35
BEDS
11,804
SQ.FT.
TYPE
Multi Family
BEDROOMS
35
LIVING AREA
11,804 sq.ft.
LOT SIZE
0.17 acres
YEAR BUILT
1988
NEW CONSTRUCTION
No
SELLING FIRM
Keller Williams South Tampa
MLS #
TB8428982
Turnkey Tampa Income Portfolio: 9 (NINE) Properties with Immediate Cash Flow Primed for Growth in Tampa. A Premier Turnkey Rental Portfolio: 9 Properties | 12 Units | 100% Occupied | Tampa, Florida
**An unparalleled opportunity to acquire a fully-stabilized, income-generating portfolio of 9 properties (12 units) strategically located throughout Tampa, Florida. Offered by retiring owners, this meticulously assembled collection represents a rare chance for an investor to achieve immediate and significant scale in one of the nation's most dynamic rental markets.
**The portfolio is 100% occupied and generates a substantial Gross Annual Income of $190,380. This offering provides a secure, cash-flowing asset from day one, coupled with clearly defined, multi-faceted avenues for future value creation.
**Portfolio Composition & Strategic Strengths:
This is not a homogenous collection of assets; it is a strategically diversified portfolio designed for resilience and optimized returns.
**Asset Class Diversity: The portfolio includes a robust mix of single-family residences, duplexes and one commercial property, minimizing concentration risk and appealing to a broad tenant base.
**Durable Construction: A significant majority of the properties feature low-maintenance, high-durability block construction, ensuring reduced long-term capital expenditures and operational ease.
**Immediate & Stable Returns: With all 12 units currently leased to tenants, the portfolio eliminates initial lease-up risk and provides immediate, predictable cash flow upon acquisition.
**The Value-Add Proposition: Unlocking Embedded Equity
Beyond its stable in-place income, the portfolio is primed for significant growth through two key value-add strategies:
**Revenue Growth Through Property Enhancement: A new owner has the opportunity to increase revenue by making strategic property improvements. Many units provide a strong foundation for cosmetic and functional upgrades that can enhance their appeal and market position. By investing in these enhancements, a new owner can justify higher rental rates, leading to a direct increase in net operating income and the portfolio's overall value.
**Unique Zoning & Development Potential: The portfolio includes a unique mixed-use property (3417 E Lake Ave) with valuable Commercial Intensive (CI) zoning. This asset is a strategic long-term holding that offers exceptional flexibility. While currently generating residential income, the CI zoning opens future possibilities for higher-yield commercial use, a live/work redevelopment, or a small business operation, representing significant embedded value beyond its current function.
**Conclusion: An Unmatched Acquisition Opportunity
This 9-property portfolio is an ideal turnkey investment for a buyer seeking to establish a strong presence in the Tampa market. It offers a powerful combination of features: 1) stable, immediate cash flow, 2) clear opportunities to add value, and 3) a diversified asset base in a high-growth market.
This is a rare opportunity to acquire a well-established portfolio built for long-term performance.
Tampa's economy is founded on a diverse base that includes tourism, agriculture, construction, finance, health care, government, technology, and the Port of Tampa. Contributing to the success of the community is the way businesses, city government, and citizens work together to make Tampa a better place to live.
Have you outgrown your current home, do you wish to downsize, or are you thinking about a change of scenery? Buying a home represents one of the most significant investments of your life. For most, this is an exciting but overwhelming time. You want someone looking out for your interests.
Whether new construction or pre-owned, we’ll help you find the perfect home to fit your needs. Our buyer services are paid for by the seller, so you can leverage our expertise without paying a buyers’ agent fee. We look forward to helping you start the next chapter of your Tampa Bay housing journey!
Listings courtesy of Stellar MLS as distributed by MLS GRID based on information submitted to the MLS GRID as of Thu, 12 Feb 2026 04:30:01 GMT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Property information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.