$10,000
closing credit¹
5609 N Nebraska Ave Tampa, FL 33604
Property details
About 5609 N Nebraska Ave
EAST SEMINOLE HEIGHTS MIXED USE OPPORTUNITY! 6 sources of income consisting of: A QUAD APARTMENT BUILDING / A RESTAURANT / A LARGE BILLBOARD / & SMALL STORAGE BUILDING. This perfectly located multi-use property is right in the thick of all of the revitalization of homes, new construction, and restaurant concepts. The property is composed of: 4 Unit quadplex (fully rented) A 2/1 (740 sf.), B 1/1 (400 sf.), C 1/1 (560 sf.), D 1/1 (560 sf.), a separate garage / workshop adjacent to apartments (currently a part of restaurant lease); a free-standing Restaurant Property (currently rented Mexican Restaurant) with transferable 2COP liquor license, 1 mono-pole billboard currently on a land lease. The entire property is CI zoned so most uses are welcome on the property. The entire property is fully leased with an annual income of $95,903.40 and a Net Operating Income of $78,106 ... roughly an 8 CAP. All apartment units have been renovated and are leased. 4 years remain on the restaurant lease with tenant having an additional 5 year option thereafter with annual increases. Other recent capital improvements to the property are: A BRAND NEW WATERLINE AND METER TO THE APARTMENT BUILDING, NEW ROOF ON APARTMENT BUILDING, and new perimeter fencing installed. No owner financing is being offered.
Highlights
Virtual tour
Summary
- MLS Number: TB8338524
- MLS Name: MFRMLS
- Office Name: FUTURE HOME REALTY INC
- Office Phone: (813) 855-4982
- Listing Agent: Edward Moore, Jr.
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Last updated on: 1/31/2025, 10:49:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$939,000
5609 N Nebraska Ave
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 05, 2017 | Home Sold | $340,000 |
| Mar 13, 2006 | Home Sold | $451,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $611,527 | $9,415 |
| 2022 | $549,197 | $8,624 |
| 2021 | $448,975 | $8,624 |
| 2020 | $355,818 | $7,709 |
| 2018 | $253,649 | $5,495 |
| 2017 | $208,855 | $4,164 |
History based on county public records data.
Nearby schools
5
Seminole Heights Grammar School
Public District PK-5
0.4 mi
•6201 N Central Ave
5
Walton Academy
Public Charter KG-5
0.8 mi
•4817 N Florida Ave
3
Thomas A. Edison Grammar School
Public District PK-5
0.9 mi
•1607 E Curtis St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,408. Most Tampa, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Men's Tennis- Tennis
Hiking/backpacking
Where do the neighbors shop?
Nordstrom Rack
Crate & Barrel
Bloomingdales
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Boston Market
What do the neighbors drive?
Volvo
BMW
Audi
What do the neighbors listen to?
News
Alternative
Jazz
This home is located at 5609 N Nebraska Ave in Tampa, FL and zip code 33604 in the Hampton Terrace neighborhood. This 3,907 square foot home, which was built in 1935, sits on a 0.26 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 16, 2025 and is currently priced at $939,000.
Over 105 listings were sold over their listed price in December 2024 in Tampa, FL. In the same period over 397 listings were sold below the listed price and 148 listings were sold for the listed price. Between November and December 2024, Tampa, FL real estate market has seen decrease in the number of listings by 1.8%. The median list price of listings available in December 2024 was $426,255, while the average time on the real estate market was 54 days.