11303 SPIVEY RD new

Gibsonton,FL 33534

$ 300000

5 Beds

2 Baths

1500 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $200

Subdivision Florida Garden Lands Rev M

MLS Listing ID TB8415309

Bedrooms 5

Year Built 1964

Annual Tax Amount $3,540

Lot Size 0.510 Acres

Property Sub-Type Duplex

New Construction false

Property Description

Investor Opportunity! This property is part of a 4-property, 10-unit portfolio available individually or as a complete package. Located in the Gibsonton/Ruskin area, all properties are within 20 minutes of each other, making it an ideal setup for efficient management.

This specific property offers 11303 Spivey Rd. Gibsonton, FL 33534 - 1/1 rented units with NEW ROOF and inside upgrade potential, contributing to a portfolio-wide pro forma CAP rate of 10% and immediate cash flow potential. The entire portfolio is 80% stabilized with upside through lease-up and potential rent increases!

Whether you're looking for a strong-performing individual rental or want to acquire all 10 units for scale and increased 6-FIGURE returns — this opportunity checks the boxes!

Location

State FL

County Hillsborough

Community Florida Garden Lands Rev M

Area 33534 - Gibsonton

Zoning RSC-2

Interior

Heating Electric

Cooling Ductless

Laundry Electric Dryer Hookup,Washer Hookup

Exterior

Exterior Feature Fence

Utilities Available Electricity Connected,Water Connected

Roof Type Shingle

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Acceptable Financing Cash,Other

Listing Terms Cash,Other

Special Listing Condition None

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