Branch Ave Flats
Closed4002 & 4004 N Branch Ave, Tampa, FL 33603
Property type
Multifamily
Unit / Space count
7
Price
$970,000
Building size
6,560 sf
Rentable area
6,560 SF
Year built
1985
Year renovated
Occupancy
Zoning code
Sold/status
Sold · Date unknown
Sale price
$970000
Bedroom count
Property description
Branch Ave Flats is a 7-unit multifamily property located in Tampa, FL in Hillsborough County within the Historic Seminole Heights District. The property consists of 2 concrete block buildings with pitched roofs and was constructed in 1985. Branch Ave Flats features 6,560 square feet of living space and the unit mix consists of 3; 2 Bed 1.5 Bath Townhomes (960 SF) and 4; 2 Bed 1.5 Bath Units (775 SF). Branch Ave Flats offers residents upgraded units featuring modern finishes such as white cabinets and appliances, upgraded countertops, modern fixtures, upgraded lighting & vinyl wood flooring. The property is gated and features a courtyard atmosphere between the two buildings. In the bustling historic Seminole Heights District, residents are within walking distance to dozens of gourmet restaurants, unique breweries, cafes and unique shops. Branch Ave Flats is just a short 8-minute drive to Downtown Tampa, which features over 10-million square feet of office space and the $3-billion dollar Water Street Redevelopment Project. Nearby retailers include Winn Dixie (0.6 Mi), Publix (1.9 Mi), Starbucks (1.2 Mi), and Walmart (2.2 Mi). Travel is convenient with Interstate 275 located nearby, which provides quick access to Downtown Tampa (2.8 Mi), Tampa International Airport (7.8 Mi) and the University of South Florida (10.2 Mi). Branch Ave Flats offers an investor the opportunity to acquire a turn-key asset in a prime Tampa location with the ability to add value through the implementation of strategic upgrades.
Property highlights
- A 7-Unit Multifamily Property Located in Tampa, FL in Hillsborough County Within the Historic Seminole Heights District
- 2 Buildings Featuring Concrete Block Construction & Pitched Shingle Roofs
- 70% of the Units Have Been Renovated & Include Modern Upgrades such as White Cabinets, Upgraded Countertops, Modern Fixtures, Upgraded Lighting & Vinyl Wood Flooring
- Gated Property Featuring a Courtyard Atmosphere Between the Two Buildings
- The Seminole Heights District is Known for its Historic Craftsman-Style Bungalows, Unique Shops, Gourmet Dining, Wall Murals, Lively Bar Scene and a Modern Bohemian Appeal Reflected in the Artists, Musicians, Hipsters and Young Families who Live There
- Located 2 Miles from the Heights Development, an $820 Million, 43-Acre Mixed-Use Development on the Northern Fringe of Downtown which Includes the Recently Redeveloped Armature Works
- Easily Walkable to Many Bars, Restaurants and Unique Shops, Many of which are Located on the Main Thoroughfares of North Florida Ave & North Nebraska Ave
- Conveniently Located 0.2 Miles From Interstate 275, which Provides Convenient Access to Downtown Tampa & St. Petersburg; Located 6 Minutes From Downtown Tampa & 12 Minutes From Tampa International Airport