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Mandalay on 4th St Petersburg,
Tampa,
Florida

1 Bed Condos from £33,473

2 Bed Condos from £62,500

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

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

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Description

Mandalay on 4th is an outstanding residential community that our Florida partners have been tracking for a 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.

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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).
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Property

Mandalay on 4th achieves a very high level of occupancy due to its location and on-site amenities, offering those who work in the Tampa bay area an excellent place to call home.

Surrounded by water, gardens and preserve areas, Mandalay offers a luxurious tropical backdrop.

There are numerous lake front sun decks, extensive landscaped gardens, and a full range of onsite leisure activities, including one of the area’s largest swimming pools.
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Amenities