Palm Villa Hostel 3 Properties Offered at $3,300,000 in Tampa, FL

This rare three-building portfolio presents a compelling opportunity to acquire a stabilized, income-producing hospitality asset in one of Tampa’s most dynamic urban corridors. Located at 801 E Palm Avenue, 803 E Palm Avenue, and 1905 N Taliaferro Avenue, the properties operate as an active weekly hotel/motel achieving consistent occupancy and generating approximately $40,000 in monthly income. With seller financing available, the offering presents an accessible entry point for investors seeking strong in-place revenue with the potential for future redevelopment.
Situated on a combined 16,830 square feet, the portfolio consists of three frame residential structures offering 2,050 square feet, 1,730 square feet, and 2,900 square feet respectively. The RM-24 zoning unlocks meaningful multifamily redevelopment options, allowing investors to capitalize on the tremendous demand for urban residential product in Tampa’s rapidly expanding core. Existing on-site and street parking provide operational convenience and flexibility for both current hospitality use and future repositioning strategies.