9502 Banyan Ave, Tampa, FL 33612 | For Sale

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For Sale $3,246,000 ($274.99 per Sq Ft)

$3,246,000 ($274.99 per Sq Ft)
  • (0)
  • 12 Units
  • 11,804 Sq Ft
  • 7,500 Sq Ft
  • Unknown Cap Rate
Brochure

Description

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $3,246,000
Property Type Multi-Family
Usable Sqft 11,804
Number of Stories 0 stories
Parking Spots 3 spots
Year Built 1988
Last Sold Unknown
Sold Price Unknown
APN # A19281945N00000500013.0
MLS # TB8428982
Property ID 315548865
Lot Sqft 7,500
Zoning RS-50
Total Units 12
Days on Market 87
Original List Price $3,246,000
Date Updated September 24, 2025
Date Created September 19, 2025

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Correy Smith an agent of . Lic #3347183


© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of September 24, 2025 The information being provided is 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.



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