3901 W PLATT ST W #12, TAMPA, FL, 33609
$1,275,000
Commercial Sale
Living Area
3,012 Sqft
Lot Size
8,890 Sqft
Discover an architectural gem that blends timeless elegance with the refined character of South Tampa, offering spacious living and modern updates with outstanding income potential. This impressive 6-bedroom, 3 full and 4 half-bath residence is being thoughtfully renovated and offers remarkable flexibility for investors. Inside, an open-concept floor plan creates an inviting atmosphere filled with natural light. You will find a double-door side entrance with a mudroom for bringing groceries to the gourmet kitchen. The impressive gourmet kitchen features quartz countertops, stainless steel appliances, double ovens, an oversized center island, a commercial-style vent hood, abundant workspace, and a separate prep area that can accommodate extra storage or food preparation. The kitchen makes it ideal for everything from everyday meals to large gatherings. The kitchen flows effortlessly into the expansive dining area and spacious great room, providing the perfect setting for entertaining family and friends. Originally restored in 2019, the home continues to be meticulously maintained. It features numerous significant improvements, including updated electrical wiring, upgraded plumbing, fresh interior and exterior paint, new stucco, an irrigation system, and a tankless water heater. A newly constructed concrete front and back patio enhances curb appeal, while the spacious backyard provides plenty of room for outdoor entertainment, gardening, or future enhancements. This property is currently under alteration and now includes 2 extra bedrooms: one with a half bath and the other with a full bath that includes a toilet, sink, and a walk- in accessible shower. Designed with versatility in mind, the home offers multiple living spaces that can easily act as a 6-bedroom assisted living facility or rehabilitation housing. This use of the property today requires special use approval (S-1). With special use approval (S-1) and a best-use scenario, the property can be expanded to accommodate up to 12 beds. Based on comparable assisted living facilities in the surrounding area, the property can generate excellent tenant space income and long-term equity gain with experienced management. It also presents exciting possibilities: Student housing or short-term rental accommodation. Prime location in the South Tampa Area! Perfectly positioned by Hyde Park Village, Bayshore Boulevard, Downtown Tampa, the Westshore Business District, Mid-Town Tampa, Marina Pointe, and Tampa International Airport. This exceptional property places premier dining, shopping, entertainment, waterfront attractions, and major transportation routes all within easy reach. Whether an expansive personal residence, a multi-purpose property, or a high-potential investment, this unique South Tampa opportunity offers flexibility, location, and endless possibilities.
Property Details
Property Features Property Features
MLS ID: MFRTB8534427 Year Built: 1953
Appliances: Dishwasher, Microwave, Refrigerator Building Features: Bathrooms, Common Lighting, Elevator – None, Fencing, Outside Storage, Trash Removal
Community Features: Shared Restrooms, WiFi/Common Internet Service Construction Materials: Block, Other, Stucco, Frame, Wood Siding
Cooling: Central Air Country: US
County Or Parish: Hillsborough Direction Faces: South
Flooring: Luxury Vinyl Foundation Details: Crawlspace
Heating: Central, Natural Gas Income Includes: Laundry, Recreation, Storage
Levels: One Listing Agreement: Exclusive Agency
Listing Terms: Cash, Commercial Financing Lot Features: Corner Lot, City Limits, Near Public Transit, Neighbourhood, Sidewalk, Paved
Occupant Type: Owner Other Structures: Outbuilding, Storage
Possession: Negotiable Property Condition: Under Renovation
Property Sub Type: Mixed Use Property Type: Commercial Sale
Road Frontage Type: City Street Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt, Concrete, Paved Roof: Shingle
Sewer: Public Sewer Showing Requirements: ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Phone Available, Public, Water Connected
Vegetation: Trees/Landscaped Water Source: Public
We love to hear from you