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Tampa > Hillsborough County > Florida > United States Apartment - Flat Available

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Apartment/Flat Description

Prices

1 bed Condos from £33,473

2 bed Condos from £62,500



Summary

  • Exceptional Location near business districts of Tampa and St. Petersburg

  • Units from $53,500 to $139,000

  • 6% to 8% NET yield

  • Highest rent per square foot of any comparable project

  • Up to 70% discount on peak selling prices

  • Tampa ranked the 5th most desirable city for outdoor activities by Forbes

  • BA has increased the frequency of its service from London to Tampa

  • Most units available with long leases already in place



Description

Mandalay on 4th is an outstanding residential community that our Florida partners have been tracking for a year since they first uncovered this investment opportunity.



What makes Mandalay on 4th particularly noteworthy is its location, choice of properties, demand from the rental market and excellent value.



Set amongst a 12 acre wildlife preserve just minutes from central Tampa and the Gulf Coast beaches, Mandalay offers beautiful views from the majority of the properties, which are set around a large lake immediately adjacent to Tampa bay.



There is a very wide selection of units from $53,500 to $139,000.



As an investment property, the desirability of the units from a rental perspective is paramount.




Location

Mandalay lies on the western side of Tampa Bay, just one minute’s drive from the Howard Franklin Bridge / I-275 which is the main link road between Tampa and St. Petersburg.



It is a 5 minute drive from St. Petersburg / Clearwater airport that offers a range of US domestic flights.



Many restaurants, banks and local services are all easily accessible within a 5 minute drive.
It is a 10 minute drive from the major Westshore Business district and the International Airport.
It is a 15 minute drive from downtown Tampa and St. Petersburg.



The world famous Gulf Coast beaches are just 20 minutes away. (Honeymoon State Park has been ranked #1 in the USA, as has Fort De Soto – both stunning beach areas).


[Ref: PP-16318]


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Approximate price of this 1-Bed Apartment/Flat
€41,826 EUR | 
£33,473 GBP | 
US$52,474 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1187655 
Town Tampa 
Region Hillsborough County 
Province Florida 
Country United States  
Type Apartment/Flat
Bedrooms
Category Re-Sale  
Listed over 6 months ago
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Map of Tampa, Florida, United States


Real Estate Agent Listing this Property

Agent Property Passport
Listing Since 02 June 2011
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Price: £33,473
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Purchase this Apartment/Flat in Tampa for

US$88p/m

(60% LTV, 5% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Tampa, USA

Property Type Min Price Max Price Median Price
(All prices in EUR) Tampa USA Tampa USA Tampa USA
Apartment/Flat 33,473 15,500 325,000 1,305,000 189,000 264,000
House/Villa 225,000 240 694,990 65,000,000 292,990 242,990
Townhouse 171,400 23 289,900 6,400,000 178,000 209,900
Land/Ruins 15,000 15,000 15,000 5,200,000 - 85,000
Studio 123,700 123,700 123,700 123,700 - -

* Calculations based on 29 properties for sale in Tampa and 5850 properties for sale in USA




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