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$3,246,000
28 Days On Site

9502 BANYAN AVENUE
TAMPA, FL 33612

For Sale|Multi Family|Active
35
Beds
16
Total Baths
11,804
SqFt
$275
/SqFt
1988
Built
Subdivision:
FAIRVIEW TERRACE RESUB
County:
Hillsborough
Call Now: 727-235-7988
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727-235-7988
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Monthly Payment (Est.)

$14,810
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Turnkey Tampa Income Portfolio: 9 (NINE) Properties with Immediate Cash Flow Primed for Growth in Tampa. A Premier Turnkey Rental Portfolio: 9 Properties | 12 Units | 100% Occupied | Tampa, Florida **An unparalleled opportunity to acquire a fully-stabilized, income-generating portfolio of 9 properties (12 units) strategically located throughout Tampa, Florida. Offered by retiring owners, this meticulously assembled collection represents a rare chance for an investor to achieve immediate and significant scale in one of the nation's most dynamic rental markets. **The portfolio is 100% occupied and generates a substantial Gross Annual Income of $190,380. This offering provides a secure, cash-flowing asset from day one, coupled with clearly defined, multi-faceted avenues for future value creation. **Portfolio Composition & Strategic Strengths: This is not a homogenous collection of assets; it is a strategically diversified portfolio designed for resilience and optimized returns. **Asset Class Diversity: The portfolio includes a robust mix of single-family residences, duplexes and one commercial property, minimizing concentration risk and appealing to a broad tenant base. **Durable Construction: A significant majority of the properties feature low-maintenance, high-durability block construction, ensuring reduced long-term capital expenditures and operational ease. **Immediate & Stable Returns: With all 12 units currently leased to tenants, the portfolio eliminates initial lease-up risk and provides immediate, predictable cash flow upon acquisition. **The Value-Add Proposition: Unlocking Embedded Equity Beyond its stable in-place income, the portfolio is primed for significant growth through two key value-add strategies: **Revenue Growth Through Property Enhancement: A new owner has the opportunity to increase revenue by making strategic property improvements. Many units provide a strong foundation for cosmetic and functional upgrades that can enhance their appeal and market position. By investing in these enhancements, a new owner can justify higher rental rates, leading to a direct increase in net operating income and the portfolio's overall value. **Unique Zoning & Development Potential: The portfolio includes a unique mixed-use property (3417 E Lake Ave) with valuable Commercial Intensive (CI) zoning. This asset is a strategic long-term holding that offers exceptional flexibility. While currently generating residential income, the CI zoning opens future possibilities for higher-yield commercial use, a live/work redevelopment, or a small business operation, representing significant embedded value beyond its current function. **Conclusion: An Unmatched Acquisition Opportunity This 9-property portfolio is an ideal turnkey investment for a buyer seeking to establish a strong presence in the Tampa market. It offers a powerful combination of features: 1) stable, immediate cash flow, 2) clear opportunities to add value, and 3) a diversified asset base in a high-growth market. This is a rare opportunity to acquire a well-established portfolio built for long-term performance.

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Listing Snapshot
Price 
$3,246,000
Days On Site 
28 Days
Bedrooms 
35
Inside Area (SqFt) 
11,804 sqft
Total Baths 
16
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
1988
MLS® Number 
TB8428982
Status 
Active
Property Tax 
$4,670
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.17
Carport 
3
Foundation 
Other
Property Sub Type 
Multi Family
Security 
Smoke Detector(s)
Sewer 
Public SewerOther
SqFt Total 
11804
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
RS-50
Interior Features
Cooling 
Central AirWall/Window Unit(s)
Heating 
CentralElectricOther
Interior 
Other
Laundry Features 
Other
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Exterior Features
Construction Details 
Other
Exterior 
Other
Roof 
Other
Community Features
Financing Terms Available 
CashConventionalSpecial Funding
MLS Area 
33612 - Tampa / Forest Hills
Roads 
AsphaltPaved
Township 
28
Listing courtesy of KELLER WILLIAMS SOUTH TAMPA 8504967111



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-10-17 09:41 PM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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