9502 Banyan Avenue, TAMPA, FL

$3,246,000

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35

Beds

16

Baths

11,804

Square feet

0.17

Acres

About 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.

Features of 9502 Banyan Avenue

MLS® # TB8428982
Price $3,246,000
Bedrooms 35
Bathrooms 16.00
Square Footage 11,804
Acres 0.17
Year Built 1988
Type Residential Income
Sub-Type Multi Family
Status Active
Taxes $4,670
CDD N

Community Information

Address 9502 Banyan Avenue
Area Tampa / Forest Hills
Subdivision FAIRVIEW TERRACE RESUB
City TAMPA
County Hillsborough
State FL
Zip Code 33612-8172

Amenities

Is Waterfront No
Has Pool No

Interior

Interior Features Other
Heating Central, Electric, Other
Cooling Central Air, Wall/Window Unit(s)
Fireplace No

Exterior

Exterior Features Other
Roof Other
Foundation Other

Pet Information

Restrictions Buyer to verify pet restrictions

Rental Restrictions

Minimum Lease No Minimum

Additional Information

Date Listed September 19th, 2025
Days on Market 14
Zoning RS-50
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKELLER WILLIAMS SOUTH TAMPA

Listing Map

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