Share This Listing

Message

955 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

11708 Balm Riverview Rd 10 Unit Apartment Building $2,425,000 ($242,500/Unit) Riverview, FL 33569

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • Updated duplex asset with strong rental appeal
  • Owned water system with simplified salt-based maintenance
  • Mix of occupied and ready-to-lease units for flexible investment strategy
  • Recently replaced septic system offering long-term reliability
  • Central Riverview location with quick access to major highways

Executive Summary

Rare opportunity to acquire a well-maintained and thoughtfully updated duplex property in one of Riverview’s most steadily growing residential corridors. Set within a quiet, clean environment, the property offers both immediate rental income and the flexibility to place new tenants quickly, depending on investor strategy. Several major capital improvements have already been completed, offering long-term operational stability and reducing near-term maintenance exposure.
The site features an owned water system that is simple to manage through salt treatment, ensuring controlled utility oversight and predictable operating costs. A full septic system replacement was completed in 2022, adding significant value and peace of mind for future ownership. Durable TPO roofing and efficient mini-split heating and cooling systems provide additional resilience and energy efficiency for each unit.
Positioned between Symmes Rd and Rhodine Rd, the property offers tenants fast and convenient access to Hwy 301, I-75, and Hwy 41, creating strong commuter appeal and supporting consistent rental demand. This central Riverview location connects residents to major employment centers, schools, shopping, and daily amenities, enhancing long-term occupancy potential. Whether you are expanding your rental portfolio, seeking a stable cash-flowing asset, or pursuing a value-add strategy with select unit turnover, this property delivers compelling investment flexibility in a highly desirable suburban market.

Property Facts

Price $2,425,000
Price Per Unit $242,500
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Building Size 43,146 SF
No. Stories 1
Year Built 1974

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
5+5 10 - 4,300 - 4,313

Property Taxes

Property Taxes

Parcel Number
U-34-30-20-2TY-000003-00001.1
Land Assessment
$88,102
Improvements Assessment
$240,798
Total Assessment
$328,900
  • Listing ID: 39067136

  • Date on Market: 1/13/2026

  • Last Updated:

  • Address: 11708 Balm Riverview Rd, Riverview, FL 33569

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}