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Hillsborough County · Tampa, FL 33603

New Off Market - Two Renovated Adjacent Tampa Rentals - Tampa, FL

$530,000
5
Beds
2
Baths
1,728
Sq ft
1925
Year built
$25K spread

About this property

This value-add package in Tampa features two renovated single-family residences located directly next to each other on separate parcels with a combined 5 bedrooms, 2 bathrooms, approximately 1,728 SF of living space, and approximately 11,119 SF combined lot size built in 1925. The properties comprise 1205 E Osborne Ave with 2 bedrooms, 1 bathroom, and approximately 776 SF, and 1207 E Osborne Ave with 3 bedrooms, 1 bathroom, and approximately 952 SF, both boasting updated interiors including flooring, kitchens, bathrooms, paint, fixtures, and appliances, with an estimated combined market rent of approximately $3,900 to $4,200 per month, an asking price of $530,000, and a combined ARV of $555,000.

Property snapshot

Layout5 Bed / 2 Bath
Living area1,728 sq ft
Lot size11,119 sq ft
Year built1925
Property typeLand
CountyHillsborough County

Deal details

Asking price$530,000
ARV estimate$555,000
Spread (ARV − asking)$25,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$530K
ARV est.
$555K
Spread
$25K
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Ms. Meriam
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