Sarasota's Premier Homes

501 E CLUSTER AVENUE

TAMPA, FL 33604

MLS#: TB8509346

$448,000

Status: Active
Listing number: TB8509346
Listing provided by: DALTON WADE INC
Listing agent phone: None
Last update: 15 days ago
On site: 17 days ago
Browse Properties
SUSIEANNA SUB - Residential Income

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1922

Sq.Footage

1,322

Modern Bungalow with detached ADU + private entry! *10% CAP RATE POTENTIAL!* Main home is a 3/1 (963sf) and ADU is 1/1 (359sf). Main home roof 2023, ADU roof 2025. HVAC 2024. Luxury vinyl flooring throughout both units - no carpet. Main home features well-designed kitchen with modern finishes, high-end stainless-steel appliances that include a 5-door KitchenAid refrigerator, LG cooktop, and LG dishwasher. The island countertop, highlighted by acoustic wood accents, is complemented by elegant LED backlit wine rack. The upgraded spa-like bathroom, adjacent to the primary bedroom, offers a rainfall shower with a glass enclosure and stunning standalone tub. High quality window shades provide complete privacy and boost energy efficiency by keeping space cooler in summer months. Two additional guest bedrooms located towards the front of the home, great for those with home office needs or multiple tenants. Inviting bonus room foyer serves as a cozy reading nook, alternative office space, or mudroom. Outside, enjoy grilling on the back deck and benefit from an oversized driveway that accommodates 5-6 vehicles. In the neighborhood you will find top dining and nightlife spots like the Michelin-recognized Rooster and Till, Mekenita Cantina, Bo’s Ice Cream, Bamboozle, and The C House - all a short drive away. Enjoy craft cocktails at Mandarin Heights or kick off your day with a coffee from The Lab. Perfect location for anyone that loves to explore Tampa’s vibrant restaurant scene. Other nearby attractions include Lowry Park Zoo, Busch Gardens, and Rogers Park Golf Course. Excellent for commuters with highway access only a minute or two away. Income-producing, upgraded in every corner you look, what are you waiting for! Book your showing today.

Features & Amenities

Interior

  • Other Interior Features

    Built-in Features, Stone Counters

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Metal Siding, Other

  • Other Exterior Features

    Lighting, Private Entrance

  • Parking

    Assigned, Driveway, Oversized

  • Patio and Porch Features

    Rear Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.09

  • Lot Size(square feet)

    4108.0

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $448,000

  • Tax Amount

    $5,269.95

  • Sq. Footage

    1, 322

  • Price/SqFt

    $338

HOA

  • Association

    No

School District

  • Elementary School

    Seminole-HB

  • Middle School

    Memorial-HB

  • High School

    Chamberlain-HB

Property Features

  • New Construction

    NO

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    5

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Hillsborough

Elementary School

Seminole-HB

Middle School

Memorial-HB

High School

Chamberlain-HB

Listing Courtesy of Darren Kempf , DALTON WADE INC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Michael Graf

Business Coach | Executive Sales Associate | Realtor®

Michael Graf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Modern Bungalow with detached ADU + private entry! *10% CAP RATE POTENTIAL!* Main home is a 3/1 (963sf) and ADU is 1/1 (359sf). Main home roof 2023, ADU roof 2025. HVAC 2024. Luxury vinyl flooring throughout both units - no carpet. Main home features well-designed kitchen with modern finishes, high-end stainless-steel appliances that include a 5-door KitchenAid refrigerator, LG cooktop, and LG dishwasher. The island countertop, highlighted by acoustic wood accents, is complemented by elegant LED backlit wine rack. The upgraded spa-like bathroom, adjacent to the primary bedroom, offers a rainfall shower with a glass enclosure and stunning standalone tub. High quality window shades provide complete privacy and boost energy efficiency by keeping space cooler in summer months. Two additional guest bedrooms located towards the front of the home, great for those with home office needs or multiple tenants. Inviting bonus room foyer serves as a cozy reading nook, alternative office space, or mudroom. Outside, enjoy grilling on the back deck and benefit from an oversized driveway that accommodates 5-6 vehicles. In the neighborhood you will find top dining and nightlife spots like the Michelin-recognized Rooster and Till, Mekenita Cantina, Bo’s Ice Cream, Bamboozle, and The C House - all a short drive away. Enjoy craft cocktails at Mandarin Heights or kick off your day with a coffee from The Lab. Perfect location for anyone that loves to explore Tampa’s vibrant restaurant scene. Other nearby attractions include Lowry Park Zoo, Busch Gardens, and Rogers Park Golf Course. Excellent for commuters with highway access only a minute or two away. Income-producing, upgraded in every corner you look, what are you waiting for! Book your showing today.

