Active

118 BOSPHOROUS AVE

TAMPA FL, 33606

$1,200,000


$424.33 per sqft

Active

5 Beds

3 Baths

2,828 sqft

Multi-family

Built in 1951

This property is being sold for Land Value. Rare Opportunity to Purchase 0.3 Acres in Davis Islands, Tampa's Premier A++ Submarket. A Short Walk or Golf Cart Ride from Davis Islands Village (Boutique Shops, Local Restaurants, and Entertainment), Davis Islands Yacht Club, Davis Islands' Very Own Airport, and Family-Friendly Parks. Within a 5-10 Minute Drive from Tampa General Hospital, Downtown Tampa, Hyde Park Village, and The Beautiful Bayshore Boulevard. Existing use is 3 apartment style units, a mix of one 1 bedroom 1 bathroom(840sqft) and two 2 bedroom 1 bathroom (999 sqft) units. These units could be kept as rentals long term or until another use is deemed for the property, value add available with these rentals. Nearly Unlimited Potential for Single Family Home Construction; Limited Restrictions with Maximum Building Height of 35 Feet. Future Zoning of Residential 10 (R-10) Allows for the Construction of Multiple Townhomes and Single-Family Homes with Maximum Density of 10 Units Per Acre (3 Units Max).

T3502127

MLS ID

January 30, 2024

Listed

May 9, 2024

Updated

Map

118 BOSPHOROUS AVE
TAMPA FL, 33606

Interior Features

Bedrooms

5


Total Bathrooms

3


Interior Features

Ninguno


Laundry Description

Laundry Room


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.31 Acres


Exterior Features

Fence


Roof

Shingle


Sewer

Public Sewer

School Information

High School

Plant-HB


Elementary School

Gorrie-HB

Other Property Details

Area Name

33606 - Tampa / Davis Island/University of Tampa


Taxes

$19,037


Tax Frequency

Annually


Days on Market

74


Garage

No


View

No


County

Hillsborough


Municipality

29


Water Source

Public


Pool

No


Zoning

RS-60


Buyer Agency Compensation

2.5% -$399

Listing History

Date

Event

Price

4/17/2024

Price Change

$1,200,000

-25%

Listed by COMPASS FLORIDA, LLC
Listing Contact: 212-913-9058 

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Data last updated 5/9/2024, 10:07 AM UTC

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