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12216 N 59th Street, Tampa FL 33617

Commercial For Sale
$1,325,000

BTC: 20.61454687

ETH: 696.40079048

30 days
0 room(s)

Overview

As one of the most populous cities in Florida, Tampa is an ideal market in which to own quality rental units. This 7 unit, fully occupied community enjoys high demand due to attractive floorplans and privacy normally associated with single family home living, while also offering affordability and proximity to everything the area has to offer. By being in the heart of one of the most popular places to live in Florida, Milan Villas offers excellent, stable cash flow. Fully occupied with long term tenants and a desirable location! • Strong appeal to residents - featuring gated access, spacious, updated units, a community pool (unusual for 7 units), and reserved parking, these units enjoy high demand as annual or vacation rentals year round. • Stability - Townhomes are a high demand rental type in all markets, but particularly in the Tampa Bay area. Investors enjoy a solid and consistent tenant base, and residents the luxuries of a single family home with the conveniences/amenities that come with apartment living. • Location - Less than 2 miles from University of South Florida, Adventhealth Hospital Tampa, VA Medical Center and Moffitt Cancer Center - all major local employment and education centers, creating a broad local tenant base. Also, close to all local retail, dining, hospitality, office and world-famous Busch Gardens of Tampa Bay! • Flexibility - units are individually deeded, and four are currently fully furnished and operated as vacation rentals/Airbnb units. Can be sold off individually to owner/occupants or smaller investors if so desired. • Potential for additional units - Included in the sale is a 0.40 acre parcel behind the property, with the p

Location

Details

Type:
Commercial Sale
Parking:
Assigned / Guest
Year Built:
1984
Lot:
0.80 Acres
Heating:
Central
Price/sqft:
No Data
Cooling:
Attic Fan / Ceiling Fan(s) / Central Individual A/C / Central Air
HOA:
No Data

Highlights

Annual tax
$11,331
2025
Parking
10 spaces
All facts and features
  • Heating

    • Central

    Cooling

    • Attic Fan

    • Ceiling Fan(s)

    • Central Individual A/C

    • Central Air

  • Parking

    • Assigned

    • Guest

    Property

    • Levels: 2

    Lot

    • Lot: 0.80 Acres

    Other Property Information

    • Parcel Number: 0369710502

    • Zoning: RMC-20

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Utility

    • Cable Connected

    • Cable Available

    • Electricity Available

    • Water Available

    Green energy

    • Ventilation

  • Other financial information

    • Annual tax amount: $11,331

  • Source details

    • MLS ID: B26048029

    Other facts

    • Construction Materials: CBS Construction / Slab Construction

    • Lot Features: 1/2 To Less Than 3/4 Acre Lot / Less Than 1 Acre / Oversized Lot / In Residential Area / Treed Lot

    • Water Source: Public

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: TGG Home Authority LLC