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Address Withheld By Seller, 
Thonotosassa, FL 33592

$10,000,000


Bed


Bath


26,446

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Lori Rutherford

RE/MAX Marketing Specialists

Last updated:

June 13, 2025, 01:57 PM

MLS#

TB8396729

Source:

MFRMLS

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About This Home

Address Withheld By Seller

Now available is a rare and professionally managed multifamily portfolio consisting of 44 rental units spread across 22 separate buildings, along with a two-story single-family home currently used as an on-site office and maintenance storage facility, complete with a two-car garage. The unit mix includes 33 two-bedroom, one-bath units; 10 one-bedroom, one-bath units; and one two-story residence currently functioning as the property management hub. The portfolio features a variety of HVAC systems, including central heating and air, wall units, and mini-splits, offering flexibility and cost-effective maintenance options. The grounds are meticulously maintained with manicured landscaping and professionally trimmed trees, contributing to tenant satisfaction and curb appeal. Two on-site coin-operated laundry facilities serve the tenant base—already equipped with brand-new washers and dryers adding further convenience and income potential. The buildings sits on Large and smaller tax folios, providing flexible financing options and the ability to utilize conventional residential loans on smaller parcels. Located within a federally designated Opportunity Zone, this asset presents a significant tax-advantaged investment opportunity for qualified buyers. Current market rents, supported by documentation, average $1,686 ea month for one-bedroom units and $1,978 ea month for two-bedroom units. In addition to stable cash flow from rental income, laundry operations there is the potential for increased revenue through future rent adjustments as leases come up for renewal. Whether you're a seasoned investor or seeking to take advantage of Opportunity Zone incentives, this high-performing, income-generating asset offers both immediate income and long-term appreciation potential. 29,373 Sq Ft Total 26,446 Heated Sq Ft Total, 151,098 Sq Ft land, 6.57% CAP Rate with current rents, 8.3% CAP Rate with the Fair Market Value increased rent (Documentation can be provided)

Home Facts

Multi-Family

Built in 1972

Price Summary

10,000,000

$378 per Sq. Ft.

MLS #:

TB8396729

Last Updated:

June 13, 2025, 01:57 PM

Added:

6 day(s) ago


Rooms & Interior

Interior

Living Area:

26,446 Sq. Ft.


Structure

Structure

Building Area:

29,378 Sq. Ft.

Year Built:

1972


Lot

Lot Size (Sq. Ft):

151,098


Finances & Disclosures

Finances

Price:

$10,000,000

Price per Sq. Ft:

$378 per Sq. Ft.

MLS Logo
The information being provided by My Florida Regional MLS DBA Stellar MLS. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS.. RE/MAX Marketing Specialists is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of RE/MAX Marketing Specialists, a broker participant of My Florida Regional MLS DBA Stellar MLS.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by My Florida Regional MLS DBA Stellar MLS. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.

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