FL > Tampa > Prestons Sub
Tampa, FL 33604,5609 N NEBRASKA AVE
Tampa, FL 33604,5609 N NEBRASKA AVE
Tampa, FL 33604,5609 N NEBRASKA AVE
Tampa, FL 33604,5609 N NEBRASKA AVE
Tampa, FL 33604,5609 N NEBRASKA AVE
Tampa, FL 33604,5609 N NEBRASKA AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
13
Aug
Thu
14
Aug
Fri
15
Aug
Jessica Owens

Jessica Owens

+1(386) 847-2646
$ 899,500
Est. payment | /mo

3,907 SqFt

Save Virtual Tour
$ 899,500
Est. payment | /mo
Save Virtual Tour

3,907 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 3,907 sqft

Price per Sqft $230

Subdivision Prestons Sub

MLS Listing ID TB8340223

HOA Y/N No

Year Built 1935

Annual Tax Amount $9,841

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 82x137

Property Sub-Type Mixed Use

Source Stellar MLS

Property Description

Under contract-accepting backup offers. EAST SEMINOLE HEIGHTS MIXED USE OPPORTUNITY! 6 sources of income consisting of: A QUAD APARTMENT BUILDING / A RESTAURANT / A LARGE BILLBOARD / & SMALL STORAGE BUILDING. This perfectly located multi-use property is right in the thick of all of the revitalization of homes, new construction, and restaurant concepts. The property is composed of: 4 Unit quadplex (fully rented) A 2/1 (740 sf.), B 1/1 (400 sf.), C 1/1 (560 sf.), D 1/1 (560 sf.), a separate garage / workshop adjacent to apartments (currently a part of restaurant lease); a free-standing Restaurant Property (currently rented Mexican Restaurant) with transferable 2COP liquor license, 1 mono-pole billboard currently on a land lease. The entire property is CI zoned so most uses are welcome on the property. Gross income is $95,903.40 with a Net Operating Income of $74,445 ... roughly an 8 CAP. All apartment units have been renovated and are leased. 4 years remain on the restaurant lease with tenant having an additional 5 year option thereafter with annual increases. Other recent capital improvements to the property are: A BRAND NEW WATERLINE AND METER TO THE APARTMENT BUILDING, NEW ROOF ON APARTMENT BUILDING, and new perimeter fencing installed. No owner financing is being offered.

Location

State FL

County Hillsborough

Community Prestons Sub

Area 33604 - Tampa / Sulphur Springs

Zoning SH-CI

Interior

Cooling Wall/Window Unit(s)

Building

Story 2

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Structure Type Block

New Construction false

Others

Ownership Corporation

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8340223

Stellar MLS
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by FUTURE HOME REALTY INC
agent-avatar

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(386) 847-2646

jessica@sunstateteam.com

1400 S International Pkwy Suite 1020, Lake Mary, FL, 32746

Learn More About LPT Realty

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Jessica Owens, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.
Tour the Home

5609 N NEBRASKA AVE