Distressed Retail Property in Tampa Bay

 

DISTRESSED RETAIL PROPERTY IN TAMPA

Banks often refer to their foreclosed bank owned properties as REO (Real Estate Owned Properties)
This page is intended to give you an overview of Bank Owned Retail Properties (REO Retail Properties) in the Tampa and Tampa Bay market

Typically Bank owned REO and Short Sale properties are offered at lower than market prices, but they are not always the only bargain properties available. Short Sale Retail properties may be available where lenders allow a property to be sold for less thatn the maorgage balance. Additionally there may be properties owned by individuals who are under pressure to sell their property and such properties may also offered at below market prices . These properties may be categorized as regular market properties and therefore do not appear on the Tampa Bank Owned Tampa Retail Property List, Tampa Retail Property REO List or Tampa Short Sale Office Retail List below.

If you are looking to purchase any Retail property in the Tampa area, whether it be a Bank Owned Retail property, Distressed Retail property or a regular Retail property, please contact us. We will be glad to help

Below is a list of Bank Owned properties currenlty avaialble on the market

 

Bank Owned Jul-11
Location Use sf Price Price/sf
Tampa Car Wash 3112.0 750,000 $241
St Petersburg Retail 1438.0 110,500 $77
Largo Retail 3150.0 289,000 $92
Dade City Strip Center 6000.0 409,000 $68
Port Richey Retail 8902.0 359,000 $40
Holiday Retail 1175.0 129,000 $110
Palm Harbor Restaurant 9639.0 1,300,000 $135
Tampa Retail 5337.0 399,000 $75
PinellasPark Retail 9161.0 500,000 $55
Tampa Retail 6205.0 365,000 $59
Largo Auto 1820.0 150,000 $82
Clearwater Retail 768.0 60,000 $78
Tampa Retail 1299.0 165,000 $127
New Port Richey Retail 3742.0 275,000 $73
Weighted Av. 61748.0 5,260,500 $85

The above is an overview. Property availability changes on a daily basis.

 

 

 


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