
- Jim Tacy Sr, REALTOR ®
- Tropic Shores Realty
- Hernando, Hillsborough, Pasco, Pinellas County Homes for Sale
- 352.556.4875
- 352.556.4875
- jtacy2003@gmail.com
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- 10011 Water Works Lane, RIVERVIEW, FL 33578
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Reduced
- MLS#: T3507905 ( Commercial Sale )
- Street Address: 10011 Water Works Lane
- Viewed: 208
- Price: $5,450,000
- Price sqft: $303
- Waterfront: No
- Year Built: 2006
- Bldg sqft: 18000
- Days On Market: 391
- Acreage: 2.70 acres
- Additional Information
- Geolocation: 27.855 / -82.3383
- County: HILLSBOROUGH
- City: RIVERVIEW
- Zipcode: 33578
- Subdivision: Unplatted
- Provided by: AKA COMMERCIAL REALTY
- Contact: Kari Kurtz
- 813-690-2330
- DMCA Notice
-
DescriptionSeize the chance to own a top tier investment property offering a robust 7% CAP rate. The Boardwalk at Riverview boasts four standalone buildings, each thoughtfully designed with four units, providing a total rentable area of 18,000 sq. ft. Spanning 2.7 acres, this exceptional property includes 106 parking spaces and a total footprint of 20,182 sq. ft., which accounts for walkways and overhangs. *** Don't miss this rare opportunity to invest in a premier property with a strong return potential! *** This property showcases exceptional pride of ownership and has been meticulously maintained in pristine condition. The property greets visitors with a beautifully tree lined driveway that winds past two serene retention ponds, creating a tranquil and inviting environment. A shared picnic area adds to the community charm, making this property an exceptional opportunity for investors and tenants alike. Stone accents on building exteriors. Capital improvements: 16 new hot water heaters in 2024; Exterior and interior paint; All new HVAC units within last 2 years; 5 year old roofs; Driveway resurfaced and striped within last two years. Each unit is equipped with a separate electric meter and HVAC system, as well as a handicap accessible bathroom and a pleasant breakroom. 100% leased with waiting list. Located just off Gibsonton Drive, this property sits within a thriving business district, offering unparalleled convenience, accessibility, and visibility. Its proximity to major highways, including I 75 and 301 Highway, ensures excellent connectivity, while being just minutes from the new AdventHealth Hospital in Riverview. This opportunity is perfect for investors seeking long term success in a highly desirable location.
Property Location and Similar Properties
All
Similar
Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
Country
- US
Covered Spaces
- 0.00
Garage Spaces
- 0.00
Insurance Expense
- 0.00
Legal Description
- COMM AT NE COR OF GOVT LOT 5 THN S 00 DEG 45 MIN 00 SEC W 321.96 FT THN S 60 DEG 08 MIIN 00 SEC W 856.73 FT THN N 23 DEG 22 MIN 26 SEC W 424.02 FT THN S 60 DEG 08 MIN 00 SEC W 200 FT THN S 23 DEG 22 MIN 26 SEC E 45.69 FT TO SELY R/W OF GIBSONTON DR FOR A POB THN S 23 DEG 22 MIN 26 SEC E 452.97 FT THN S 49 DEG 29 MIN 38 SEC E 120 FT THN S 62 DEG 30 MIN 22 SEC W 195 FT THN S 56 DEG 43 MIN 45 SEC W 77.04 FT THN N 21 DEG 36 MIN 30 SEC W 563.93 FT TO SELY R/W OF GIBSONTON DR THN N 59 DEG 42 MIN 14 SEC E 201.65 FT TO POB
Living Area
- 18000.00
Area Major
- 33578 - Riverview
Net Operating Income
- 0.00
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- U-19-30-20-ZZZ-000003-00260.1
Property Type
- Commercial Sale
Road Frontage Type
- Business District
- Divided Highway
- Main Throrughfare
Tax Year
- 2023
Township
- 30
Views
- 208
Water Source
- None
Year Built
- 2006
Zoning Code
- PD

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Listings provided courtesy of The Hernando County Association of Realtors MLS.
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