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Three Condos and Parking Lot For Sale

3 Office Properties Offered at $7,000,000 in Tampa, FL

Investment Highlights

  • Part of the Neighborhood with Water Street, The Cruise Ship Port, Tampa Aquarium, Sparkman's Wharf, The Amalie Arena and the Tampa riverwalk.
  • Five minute drive to Selmon Expressway and Interstate-275.
  • Possible owner financing with 50% down
  • Within walking distance to nearby restaurants including District Tavern, Bamboozle Channelside, The Pearl Tampa, Naked Farmer, BurgerFi and others.
  • Traffic volume of 5,108 at the cross street of N Meridian Avenue and E Washington Street N.

Executive Summary

Sale includes Floor 1/Condo 1 (3,500 SF), Floor 2/Condo 2 (6,000 SF), Floor 3/Condo 3 (6,000 SF) and parking lot which includes 15 parking spaces.
119 N 11th St is an exceptional, totally unique, one-of-a kind mixed use investment opportunity – a distinctive 3-unit office/retail condo portfolio along with an optional exclusive penthouse condo situated in the highly sought-after Channel District of Tampa. Located directly in the core along with the prestigious Water Street Tampa development and Sparkman's Wharf, this property is positioned perfectly as part of the ongoing transformation of Tampa’s Channel District, not just into a dynamic Live-Work-Play community, but a prestigious destination for all. With the 2nd phase of Waterstreet ready to start and the new Ybor Harbor development in the plans, all in the same location, it is a perfect time to take advantage of this opportunity. Owner may consider financing with acceptable down payment for 5 years adding flexibility to the investment strategy.
Want to live on top of your investment? Add on the optional penthouse.

Property Facts

Price $7,000,000
Price / SF $451.61 / SF
Sale Conditions Bulk/Portfolio Sale
Cap Rate 6.18%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 15,500 SF

Amenities

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Signage
  • Central Heating
  • High Ceilings
  • Direct Elevator Exposure
  • Natural Light
  • Open-Plan
  • Listing ID: 31380532

  • Date on Market: 4/1/2024

  • Last Updated:

  • Address: Three Condos and Parking Lot For Sale, Tampa, FL

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