$3,246,000
35 Bed
16 Bath
11,804 Sqft
0.17 Acre Lot

9502 Banyan Ave, Tampa, Florida 33612

  • Residential Income Property Type
  • 11,804 Sqft Square Footage
  • 1988 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
TB8428982
$3,246,000
35
16
11,804 Sqft
1988
0.17 Acre
Active
Multi Family
: Other
Features
: Central, Other, Electric
: Central Air, Wall/Window Unit(s)
: Other
: Other
: Other
: Public Sewer, Other
: Public, Electricity Connected, Sewer Connected, Water Connected
3
Address Map
US
FL
Hillsborough
Tampa
FAIRVIEW TERRACE RESUB
33612
BANYAN
9502
AVENUE
W83° 33' 17.9''
N28° 2' 7.3''
DO 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 as part of a 9-property portfolio; the owner (retiring) will consider offers on individual properties or the portfolio in its entirety. All information provided, including measurements, income, lease terms and occupancy status, is deemed reliable but is not guaranteed. It is the responsibility of the buyer and their agent to conduct their own due diligence and verify all information to their satisfaction prior to submitting an offer. MLS Listing # TB8426806, TB8427225, TB8426758, TB8427304, TB8427328, TB8427328, TB8426470, TB8426470, TB8427255, TB8427337, TB8428890, and COMMERCIAL LISTING: TB8427415.
33612 - Tampa / Forest Hills
RS-50
Additional Info
KELLER WILLIAMS SOUTH TAMPA
Correy Smith
$0
$0
Additional Information
: Other
: Other
12
2025-09-19
: Public
11804
Financial
4670
Listing Information
261552498
773203
Cash,Conventional,Other,Special Funding
Active
2025-09-20T17:14:22Z
Stellar
: None
2025-09-19T19:29:30Z
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Contact Agent
Contact Us
407-615-0866