501 E CLUSTER AVENUE

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by The Graf Group of Coldwell Banker via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

This income-producing property in the Temple Terrace area of Tampa offers a fantastic opportunity for both investors and owner-occupants looking to offset their mortgage with rental income. One unit has been beautifully remodeled with a brand-new kitchen featuring white shaker cabinets, updated countertops and stainless steel appliances. New flooring, new doors, new A/C and water heater, fresh paint, updated bathroom, and modern finishes throughout. The second unit is occupied and well maintained, providing immediate rental income. Built with durable concrete block construction, this two-story duplex offers a total of 1,624 heated square feet and features two 2-bedroom, 1-bath units. The spacious layout, neutral color palette, and abundant natural light create an inviting atmosphere that appeals to a wide range of tenants and buyers alike. Conveniently located near USF, Busch Gardens, downtown Tampa, major highways, shopping, dining, hospitals, and entertainment. Whether you are expanding your investment portfolio or searching for a property where you can live in one unit and rent the other, this duplex offers flexibility, strong rental demand, and long-term potential. Income figures are estimates based on current and/or projected market rents. Buyers are responsible for independently verifying all income, expenses, lease terms, and investments assumptions. No HOA. Located in Flood Zone X. Schedule your private showing today!
#TB8510017

TAMPA

9908 N MYRTLE STREET A & B

4 Beds

None Baths

1,624 Sq.Ft.

$375,000

MLS#: TB8510017

Modernized income-producing duplex opportunity in the heart of Tampa! This well-maintained property features two spacious units, each currently generating $1,750/month in rental income, with tenants in place. Offering immediate cash flow potential for investors or owner-occupants alike. Major capital improvements have already been completed, including a new roof in 2017, interior renovations in 2022, and updated plumbing in 2024, helping reduce future maintenance concerns. Both units offer comfortable layouts with updated finishes and strong rental appeal. With no HOA, strong income history, and a convenient location near major highways, shopping, dining, and employment centers, this property presents an excellent opportunity to expand your portfolio or offset your mortgage with rental income. Whether you’re looking for a turnkey investment or a multi-generational living setup, this duplex delivers flexibility, stability, and long-term upside.
#TB8507396

TAMPA

8703 NAVAJO AVENUE

4 Beds

None Baths

1,300 Sq.Ft.

$450,000

MLS#: TB8507396

Income-producing investment opportunity in Tampa! This unique property features two separate single-family homes on one lot, both currently tenant occupied, offering immediate rental income from day one. Ideal for investors looking to expand their portfolio or buyers seeking multi-unit income potential. Conveniently located near major highways, shopping, dining, schools, and downtown Tampa with easy access to I-4 and I-275. Great opportunity to own a cash-flowing property in a growing area. Do not disturb tenants. Showings by appointment only. If applicable, you can add details like: Separate electric/water meters Roof/HVAC updates Lot size or zoning (RS-50, multifamily potential, etc.)
#TB8507507

TAMPA

4811 N 30TH STREET

4 Beds

None Baths

1,704 Sq.Ft.

