Address
1101 E LOTUS AVENUE Tampa, FL
Price
$ 899,000
Property Attributes
  • MLS#U8109192
  • TypePending
  • CountyHILLSBOROUGH
  • CityTampa
  • AreaTampa - Forest Hills
  • NeighborhoodCastle Heights Map
  • Zip33612
  • StyleMulti-Family
  • Year Built1965
  • Taxes$ 3875
  • Price$ 899,000
  • Bedrooms15
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage2296
  • Lot Size10,454 SqFt
Listing Provided Courtesy Of:
RMS ELITE PROPERTIES
Data Source:
Stellar MLS
Property Description

This listing consists of 5 Duplexes on 4 different parcels totaling 10 units – 8204 Hillsborough Lane, 8503 N Semmes Street, 8309 N Marks Street, and 1101-1107 Lotus Ave. All Properties are currently being used as rentals and are fully occupied. There is room to increase all rents to a market rate and yield a Cap Rate of around 7.25%, and a Going-In Cap Rate of 6.46%. Please email both listing agents for more information.

Price History
1/7/2021 Listed $9,200,000
1/7/2021 90% - $920,000
2/5/2021 3% - $899,000

General Features

Additional Parcels Y/N Yes
Construction Materials Concrete
Cooling Wall/Window Unit(s)
Exterior Features Other
Heating Other
MLS Area 33612 - Tampa / Forest Hills
Property SubType Multi-Family
Property Type Residential Income
Roof Shingle
Sewer Public Sewer
Special Listing Conditions None
Status Pending
Subdivision Name CASTLE HEIGHTS MAP
Total Num Buildings 2
Total Units 4
Township 28
Utilities Other
Year Built 1965
Zoning RS-50

Interior Features

Living Area 2296.00
Unit Count 9

Exterior Features

Foundation Details Slab
Lot Dimensions 100x104
Lot Size Acres 0.24
Lot Size Square Feet 10400
Number of Lots 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33612

Price
AVG $270K
$900K
Taxes
AVG $2,213
$3,875
Visits
AVG 123
288
Year Built
AVG 1974
1965
Walkscore
AVG 52
53
Data Provided by Walkscore ® not using MLS data

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