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Branch Avenue Flats 4002-4004 N Branch Ave 7 Unit Apartment Building $1,435,000 ($205,000/Unit) Tampa, FL 33603
Investment Highlights
- Renovated 7-Unit Multifamily Asset in the Highly Sought-After Seminole Heights Neighborhood
- 1985 Concrete Block Construction with Pitched Roofs and Central HVAC
- Prime Location Near Retailers Such As Starbucks (0.4 Mi), Publix Super Market (0.6 Mi), Walmart Supercenter (0.9 Mi), Save-A-Lot (1.1 Mi)
- 3 of 7 Units are Two-Story Townhome-Style Layouts
- Each Unit Features Vinyl Wood Flooring, Granite Countertops, Stainless Steel Appliances Including Dishwashers, Updated Cabinetry, and In-Unit W/D
- Nearby Major Employers Include St. Joseph’s Women’s Hospital (3.5 Mi), Tampa General Hospital (4.7 Mi), and University of South Florida (6.4 Mi)
Executive Summary
Branch Ave Flats is a newly renovated 7-unit multifamily property located in the heart of Seminole Heights, one of Tampa’s most dynamic and rapidly evolving neighborhoods. Featuring an attractive mix of spacious two-bedroom floor plans averaging 871 square feet, including three townhome-style layouts, the property offers residents modern living in a highly desirable urban setting surrounded by top retail, dining, and entertainment destinations.
Built in 1985 with durable concrete block construction, Branch Ave Flats has undergone more than $120,000 in recent capital improvements. Each unit showcases vinyl wood flooring, granite countertops, stainless steel appliances, updated cabinetry, and in-unit washer and dryers, while exterior upgrades include a new roof (2024), Bermuda shutters, enhanced landscaping, and repaved parking. With strong in-place operations and additional rental upside potential, the property is ideally positioned near major redevelopment projects such as the $800 million Robles Park Village transformation and The Heights Riverfront District, offering investors a turnkey asset with continued growth potential in one of Tampa’s most sought-after submarkets.
Built in 1985 with durable concrete block construction, Branch Ave Flats has undergone more than $120,000 in recent capital improvements. Each unit showcases vinyl wood flooring, granite countertops, stainless steel appliances, updated cabinetry, and in-unit washer and dryers, while exterior upgrades include a new roof (2024), Bermuda shutters, enhanced landscaping, and repaved parking. With strong in-place operations and additional rental upside potential, the property is ideally positioned near major redevelopment projects such as the $800 million Robles Park Village transformation and The Heights Riverfront District, offering investors a turnkey asset with continued growth potential in one of Tampa’s most sought-after submarkets.
Property Facts Under Contract
| Price | $1,435,000 | Apartment Style | Low-Rise |
| Price Per Unit | $205,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.02 AC |
| No. Units | 7 | Building Size | 6,560 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1985 |
| Zoning | SH-CG | ||
| Price | $1,435,000 |
| Price Per Unit | $205,000 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.02 AC |
| Building Size | 6,560 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Zoning | SH-CG |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- Courtyard
- Gated
- Pet Play Area
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 775 |
| 2+1.5 | 3 | - | 960 |
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Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (71)
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Branch Avenue Flats | 4002-4004 N Branch Ave
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