FL > Tampa > Prestons Sub
Tampa, FL 33604,5609 N NEBRASKA AVE
The Mathieson Group
The Mathieson Group

Team Leader | License ID: 622126

+1(281) 694-4636

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$ 899,500

Est. payment /mo
Sold on 08/28/2025

5609 N NEBRASKA AVE Tampa, FL 33604

5 Beds

4 Baths

3,907 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,907 sqft

Price per Sqft $230

Subdivision Prestons Sub

MLS Listing ID TB8338524

Sold Date 08/28/25

Bedrooms 5

HOA Y/N No

Year Built 1935

Annual Tax Amount $9,841

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 82x137

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

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.

Location

State FL

County Hillsborough

Community Prestons Sub

Area 33604 - Tampa / Sulphur Springs

Zoning SH-CI

Interior

Interior Features Ceiling Fans(s)

Heating Electric

Cooling Wall/Window Unit(s)

Fireplace false

Laundry None

Exterior

Exterior Feature Balcony

Garage Spaces 1.0

Utilities Available Public

Roof Type Shingle

Attached Garage false

Garage true

Private Pool No

Building

Entry Level Two

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Stellar MLS
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Edward Moore, Jr. FUTURE HOME REALTY INC
Bought with Aned Pantoja KELLER WILLIAMS TAMPA PROP.
The Mathieson Group

The Mathieson Group

Team Leader | License ID: 622126

+1(281) 694-4636

GET MORE INFORMATION

Name
Phone*
Message

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5609 N NEBRASKA AVE

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