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Property

TAMPA, FL 33612 9502 BANYAN AVENUE

Presented By: KELLER WILLIAMS SOUTH TAMPA with 813-875-3700. - 813-875-3700
  • MLS# TB8428982
  • 09/19/2025
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  • Beds • 35
  • Baths • 16
  • SQFT • 11,804

Home Details

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.
Presented By: KELLER WILLIAMS SOUTH TAMPA with 813-875-3700. - 813-875-3700

Interior Features for 9502 BANYAN AVENUE

Bedrooms

Total Bedrooms35

Bathrooms

Total Baths16

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesother
Laundry Featuresother

General for 9502 BANYAN AVENUE

Additional Parcels Description8
Additional Parcels Y/NYes
Building Area Unitssquare feet
Carport Spaces3
Carport Y/NYes
Citytampa
Construction Materialsother
Coolingcentral air, wall/window unit(s)
Countyhillsborough
Directionsdo not disturb tenants under any circumstances. all showings require advance notice and must be scheduled directly through the listing agent, correy smith, at 850.496.7111. this property is being sold
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income190380
HOANo
Heatingcentral, electric, other
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionfairview terrace resub lots 13 and 14 block 5
Listing Termscash, conventional, other, special funding
Living Area Unitssquare feet
Lot Size Square Feet7500
Lot Size Unitssquare feet
MLS Area33612 - tampa / forest hills
Minimum Leaseno minimum
ModificationTimestamp2025-09-19t19:29:30.103z
New ConstructionNo
Number Of Units Total12
Occupancy Typetenant
Ok to Lease12 months
Ownershipfee simple
Property Conditioncompleted
Property Subtypemulti family
Property Typeresidential income
Roofother
Security Featuressmoke detector(s)
Senior Community Y/NNo
Sewerpublic sewer, other
Standard Statusactive
Statusactive
Subdivision Namefairview terrace resub
Tax Annual Amount4670
Tax Lot13
Tax Year2024
Total Actual Rent15865
Utilitieselectricity connected, public, sewer connected, water connected
Water Access Y/NNo
Water View Y/NNo
Year Built1988
Zoningrs-50

Exterior for 9502 BANYAN AVENUE

Building Area Total11804
Covered Spaces3
Exterior Amenitiesother
Foundation Detailsother
Lot Size Acres0.17
Lot Size Area7500
Number of Buildings9
Number of Lots9
Private PoolNo
Road Responsibilitypublic maintained road
Road Surface Typeasphalt, paved
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Steven Silcock

Broker Owner
Price $3,246,000
MLS#TB8428982
List Date 09/19/2025
Property Type Income
Phone 407.574.0218
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