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
Listing Courtesy of: AMERICAN HOMES REALTY GROUP
800-913-8384
| Listing Id: | TB8566378 |
|---|---|
| List Price: | $1,166,666 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Hotel/Motel |
| Status: | Active |
| Living Area: | 2,050 |
| Tax Annual Amount: | $4,258 |
| Lot Size Square Feet: | 5,610 |
| Lot Size Acres: | 0.13 |
| Waterfront?: | No |
| City: | Tampa |
| County Or Parish: | Hillsborough |
| Subdivision Name: | Bonniehurst |
| Postal Code: | 33602 |
| Year Built: | 1902 |
| Number Of Units Total: | 3 |
| Additional Parcels?: | Yes |
| Accessibility Features: | Accessible Kitchen, Central Living Area |
| Appliances: | Dryer, Microwave, Refrigerator, Washer |
| Building Area Source: | Appraiser |
| Building Area Total: | 2050 |
| Building Area Units: | Square Feet |
| Foundation Details: | Slab |
| Construction Materials: | Frame, Wood Siding |
| Cooling: | Central Air |
| Gross Scheduled Income: | $40,000 |
| Directions: | From Exit 44 on Interstate 275 N, take Scott Street to Nebraska Avenue. Turn Left onto Nebraska Avenue. Head North to Palm Avenue. Turn Right. Destination will be 5 Blocks on the Right just after Interstate 275 Overpass. |
| Flooring: | Laminate, Tile |
| Gross Income: | $500,000 |
| Heating: | Central |
| Levels: | Two |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Features: | Neighbourhood, Street Lights |
| Lot Size Acres: | 0.13 |
| Lot Size Dimensions: | 51x110 |
| Postal Code Plus4: | 2539 |
| MLS Area Major: | 33602 - Tampa |
| MLS Area Major: | 33602 - Tampa |
| Net Operating Income: | $40,000 |
| Original List Price: | $1,166,666 |
| Parcel Number: | A-13-29-18-4XW-000005-00002.1 |
| Township: | 29 |
| Road Frontage Type: | City Street, Highway |
| Road Surface Type: | Paved |
| Roof: | Shingle |
| Listing Terms: | Cash, Owner Financing |
| Tax Year: | 2026 |
| Security Features: | Smoke Detector(s) |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Additional Parcels Description: | 2 |
| Utilities: | Public, Water Connected |
| Water Source: | Public |
| Number Of Lots: | 3 |
| Property Condition: | Completed |
| Public Survey Range: | 18 |
| Public Survey Section: | 13 |
| Zoning: | RM-24 |
| Possession: | Close Of Escrow |
| Window Features: | Blinds, Shades |
| Building Features: | Bathrooms, Common Lighting, Fencing, Furnished, On Site Shower, Trash Removal |
| Alternate Key Folio Num: | 1916460000 |
| Annual Expenses: | 167400 |
| Annual Income Type: | Projected |
| Building Area Total Srch Sq M: | 190.45 |
| Calculated List Price By Calcula: | 569.11 |
| Ceiling Type: | Drywall |
| Flood Zone Code: | X |
| Flood Zone Date: | 2021-10-07 |
| Flood Zone Panel: | 12057C0354J |
| Green Verification Count: | 0 |
| Living Area Meters: | 190.45 |
| Lot Size Square Meters: | 521 |
| Management: | On Site Property Manager |
| Num of Hotel Motel Rms: | 17 |
| Num of Restrooms: | 3 |
| Realtor Info: | No Sign |
| Sale Includes: | Furniture/Fixtures |
| Sdeo yn: | No |
| Total Acreage: | 0 to less than 1/4 |
| Total Num Buildings: | 3 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Road Responsibility: | Public Maintained Road |
| Attribution Contact: | 800-913-8384 |
| Originating System Name : | Stellar MLS |
| Dock Yn: | No |
| Green Energy Generation Yn: | No |
| Listing Contract Date: | 2026-11-08 |
| Income Includes: | Parking, Rent Only |
| Tenant Count: | 49 |
| Vacancy Rate: | 4.08 |
| New Construction?: | No |
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Property Last Updated: November 11, 2026 02:10 AM - ET
