BEDS8
BATHS
SQUARE FEET2,606
MLS#TB8476378
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWEST HIGHLANDS
Property Description
Fully rented multi-unit investment opportunity just minutes from Armature Works and Downtown Tampa. This income-producing property features multiple structures with strong rental flexibility and future development potential in a rapidly growing corridor.The front building includes a 4 bedroom / 2 bath layout currently configured into four individual units, plus an upstairs 2 bedroom / 1 bath unit and an additional 1 bedroom / 1 bath unit below. In the rear of the property, a detached 1 bedroom / 1 bath cottage provides additional income and tenant appeal. Property features include community laundry, private laundry inside the 4/2, and multiple rental configurations designed to maximize cash flow. Prime location near the Riverwalk, Armature Works, Downtown Tampa dining, retail, and major employment hubs. Fully rented with immediate income in place. Strong cash flow today with long-term appreciation and redevelopment upside. Ideal for investors seeking stabilized returns in a high-demand area.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Mini-Split Unit(s)
Heating: Ductless
Lot Size: 0.17 Acres
Roof Type: Shingle
Taxes: $5,072
Year Built: 1921
Amenities
Ceiling Fans(s)
Walk-In Closet(s)
Courtyard
Private Yard
Feature Descriptions
Annual Net Income: 90108.00
Days on Site: 60
Directions: From I-275, take Exit 44 toward Downtown East/West and merge onto N Tampa Street heading south; continue approximately 0.6 miles, then turn right onto W Columbus Drive, and the property will be on the south (right) side of the street.
Exterior: Frame, Wood Siding
Flood Zone Code: X
Flooring: Ceramic Tile
Foundation: Pillar/Post/Pier
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.17
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent
Special Sale Provisions: None
Units: 4
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: RM-16
Listed By / Shown By
Listed By
Agency Name: REALTY EXPERTS
Agency Contact: 727-888-1000
Shown By
Agency Title: Florida Executive Realty - New Construction
Agency Phone: 813-908-8500
Estimate Your Payment
Estimated Payment
$ 2,939.90 per month $2,225.57 Principal & Interest $422.67 Property Tax $291.67 Homeowner's Insurance
316 W Columbus Drive | MLS# TB8476378
This multi-family property located at 316 W Columbus Drive, Tampa, FL 33602 is currently listed for sale with an asking price of $999,999. Search Tampa real estate on www.floridaexecutivenewhomes.com today.