33655, FL homes for sale & real estate

33655, FL Homes for Sale

Experience laid-back luxury and unbeatable convenience in this 3/2 condo located in Island Walk, a guard-gated community on exclusive Harbour Island. This vibrant, walkable neighborhood offers the best of city living with a peaceful, resort-style vibe. Residents enjoy lush landscaping, a resort-style pool, tennis courts, a fitness center, playground, and clubhouse—all just steps from the front door of this unit. The exterior of the condo has recently undergone stucco renovations and features fresh new paint and brand-new windows, offering a refreshed, modern look and enhanced energy efficiency. Inside, this end-unit condo features an open floor plan with wood floors, granite counterto

33655, FL Homes for Sale

New Price Update - The Island Place Residences — a beautifully updated 1-bedroom, 1-bathroom, 1-car garage, townhome-style condo — is in the exclusive and prestigious Harbour Island community. This 24/7 guard-gated neighborhood is within walking distance of Amalie Arena, Sparkman Wharf, Water Street, Tampa Riverwalk, Publix, Channelside, and Downtown Tampa. It’s also just minutes from Ybor City and Armature Works, offering easy access to high-end restaurants and vibrant nightlife. This thoughtfully renovated end-unit townhome spans three stories and features 900 square feet of interior space filled with natural light. Highlights include soaring ceilings, an elegant kitchen

33655, FL Homes for Sale

New Price Update - Explore Island Walk Residences in the exclusive Harbour Island. This beautifully renovated two-bedroom, two-bath townhome-style condo offers 1,183 square feet of modern living space, a private one-car garage, and resort-style amenities. This home offers comfort, luxury, and convenience in a 24/7 guard-gated community on scenic Harbour Island. Situated within walking distance of the Benchmark International Arena (previously Amalie Arena), Sparkman Wharf, Water Street, the Tampa Riverwalk, Channelside, Publix, and Downtown Tampa, it provides easy access to Armature Works and Ybor City—home to various acclaimed restaurants and vibrant nightlife. The residence features

33655, FL Homes for Sale

Financial Summary • Purchase Price: $1,500,000 • Net Operating Income (NOI): $132,671.65 • Annual Debt Service: $45,508.90 • Cash Flow (Before-Tax): $87,162.75 Investment Metrics Cap Rate 8.85 This is still strong, especially for multifamily in many markets. Typically, anything above 7–8 is attractive. Cash-on-Cash Return - Assuming 20 down payment = $300,000:Cash-on-Cash Return=29.05 This is excellent — high CoC returns like this are uncommon in many real estate markets. Debt Coverage Ratio (DCR)=2.92 Conclusion At a $1.5M price point, this is a robust investment: • 8.85 Cap Rate — solid and above average • 29 Cash-on-Cash Re