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9502 BANYAN AVENUE
TAMPA FL 33612 US

$3,246,000

Active Listing ID TB8428982
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35 bed
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Lot: 0.17 Acres

$3,246,000

Active Listing ID TB8428982
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9502 BANYAN AVENUE 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.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential Multi Family
  • Features
  • Cooling System: Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
  • Heating Fuels: Central, Electric (Heating)

Property

  • propertytype: Residential Multi Family
  • listprice: 3246000
  • unparsedaddress: 9502 BANYAN AVENUE
  • postalcity: TAMPA
  • stateorprovince: FL
  • country: US
  • postalcode: 33612
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.17
  • lotsizeunits: Acres
  • lotsizearea: 0.17
  • livingarea: 11804
  • livingareaunits: Square Feet
  • latitude: 28.035372
  • longitude: -82.445035
  • listagentfullname: Correy Smith
  • listagentemail: correy@kw.com
  • listagentkey: 3yd-MFRMLSFL-261552498
  • listagentmlsid: 261552498
  • listagentpreferredphone: 8504967111
  • listagentofficephone: 8138753700
  • listofficekey: 3yd-MFRMLSFL-773203
  • listagentstatelicense: 3347183
  • listofficemlsid: 773203
  • disclaimer: Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1988
  • listingcontractdate: 2025-09-19
  • listagenturl: http://361.yourkwoffice.com/home
  • countyorparish: Hillsborough
  • parcelnumber: A-19-28-19-45N-000005-00013.0
  • cooling: Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
  • heating: Central, Electric (Heating)
  • numberofunitstotal: 12
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Carport
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • securityfeatures: Smoke Detector(s)
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -82.44504, 28.035372
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams South Tampa", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"correy@kw.com", "ListBrokerageCity":"Tampa", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw361@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MFRMLSFL/c5ababf0235cf92601235d3227dc001d/20230330154258089.png", "ListBrokerageName":"Keller Williams South Tampa", "ListBrokeragePhone":"(813) 875-3700", "ListBrokeragePostalCode":"33609", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3502 Henderson Blvd", "ListBrokerageWebsiteUrl":"http://361.yourkwoffice.com/home", "ListOfficeAddress1":"5690 - B W Cypress St", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Tampa", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw361@kw.com", "ListOfficePostalCode":"33607", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi Family - TAMPA, FL", "ListingURL":"https://listings.listhub.net/pages/MFRMLSFL/TB8428982/?channel=rexren", "MLSModificationTimestamp":"2025-09-24T17:04:11Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multi Family", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4670, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/23/2025 7:11:25 PM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Correy Smith, KELLER WILLIAMS SOUTH TAMPA, correy@kw.com

Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.