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Wade M. Berlin

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11303 Spivey Road
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PRICED AT ONLY: $300,000

Address: 11303 Spivey Road, GIBSONTON, FL 33534

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 youre 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!
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  • MLS#: TB8415309 ( Residential Income )
  • Street Address: 11303 Spivey Road
  • Viewed: 13
  • Price: $300,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Bedrooms: 5
  • Total Baths: 2
  • Garage / Parking Spaces: 2
  • Days On Market: 42
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Fence
  • Living Area: 1500.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 2.00
  • Cooling: Ductless
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Interior Features: Ceiling Fans(s)
  • Legal Description: FLORIDA GARDEN LANDS REVISED MAP OF N 80 FT OF S 621 FT OF LOT 76 LESS E 50 FT FOR RD
  • Area Major: 33534 - Gibsonton
  • Parcel Number: U-25-30-19-1RR-000000-00076.4
  • Views: 13
  • Zoning Code: RSC-2

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin