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

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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.

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
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

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
  • Listing ID: 39067136

  • Date on Market: 2026-01-13

  • Last Updated:

  • Address: 11708 Balm Riverview Rd, Riverview, FL 33569

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