$399,999

MLS#: TB8507507

*Being sold along with neighboring corner-lot property, 114 S Bungalow Park Ave* Attention Developers, Investors, and Savvy Owner Occupants: Rare opportunity to acquire a multifamily-zoned parcel with an existing duplex in one of South Tampa’s most centrally located and fastest growing corridors, just minutes from Hyde Park, Midtown, and Downtown Tampa. The owner’s retirement presents a unique chance to secure a 6,150 sq ft (0.14 acre) RM-16 lot with significant value-add and redevelopment potential in a proven townhome corridor. So what makes this one so special? 1) Existing side-by-side duplex totaling 1,002 heated sq ft, with two 1 bed / 1 bath units. 2) The units require renovation and TLC. Latest improvements from recent years include plumbing completely redone in 2024 and a roof less than 5 years old. A/C is provided via wall units. 3) Large yard / lot footprint at 6,150 sq, enhancing future tenant appeal and providing additional flexibility for future design and redevelopment. 4) Development upside: RM-16 zoning supports multifamily redevelopment. Based on lot size and location, strong potential for future townhome development. 5) Corner lot positioning, enhancing access, design flexibility, and end-product desirability. 6) Prime South Tampa location, located within the highly sought-after Mitchell-Wilson-Plant school district and minutes from Hyde Park Village, Midtown, Downtown Tampa, and Howard Ave. Easy access to I-275, Tampa International Airport, and the University of Tampa. Additional opportunity: Seller is also offering the neighboring parcel at 114 S Bungalow Park Ave. Purchase both properties together for a combined 12,300 sq ft of land and 5 total units, maximizing development scale, layout flexibility, and long-term upside. Whether you're looking to renovate and reposition for long-term cash flow, or redevelop into a high-end product, opportunities like this in core South Tampa are increasingly rare. Easy to show. No HOA/CDD. Arborist Reports, MLS info sheets and property disclosures available. No assignable contracts accepted.
#TB8501615

TAMPA

2801 W CLEVELAND STREET

2 Beds

None Baths

1,002 Sq.Ft.

$495,000

MLS#: TB8501615

Fully rented and effortlessly income-producing, this updated two-unit single-family property is a standout opportunity for investors looking for immediate cash flow. Each unit has been thoughtfully refreshed throughout, offering comfortable, modern living spaces that tenants love, along with their own private backyard—an uncommon and highly desirable feature that adds both privacy and appeal. Situated on an oversized lot with ample parking, the property is as functional as it is attractive. Tucked away in a quiet neighborhood yet just minutes from downtown Tampa and the trendy Seminole Heights scene, this location offers the perfect balance of convenience and lifestyle. With strong rental income already in place, this is a turnkey investment primed for long-term returns.
#TB8497169

TAMPA

2307 E OSBORNE AVENUE

None Beds

None Baths

1,309 Sq.Ft.

$390,000

MLS#: TB8497169

Investment Opportunity: Turnkey Waterfront Condo-Hotel Package – Rays by the Bay & Mangrove Bay | Tampa, FL Rare opportunity to acquire two fully furnished, income-producing 1-bedroom/1-bathroom condo-hotel units located on scenic Tampa Bay. Offered as a package, Rays by the Bay and Mangrove Bay are turnkey investments with strong, consistent short-term rental performance and year-round guest demand. The Units: Each unit is thoughtfully designed to maximize comfort and revenue, sleeping up to 4 guests. Both feature a private bedroom, spacious living area with sleeper sofa, fully equipped kitchen, modern bathrooms, and private balconies with stunning bay views. These well-maintained suites are consistently guest-ready and optimized for short-term rental success. Turnkey Investment Highlights • Fully furnished and professionally maintained • Strong ADR and occupancy rates • Active listings on major Online Travel Agencies (Airbnb, VRBO, etc.) • Future bookings transferable to new owner • Currently managed by a professional management company (optional to retain) • Option to acquire existing LLC for a seamless transition Resort-Style Amenities That Drive Bookings Guests enjoy a full-service waterfront experience, including: • Geo-thermal heated pool (84°F year-round) • Sandy beach with direct bay access • Tiki bar & Bayside dining • Fire pit, BBQ & picnic areas • Sand volleyball court & outdoor fitness equipment • 24/7 gated security • Covered parking with elevator access • On-site laundry facilities Prime Tampa Location Situated in the highly desirable Rocky Point area, these units offer unmatched convenience: • 5 minutes to Tampa International Airport (TPA) • Minutes to Downtown Tampa & Westshore Business District • Near Raymond James Stadium (home of the Buccaneers) • Easy access to Clearwater Beach, St. Petersburg & Hyde Park • Close to Busch Gardens, Adventure Island & top local attractions The Investment Case: Tampa’s short-term rental market remains one of the strongest in Florida, and waterfront properties on Rocky Point command premium nightly rates. With established rental history, consistent 5-star guest experiences, and resort infrastructure already in place, this package offers immediate income with minimal operational friction. Whether you're expanding your portfolio, completing a 1031 exchange, or securing a dual-unit vacation investment, this is a rare opportunity to own two high-performing waterfront assets in one of Tampa’s most desirable rental corridors.
#TB8489203

