This four unit building originally built in 1926, features four 2 bed 1 bath units that are approximately 988 square feet per unit. The units have been updated with modern features including central heat and air conditioning to compliment the original wood flooring, plaster walls, intricate moulding, and craftsmanship that was consistent with the time of construction. The property is located in South Tampa in the exclusive Palma Ceia neighborhood, and is directly across the street from the Palma Ceia Country Club. The Palma Ceia neighborhood of South Tampa is also home to the Palma Ceia design district. This district contains many specialty boutiques and café’s, including some of the highest rated in the city. The area is just a short distance to Bayshore Boulevard and boasts some of the most desirable real estate in the entire Tampa Bay region. The property offers an investor an excellent opportunity to own in a highly desirable area of Tampa, with the ability to increase the current below market rents without impacting vacancy loss or expenses.
How many times have we heard the key to real estate is LOCATION, LOCATION, LOCATION? In this case the adage applies. This property is located in the desirable Plant High School District and is two blocks from the equally desirable Roosevelt Elementary School. The property has four units with a 352 sq. ft. detached bonus building that can be used for storage, a home office or studio. This is an excellent income generator as well as being ripe for redevelopment. The property is one parcel; however, it is made up of two 50' X 100' lots. The RM-16 zoning allows for a variety redevelopment options. It is the buyers responsibility to do their own due diligence to determine what redevelopment possibilities are available.
3409 W San Juan is located in the neighborhood of Palma Ceia located southwest of downtown Tampa. It has quick access to the Lee Roy Selmon Expressway and is 2 blocks off Bay to Bay. Palma Ceia is known for quaint restaurants, shops, and easy access to the city of Tampa, Davis Island, Hyde Park, Dale Mabry and the international airport, West Shore area.
This property is a Duplex. The front unit is a one bedroom - property which has a separate living room as well as a kitchen, bathroom, and bedroom. The appliances in this unit are refrigerator and range. The back unit is 2 bedrooms, has been upgraded with granite counter tops and stainless appliances, has an open concept kitchen/family room and a separate living room. Separate access to the house allows easy entry for each of the current tenants. The back yard is fenced in. The home was built in 1975 and has been upgraded and updated. Buyers may be interested in continuing the use of this property as an investment property or converting to a single family home. This property is located in Plant School vicinity.