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903 ALBEE RD W #1-4

5 bed | 5 bath | 3,441ft²

$1,800,000

List Price

Home Information and Amenities

5 Bedrooms

5 Bathrooms

LOCATION ALERT!! This is a rare opportunity to own an income property within a 5 minute walk to the Gorgeous Nokomis Beach. You will fall in love with this well maintained beach area 4-Plex that has positive cash flow. THE ENTIRE PROPERTY IS FOR SALE. This area is a boater's paradise with a marina and a boat ramp right down the street. You can live in the fully updated larger 2.5 bed/2 bath unit while you rent out the other 3 units for income, or just rent them all and maximize your profits. The AC is only 2 years old. The roof is only 5 years old with a solar system that brings the electric bill down to around $30 per month. There are 4 carports underneath that will comfortably park 4 cars in each. The Flood insurance is only about $600 per year because all the units are on the 2nd story. The floors have been insulated with icynene foam for high efficiency. There is a new Whole House Reverse Osmosis system. The house is hooked up to County Sewer with the option to connect to County Water if you want to. There is a large wooden deck to relax on that wraps around Unit #4 and a small deck outside each of units 1, 2, and 3. There is room for a pool in back and also the potential to close in part of the downstairs and build a 5th unit. This is a unique property for the right person. The property is occupied by tenants and is rented on AirBnB. Make an appointment to see this rare gem today!

  • Property type

Condominium

  • # of Bedrooms

5

  • # of Bathrooms

5

  • Heating

Electric,Heat Pump,Solar

  • Year Built

1992

  • Size

3,441ft²

  • Lot Size

25,822ft²

  • Cooling

Central Air

A Ramos Signature Kitchen

WHAT our clients SAY

“We hired Ramos to construct our home on Davis Islands. In all areas of the process, we found the firm to be professional and helpful.  We have now been in our home for 6 years and find the quality of the finishes and construction to be as solid as the day we took occupancy.”

Contact

Fill out our contact form or give us a call, and schedule a no obligation consultation with a member of our team.

5706 S. MacDill Avenue

Tampa, FL 33611

Tel: (813) 259-1111

Fax: (813) 258-9090

info@ramoscompanies.com

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