109 West 131st Avenue

Tampa, FL 33612

$1,175,000
Price
5
Beds
3,645 Sq. Ft.
$322 / Sq. Ft.
3,645
Sq. Ft.
$322
per Sq. Ft.

Description

Prime location – investor allert! Excellent opportunity to own a MULTI-FAMILY property in the heart of Tampa Bay! This offering includes a DUPLEX (1,458 sq ft) and a TRIPLEX (2,187 sq ft) situated on nearly 1-ACRE, right off bustling Florida Ave, just south of Fletcher. This 3,645-square-foot property features five 2BR/1BA units, each 729 sq ft, built with sturdy concrete BLOCK construction, central AC, and NEW SHINGLE ROOFS. Tenants pay all utilities with separate meters aside from a shared water...Prime location – investor allert! Excellent opportunity to own a MULTI-FAMILY property in the heart of Tampa Bay! This offering includes a DUPLEX (1,458 sq ft) and a TRIPLEX (2,187 sq ft) situated on nearly 1-ACRE, right off bustling Florida Ave, just south of Fletcher. This 3,645-square-foot property features five 2BR/1BA units, each 729 sq ft, built with sturdy concrete BLOCK construction, central AC, and NEW SHINGLE ROOFS. Tenants pay all utilities with separate meters aside from a shared water meter. Each unit is in good condition, having been updated a few years ago with wood-look standard tile flooring. Most units feature stainless steel appliances and quality cabinetry in the kitchens and bathrooms. Parking is available for each unit. All units are occupied by month-to-month tenants with below-market rents, providing an excellent opportunity for rental INCOME GROWTH. Plus, with no HOA, there's flexibility for future development! The existing structures are located at the back of the lot, leaving room to potentially BUILD ADDITIONAL UNITS at the front. Located minutes from downtown Tampa, International Mall, MacDill Air Force Base, I-275, shopping, dining, and more! Please do not visit the property or disturb the tenants. Don’t miss out on this fantastic investment opportunity!
  1. Listed by Duncan Anderson • BHHS FLORIDA PROPERTIES GROUP
  2. Listed by Bettina Reisenauer-Grimsley • BHHS FLORIDA PROPERTIES GROUP

Property Details for 109 West 131st Avenue

Subdivision Name
NORTH TAMPA HEIGHTS
Township
28
View
Trees/Woods
Waterfront
No
LISTING UPDATED: 11/12/2024 01:59 PM

Property Details for 109 West 131st Avenue

StatusActive
MLS #TB8317229
Days on Market8
Taxes$7,765 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1984
Lot Size0.98 AC / 42,900 SF
CountyHillsborough County

Building Information for 109 West 131st Avenue

Stories-Residences5Year Built1984Building Size-Lot Size0.98 AC / 42,900 SF

Property Information for 109 West 131st Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 3780.0
  • Building Area Units: Square Feet
  • Directions: I-275 N to Fletcher Ave, West on Fletcher, South on Florida, West on W. 131st Ave to Address. Property is gated.
  • Elementary School: Lake Magdalene-HB
  • Middle Or Junior School: Buchanan-HB
  • High School: Gaither-HB
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 109
  • Street Direction Prefix: W
  • Street Name: 131ST
  • Street Suffix: AVENUE
  • State: FL
  • City: TAMPA
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 3
  • Tax Book Number: 3-73
  • Tax Legal Description: NORTH TAMPA HEIGHTS E 132 FT OF W 264 FT OF LOT 8 BLOCK 3 LESS RD R/W ON S SIDE
  • Tax Lot: 8
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 132x325
  • Parcel Number: U-12-28-18-0TD-000003-00008.3
  • Total Acreage: 1/2 to less than 1
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: RMC-6
  • Living Area: 3645
  • Lot Dimensions: 132x325
Property and Assessments
  • Year Built Numeric: 1984
  • Flood Zone Code: X
  • Flood Zone Date: 08-28-2008
  • Flood Zone Panel: 12057C0204H
  • New Construction: No
  • Public Survey Range: 18
  • Public Survey Section: 12
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Public, Street Lights, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Private Mailbox
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 5
  • Appliances: Range, Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Ceramic Tile, Tile
  • Heating: Central
  • Interior Features: Ceiling Fans(s), Open Floorplan, Window Treatments
  • Laundry Features: Outside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Blinds
Multi Family
Multi-Family Information
  • Annual Expenses: $16,220
  • Annual Net Income: $46,780.00
  • Est Annual Market Income: $87,000.00
  • Gross Income: $63,000
  • Unit Count: 1
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Heated Sq Ft 1: 729
  • Unit Type Number Of Units Occupied 1: 5
  • Unit Type Pro Forma 1: 1450
  • Unit Type Type 1: 2 Bed/1 Bath
  • Unit Type Units Total 1: 5
Rental
Rental Information
  • Pets Allowed: Yes

Property History for 109 West 131st Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 109 West 131st Avenue

Taxable ValueLand$164,092Additions$428,516Total$592,608
Tax Record2023$7,765 ($647 / month)
Home Facts
Total Finished SqFt2,187 SqFtAbove Grade Finished SqFt2,187 SqFtStories1Lot Size42,900 SqFtStyleDuplexYear Built1984Year Renovated2003ZoningRMC-6CountyHILLSBOROUGHAPNU1228180TD000003000083

Schools near 109 West 131st Avenue

This home is within Hillsborough.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Miles Elementary School
PublicPK to 5

Buchanan Middle School
Public6 to 8

Gaither High School
Public9 to 12

IDEA VICTORY-7835
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

109 West 131st Avenue is a multi-family home for sale in Tampa, FL 33612. This property was listed for sale on November 9, 2024 by BHHS FLORIDA PROPERTIES GROUP, it's currently listed at $1,175,000. This listing's school district is Hillsborough. Nearby schools include Miles Elementary School, Buchanan Middle School and Gaither High School. 109 West 131st Avenue is a 5-bed, 0-bath, 3,645 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS FLORIDA PROPERTIES GROUP, Duncan Anderson; BHHS FLORIDA PROPERTIES GROUP, Bettina Reisenauer-Grimsley

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 11/12/2024 01:59 PM