Friendship Palms
Closed1308 W Waters Ave, Tampa, FL 33604
Property type
Multifamily
Unit / Space count
24
Price
$3,364,800
Building size
19,728 sf
Rentable area
19,728 SF
Year built
1984
Year renovated
Occupancy
Zoning code
Lot size
1.38 Acres
Sold/status
Sold · Date unknown
Sale price
$3364800
Bedroom count
Property description
**** CALL FOR OFFERS DUE SEPTEMBER 23, 2021 ***** Friendship Palms is a 24 unit multifamily community located in Tampa, FL. The 1984 vintage property features concrete block construction with pitched, shingle roofs. The unit mix includes 100% two bedroom floor plans at 850 square feet. All units feature washers and dryers. Friendship Palms is a quick 5 minute drive from Tampa’s Seminole Heights District. This submarket showcases dozens of unique restaurants, bars, and boutiques and is experiencing rapid growth and new development. Friendship Palms is located near the “Innovation Alliance” district of Tampa with over 74,000 jobs & 4,100 companies within the 25,000 acre tech hub. Major nearby employers include Zoo Tampa at Lowry Park (1.0 Mi), Advent Health Carrollwood (2.8 Mi), Advent Health Tampa (6.1 Mi), Moffitt Cancer Center (6.1 Mi), The University of South Florida (5.0 Mi), Yuengling Brewery (4.5 Mi) Busch Gardens (3.9 Mi), and Adventure Island (3.9 Mi). Friendship Palms offers an investor the opportunity to acquire a well-built asset with excellent value-add potential in a central Tampa location, with great proximity to major employers and new developments.
Property highlights
- 24 Unit Multifamily Community in Tampa, FL
- Highly Desirable Two-Bedroom Floor Plans with Washer/Dryer Connections
- Buyer is Planning on Implementing a Significant Interior/Exterior Renovation Plan
- Excellent Central Location in Tampa with Proximity to Major Employers Including Advent Health Carrollwood (2.8 Mi), Zoo Tampa at Lowry Park (1.0 Mi), Tampa International Airport (9.7 Mi), Busch Gardens (3.9 Mi), Adventure Island (3.9 Mi), and the University of South Florida (5.0 Mi)