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11708 Balm Riverview Rd 10 Unit Apartment Building $3,042,754 CAD ($304,275 CAD/Unit) Riverview, FL 33569



Investment Highlights
- Updated duplex asset with strong rental appeal
- Owned water system with simplified salt-based maintenance
- Mix of occupied and ready-to-lease units for flexible investment strategy
- Recently replaced septic system offering long-term reliability
- Central Riverview location with quick access to major highways
Executive Summary
The Owners have adjusted to the rental income versus all of the upgrading done to the apartments done for a long hold investment. Rare opportunity to acquire a well-maintained and thoughtfully updated duplex property in one of Riverview’s most steadily growing residential corridors. Set within a quiet, clean environment, the property offers both immediate rental income and the flexibility to place new tenants quickly, depending on investor strategy. Several major capital improvements have already been completed, offering long-term operational stability and reducing near-term maintenance exposure.
The site features an owned water system that is simple to manage through salt treatment, ensuring controlled utility oversight and predictable operating costs. A full septic system replacement was completed in 2022, adding significant value and peace of mind for future ownership. Durable TPO roofing and efficient mini-split heating and cooling systems provide additional resilience and energy efficiency for each unit.
Positioned between Symmes Rd and Rhodine Rd, the property offers tenants fast and convenient access to Hwy 301, I-75, and Hwy 41, creating strong commuter appeal and supporting consistent rental demand. This central Riverview location connects residents to major employment centers, schools, shopping, and daily amenities, enhancing long-term occupancy potential. Whether you are expanding your rental portfolio, seeking a stable cash-flowing asset, or pursuing a value-add strategy with select unit turnover, this property delivers compelling investment flexibility in a highly desirable suburban market.
The site features an owned water system that is simple to manage through salt treatment, ensuring controlled utility oversight and predictable operating costs. A full septic system replacement was completed in 2022, adding significant value and peace of mind for future ownership. Durable TPO roofing and efficient mini-split heating and cooling systems provide additional resilience and energy efficiency for each unit.
Positioned between Symmes Rd and Rhodine Rd, the property offers tenants fast and convenient access to Hwy 301, I-75, and Hwy 41, creating strong commuter appeal and supporting consistent rental demand. This central Riverview location connects residents to major employment centers, schools, shopping, and daily amenities, enhancing long-term occupancy potential. Whether you are expanding your rental portfolio, seeking a stable cash-flowing asset, or pursuing a value-add strategy with select unit turnover, this property delivers compelling investment flexibility in a highly desirable suburban market.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $3,042,754 CAD | Apartment Style | Garden |
| Price Per Unit | $304,275 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 1.45 AC |
| No. Units | 10 | Building Size | 43,146 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1974/2022 |
| Zoning | A-S1 - 27 | DUPLEX/TRIPLEX/QUADPLX/ETC- Agricultural Residential | ||
| Price | $3,042,754 CAD |
| Price Per Unit | $304,275 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.45 AC |
| Building Size | 43,146 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1974/2022 |
| Zoning | A-S1 - 27 | DUPLEX/TRIPLEX/QUADPLX/ETC- Agricultural Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 10+5 | 10 | $2,017 CAD | 4,300 - 4,313 |
Property Taxes
| Parcel Number | U-34-30-20-2TY-000003-00001.1 | Improvements Assessment | $459,395 CAD |
| Land Assessment | $136 CAD | Total Assessment | $459,531 CAD |
Property Taxes
Parcel Number
U-34-30-20-2TY-000003-00001.1
Land Assessment
$136 CAD
Improvements Assessment
$459,395 CAD
Total Assessment
$459,531 CAD
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11708 Balm Riverview Rd
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