Property Frontiers

Condos in Tampa, Florida

Stunning Apartments in South Tampa with

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Melrose Landing,
Tampa,
Florida

1 Bed Condos from £75,000

Cash Flow Positive with 50% LTV Financing
Only 35 Apartments in the building
Tenants already in place
5.5% NET Yields

Summary

Cash Flow Positive with 50% LTV Financing
Only 35 Apartments in the building
Tenants already in place
5.5% NET Yields
40% Below Peak Values
20% Below Current Market Values
Location, Location, Location
Situated in the most desirable neighbourhood of all of Tampa
Professional and experienced property management team in place
These properties have been exclusively sourced for our clients in the UK

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Description

The old adage Location, Location, Location has rarely truer. Melrose Landing occupies a historic building in one or if not the most desirable neighbourhoods in South Tampa. These properties are exclusive to us in the UK and are unavailable to the local market in Tampa, having been sourced for specifically for our clients.

This exclusive opportunity allows you to invest into the US market at prices substantially below their peak of 2006. With tenants already in place and a waiting list of those wishing to live here in place, you can look forward to peace of mind as your investment continues to deliver strong yields from the moment you purchase.

The exclusive mortgage package has already sourced for Property Frontiers and it is the first time we have been able to secure such financing for clients.
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Location

Located within 2 blocks and just a short walk is the water front, as well as the city’s best restaurants and bars. Also within a short walk can be found many boutiques, coffee shops and parks. The immediate area is home to large mansions and luxury condos which highlights how this location has always been and will always be in demand.

Within an easy commute is downtown Tampa which is home to Tampa General Hospital and the University of Tampa to name just two. Also, the principle business district (Westshore) is less than 5 miles away.
Entertainment in the form of major sporting venues (Ice Hockey & American Football), as well as one of Central Florida's premium shopping malls (International Plaza) are also within 5 miles.
The beautiful and award winning beaches of the Caladesi and Fort De Soto (voted best beach in America in 2008 & 2009 respectively) are also an easy drive away.
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Property

This collection of only 35 chic apartments are very unique in the American market. The building was constructed in 1925 and has been completely renovated to modern day standards whilst keeping a historic vernacular.

Ever popular with the local market all these apartments come with tenants already on board with long term leases. Top

Amenities