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$3,246,000 - 9502 Banyan Avenue, TAMPA

35
Bedrooms
16
Baths
11,804
SQ. Feet
0.17
Acres

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.

Essential Information

  • MLS® #:
    TB8428982
  • Price:
    $3,246,000
  • Bedrooms:
    35
  • Bathrooms:
    16.00
  • Square Footage:
    11,804
  • Acres:
    0.17
  • Year Built:
    1988
  • Type:
    Residential Income
  • Sub-Type:
    Multi Family
  • Status:
    Active

Community Information

  • Address:
    9502 Banyan Avenue
  • Area:
    Tampa / Forest Hills
  • Subdivision:
    FAIRVIEW TERRACE RESUB
  • City:
    TAMPA
  • County:
    Hillsborough
  • State:
    FL
  • Zip Code:
    33612

Interior

  • Interior Features:
    Other
  • Heating:
    Central, Electric, Other
  • Cooling:
    Central Air, Wall/Window Unit(s)

Exterior

  • Exterior Features:
    Other
  • Roof:
    Other
  • Foundation:
    Other

Additional Information

  • Days on Market:
    94
  • Zoning:
    RS-50

Listing Details

  • Listing Office:
    Keller Williams South Tampa

Listing information courtesy of Keller Williams South Tampa.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on December 22nd, 2025 at 8:04pm EST.