TAMPA

2506 N ROCKY POINT DRIVE 331 and #275

2 Beds

None Baths

1,032 Sq.Ft.

$500,000

MLS#: TB8489203

Investor’s Dream! This duplex is a fantastic income-producing opportunity with great potential. Priced to sell, this property is being offered as-is, making it an excellent addition to any investment portfolio. Don’t miss out on this chance to own a cash-flowing asset in a desirable rental market! Top unit is Vacant. Bottom unit is tenant occupied and has a lease in place until April 1st for $1600 a month. Roof is 5 years old. Copper plumbing and galvanized feed with pvc drain lines. Walls units in each unit. Viewing with an accepted offer.
#TB8488879

TAMPA

415 E FLORIBRASKA AVENUE

4 Beds

None Baths

1,736 Sq.Ft.

$365,000

MLS#: TB8488879

Prime duplex opportunity in Tampa! This 6-bedroom, 2-bath income-producing property offers 1,628 sq ft of living space, making it ideal for investors and house hackers alike. Each unit provides functional layouts with ample space and flexibility. With each unit currently rented for $1,500 and $1,550/month and tenants paying all utilities, investors will step into instant cash flow. Centrally located, this property offers convenient access to major roads, shopping, dining, and employment centers. This high demand rental area provides solid upside potential by increasing rents or making value-add improvements. Call today to schedule an appointment!
#TB8487970

TAMPA

8113 N ALASKA STREET

6 Beds

None Baths

1,628 Sq.Ft.

$364,900

MLS#: TB8487970

Price reduced
West Riverside Heights income property. $3110/MONTH PAYMENT STANDARD for 3-bedroom Section 8 rental rate in 33607, giving the buyer an opportunity for even greater cash flow than currently producing. Cash-flowing investment opportunity situated within the rapidly appreciating West Riverside Heights district. This duplex is comprised of two 3-bedroom, 1-bathroom units with a combined 1,864-square-foot footprint. The property has recently been upgraded with BRAND NEW Hardie Board siding, trim, exterior paint, and a brand new exterior fence. The AC was recently upgraded in 2022. The bottom unit is currently vacant, while the upstairs tenants are signed to long-term leases. Allowing the buyer to live in one unit and rent out the other, or lease both units if desired. The centrally located property is located minutes from Raymond James Stadium, Hillsborough Community College (the proposed future site of the Tampa Bay Rays), St. Joseph’s Hospital, Armature Works, and the University of Tampa. Charming and well-performing, this West Riverside Heights gem is ideal for those seeking an immediate cash-flowing asset with the potential for long term appreciation.
#TB8478655

TAMPA

4103 N HOWARD AVENUE

6 Beds

None Baths

1,864 Sq.Ft.

$464,900

MLS#: TB8478655

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by The Graf Group of Coldwell Banker via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by The Graf Group of Coldwell Banker via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service