701 E Fletcher Ave

$12,900,000, 104,583 Sqft 3.44 Acres

About This Property

Deal of the year! Current owner converted Days Inn into Palms Inn, a short term stay hotel giving you an investment with a very stable income and cap of 17%!! We are at 100% occupancy!! Tenants pay $195/week and/or $750/month for single tenants, $250/week and $950/month for double tenants. Unbeatable location!! Directly off of I 275, 2 miles away from USF, Moffit and the VA and just a short drive to Orlando or the area beaches. Not to mention the Tampa area theme parks and attractions. This hotel brings in $2,000,000 per year as income after all costs. Don't miss out!!

Essential Information

MLS® #U7846779
Square Footage104,583
Year Built1974

Community Information

Address701 E Fletcher Ave
AreaTampa / Forest Hills
CountyHillsborough County
Zip Code33612


Lot DescriptionTwo + to Five Acres

Additional Information

Days on Market111

Listing Details

OfficeBuxton Properties Inc

Get directions to this property:

701 E Fletcher Ave, Tampa (MLS® #U7846779) Property History

Price Reduced from $13,500,000 to $12,900,000
Price Reduced from $14,900,000 to $13,500,000
Price Increased from $12,900,000 to $14,900,000

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Listing data comes from My Florida Regional MLS.

Listing information last updated on May 25th, 2018 at 10:00pm EDT.

Have a Question?

Contact Us

Follow Us