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Bayshore Palms at SoHo 1405 S Lorenzo Ave 40 Unit Apartment Building For Sale Tampa, FL 33629
INVESTMENT HIGHLIGHTS
- Rare South Tampa Offering: 40-unit boutique apartment community in one of Tampa’s most sought-after submarkets
- Durable Construction: Two-story concrete block buildings featuring 65% two-bedroom layouts
- Iconic Setting: Steps from Bayshore Boulevard, a 4.5-mile scenic waterfront trail renowned for its views of Tampa Bay
- Irreplaceable Location: Exceptionally high barriers to entry with no new multifamily units planned or proposed within one mile (CoStar, Axiometrics)
- Affluent Bayshore Gardens Submarket: 1-mile avg household income over $210,000 (Esri) & avg single-family home price of $1.69 million (Zip 33606, 2025
- Premier Lifestyle Access: Minutes from Hyde Park Village, SoHo District, and South Tampa’s most popular dining, retail, and entertainment destinations
EXECUTIVE SUMMARY
Bayshore Palms at SoHo presents a rare opportunity to acquire a 40-unit boutique apartment community in the heart of South Tampa, one of the city’s most coveted and supply-constrained submarkets. Ideally located steps from iconic Bayshore Boulevard and minutes from Hyde Park Village and the SoHo entertainment district, the property offers residents an unmatched lifestyle surrounded by Tampa’s premier dining, retail, and waterfront amenities.
Constructed with durable concrete block and majority two-bedroom layouts, Bayshore Palms combines stable in-place income with clear value-add potential through continued interior and exterior enhancements. Many units have already been updated with luxury vinyl plank flooring, granite or quartz countertops, stainless steel appliances, and modern finishes, while opportunities remain to further elevate the property with in-unit washer/dryers, smart home features, and refreshed exterior aesthetics. Zoned for top-rated schools and surrounded by strong demographics, the property is well-positioned to capture long-term appreciation and rental growth in one of Tampa’s most desirable neighborhoods.
Constructed with durable concrete block and majority two-bedroom layouts, Bayshore Palms combines stable in-place income with clear value-add potential through continued interior and exterior enhancements. Many units have already been updated with luxury vinyl plank flooring, granite or quartz countertops, stainless steel appliances, and modern finishes, while opportunities remain to further elevate the property with in-unit washer/dryers, smart home features, and refreshed exterior aesthetics. Zoned for top-rated schools and surrounded by strong demographics, the property is well-positioned to capture long-term appreciation and rental growth in one of Tampa’s most desirable neighborhoods.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 1.11 AC |
| No. Units | 40 | Building Size | 32,094 SF |
| Property Type | Multifamily | Average Occupancy | 87% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | ||
| Zoning | RM-24 | ||
| Sale Type | Investment |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.11 AC |
| Building Size | 32,094 SF |
| Average Occupancy | 87% |
| No. Stories | 2 |
| Year Built | 1960 |
| Zoning | RM-24 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Patio
- Vinyl Flooring
SITE AMENITIES
- Courtyard
- Fitness Center
- Laundry Facilities
- Picnic Area
- Pool
- Gated
- Grill
- Laundry Service
- Recycling
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 14 | - | 450 - 600 |
| 2+1 | 26 | - | 729 |
PROPERTY TAXES
| Parcel Number | A-27-29-18-3PQ-000003-00002.0 | Improvements Assessment | $8,079,936 CAD |
| Land Assessment | $4,146,900 CAD | Total Assessment | $12,226,836 CAD |
PROPERTY TAXES
Parcel Number
A-27-29-18-3PQ-000003-00002.0
Land Assessment
$4,146,900 CAD
Improvements Assessment
$8,079,936 CAD
Total Assessment
$12,226,836 CAD
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Bayshore Palms at SoHo | 1405 S Lorenzo Ave
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