 20,182 sq. ft., which accounts for walkways and overhangs. *** Don't miss this rare opportunity to invest in a premier property with a strong return potential! *** This property showcases exceptional pride of ownership and has been meticulously maintained in pristine condition. The property greets visitors with a beautifully tree-lined driveway that winds past two serene retention ponds, creating a tranquil and inviting environment. A shared picnic area adds to the community charm, making this property an exceptional opportunity for investors and tenants alike. Stone accents on building exteriors. Capital improvements: 16 new hot water heaters in 2024; Exterior and interior paint; All new HVAC units within last 2 years; 5 year old roofs; Driveway resurfaced and striped within last two years. Each unit is equipped with a separate electric meter and HVAC system, as well as a handicap-accessible bathroom and a pleasant breakroom. 100% leased with waiting list. Located just off Gibsonton Drive, this property sits within a thriving business district, offering unparalleled convenience, accessibility, and visibility. Its proximity to major highways, including I-75 and 301 Highway, ensures excellent connectivity, while being just minutes from the new AdventHealth Hospital in Riverview. This opportunity is perfect for investors seeking long-term success in a highly desirable location.
Financial Considerations
Price:
$5,450,000
HOA Fee:
N/A
Tax Amount:
$43655.01
Price per SqFt:
$302.78
Tax Legal Description:
COMM AT NE COR OF GOVT LOT 5 THN S 00 DEG 45 MIN 00 SEC W 321.96 FT THN S 60 DEG 08 MIIN 00 SEC W 856.73 FT THN N 23 DEG 22 MIN 26 SEC W 424.02 FT THN S 60 DEG 08 MIN 00 SEC W 200 FT THN S 23 DEG 22 MIN 26 SEC E 45.69 FT TO SELY R/W OF GIBSONTON DR FOR A POB THN S 23 DEG 22 MIN 26 SEC E 452.97 FT THN S 49 DEG 29 MIN 38 SEC E 120 FT THN S 62 DEG 30 MIN 22 SEC W 195 FT THN S 56 DEG 43 MIN 45 SEC W 77.04 FT THN N 21 DEG 36 MIN 30 SEC W 563.93 FT TO SELY R/W OF GIBSONTON DR THN N 59 DEG 42 MIN 14 SEC E 201.65 FT TO POB
Exterior Features
Lot Size:
117612
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Office
Style:
N/A
Year Built:
2006
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    10011 WATER WORKS LN
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