10011 WATER WORKS LANE RIVERVIEW FL 33578 MLS #T3507905 | Gary Kusher | Florida Real Estate

10011 WATER WORKS LANE
RIVERVIEW, FL, 33578
$5,450,000
Beds
0 Baths
18,000 SqFt
2.7 Acres
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Seize the chance to own a top-tier investment property offering a robust 7% CAP rate. The Boardwalk at Riverview boasts four standalone buildings, each thoughtfully designed with four units, providing a total rentable area of 18,000 sq. ft. Spanning 2.7 acres, this exceptional property includes 106 parking spaces and a total footprint of 20,182 sq. ft., which accounts for walkways and overhangs. *** Don’t miss this rare opportunity to invest in a premier property with a strong return potential! *** This property showcases exceptional pride of ownership and has been meticulously maintained in pristine condition. The property greets visitors with a beautifully tree-lined driveway that winds past two serene retention ponds, creating a tranquil and inviting environment. A shared picnic area adds to the community charm, making this property an exceptional opportunity for investors and tenants alike. Stone accents on building exteriors. Capital improvements: 16 new hot water heaters in 2024; Exterior and interior paint; All new HVAC units within last 2 years; 5 year old roofs; Driveway resurfaced and striped within last two years. Each unit is equipped with a separate electric meter and HVAC system, as well as a handicap-accessible bathroom and a pleasant breakroom. 100% leased with waiting list. Located just off Gibsonton Drive, this property sits within a thriving business district, offering unparalleled convenience, accessibility, and visibility. Its proximity to major highways, including I-75 and 301 Highway, ensures excellent connectivity, while being just minutes from the new AdventHealth Hospital in Riverview.
This opportunity is perfect for investors seeking long-term success in a highly desirable location.

Property Details

Price:
$5,450,000
MLS #:
T3507905
Status:
Active
Beds:
0
Baths:
0
Address:
10011 WATER WORKS LANE
Type:
Commercial
Subtype:
Office
Subdivision:
UNPLATTED
Neighborhood:
33578 – Riverview
City:
RIVERVIEW
Listed Date:
Mar 5, 2024
State:
FL
Finished Sq Ft:
18,000
Total Sq Ft:
18,000
ZIP:
33578
Lot Size:
117,612 sqft / 2.70 acres (approx)
Year Built:
2006
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I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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Tax Year
2023
Taxes
$43,655

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10011 WATER WORKS LANE
RIVERVIEW, FL