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5931 N Rome Ave
Tampa, FL 33604
Rio Manor · Multifamily Property For Sale · 20 Units

Investment Highlights

  • Prime property on 2.6 acres of RM-35 zoned land for 93 units, and 0.6 Acres of RS-50 zoned for three residential units.
  • Option for a proposed 54-unit townhouse project for three-story, 2,000-square-foot units, at $800k to $1,000,000. See site plans.
  • Fully leased 20-unit complex generating $20,000 in monthly income, with significant redevelopment potential that welcomes discerning investors.
  • Potential owner financing offers a flexible purchasing option that can ease the acquisition process for qualified buyers.
  • 5931 N Rome Avenue presents an exceptional opportunity for a workforce housing residential development. See site plans.

Property Facts

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 2.60 AC
Building Size 9,508 SF
Average Occupancy 100%
No. Stories 1
Year Built 1963
Parking Ratio 2.63/1,000 SF
Zoning RM-35 - Residential Multifamily (Ideal for 93+ apartments, up to 5 stories, or 54 townhouse pads)

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Wi-Fi

Site Amenities

  • Clubhouse
  • Fitness Center
  • Playground
  • Tennis Court
  • Gated
  • Wi-Fi

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 20 - 475

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • A-35-28-18-ZZZ-000005-42270.0
  • A-35-28-18-ZZZ-000005-42271.0
Land Assessment
$358,361
Improvements Assessment
$1,888,635
Total Assessment
$2,246,996
  • Listing ID: 34424989

  • Date on Market: 1/9/2025

  • Last Updated:

  • Address: 5931 N Rome Ave, Tampa, FL 33604

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