$1,166,666
Active801 E Palm Ave #2, Tampa, FL 33602
2,050 sq ft
Listing courtesy of AMERICAN HOMES REALTY GROUP · MLS# TB8566378
Listed today
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this property
Possible Owner Financing 9.5 CAP Rate This is one of three buildings that make up "PALM VILLA HOSTEL'S" Earns $50,000/ mo This one located on 803 E Palm Ave Tampa, FL * LODGING & HOSPITALITY AVIALABLE FOR INVESTMENT* Property goes with *801 E Palm Ave & 1905 N Taliaferro Ave Tampa, FL as a group (together asking is $3,500,000.00) TURN KEY property and business already bringing in money daily as it OPERATES as a Full Occupancy Hotel-Motel Excellent for Bed and Breakfast opportunity for increased revenue(SEE APPOX MONTHLY FINCIALS in Listing) This is a Rare Investment Opportunity in the Tampa Heights Area of East Tampa. This Asset consists of 3 Historic Buildings offering 20 units that are leased individually with Daily and Weekly Rates; makes about $15,000/mo...This property is ONLY minutes from Downtown Tampa, Channelside and Ybor DUE TO THIS BEING A BUSINESS CURRENTLY IN PROGRESS AND WITH MONTH TO MONTH GUESTS, NO REALTOR SIGNAGE ON PROPERTY
Facts
- Property type
- Hotel/Motel
- Year built
- 1902
- Flood zone
- X
- Annual taxes
- $4,258/yr
- Listed
- Nov 8, 2026
- MLS #
- TB8566378
Commercial details
Building & site
- Building size
- 2,050 SF
- Lot size
- 0.13 acres (5,610 SF)
- Zoning
- RM-24
- Road frontage
- City Street, Highway
- Buildings
- 3
- Occupancy
- Tenant-occupied
- Building features
- Bathrooms, Common Lighting, Fencing, Furnished, On Site Shower, Trash Removal
Investor metrics
- Price per SF (MLS)
- $569.11/SF
- Cap rate
- 9.5%
- Net operating income
- $40,000/yr
- Gross income
- $500,000/yr
- Annual expenses
- $167,400/yr
- Units
- 3
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.
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801 E Palm Ave #2, Tampa, FL 33602
Listing courtesy of AMERICAN HOMES REALTY GROUP · MLS# TB8566378 · Active
Where this property is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
