Sarasota's Premier Homes

5113 N CENTRAL AVENUE

TAMPA , FL 33603

MLS#: TB8349274

$1,350,000

Status: Active
Listing number: TB8349274
Listing provided by: COMPASS FLORIDA LLC
Listing agent phone: None
Last update: 2 days ago
On site: 5 months ago
Browse Properties
CUNNINGHAM - Residential Income

Property

Beds

10

Full Baths

None

1/2 Baths

None

Year Built

1942

Sq.Footage

6,455

This is a unique investment opportunity in the heart of Tampa's historic Seminole Heights neighborhood. The combined properties at 5113 and 5115 N Central Ave span approximately 0.8 acres, making it one of the largest residential and multi-family lots in the area. Currently, the property features nine units, including two single-family homes, with the potential to convert an existing storage unit into an additional apartment, increasing rental income. It is currently self-managed with below-market rents, presenting significant upside potential through value-add improvements. The property consists of eight 1 Bedroom 1 Bath and one 2 Bedroom 1 Bath units and has steady demand. Seminole Heights is known for its historic charm, early 20th-century bungalows, tree-lined streets, and a vibrant community filled with trendy restaurants, breweries, and boutiques. As the neighborhood continues to grow in popularity and value, this expansive lot offers both immediate income and long-term appreciation potential. Don't miss out on this exceptional opportunity to own a prime asset in one of Tampa's most sought-after areas. The property has 6 buildings, consisting of 4 duplexes and 2 stand alone homes. Future Land Use R-20

Features & Amenities

Interior

  • Total Bedrooms

    10

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Wall/Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Electric, Space Heater, Ductless

Exterior

  • Garage

    No

  • Construction Materials

    Asbestos, Block, Stucco, Frame

  • Other Exterior Features

    Balcony, Courtyard

  • Parking

    Off Street, Open

  • Patio and Porch Features

    Front Porch, Rear Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.8

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $1,350,000

  • Tax Amount

    11450.31

  • Sq. Footage

    6, 455

  • Price/SqFt

    $209

HOA

  • Association

    NO

School District

  • Elementary School

    Broward-HB

  • Middle School

    Memorial-HB

  • High School

    Hillsborough-HB

Property Features

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    1

  • Water Source

    Public

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Location

County

Hillsborough

Elementary School

Broward-HB

Middle School

Memorial-HB

High School

Hillsborough-HB

Listing Courtesy of Bradley Goldfinger , COMPASS FLORIDA LLC

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Agent MichaelGraf

Business Coach | Executive Sales Associate | Realtor®

MichaelGraf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


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This is a unique investment opportunity in the heart of Tampa's historic Seminole Heights neighborhood. The combined properties at 5113 and 5115 N Central Ave span approximately 0.8 acres, making it one of the largest residential and multi-family lots in the area. Currently, the property features nine units, including two single-family homes, with the potential to convert an existing storage unit into an additional apartment, increasing rental income. It is currently self-managed with below-market rents, presenting significant upside potential through value-add improvements. The property consists of eight 1 Bedroom 1 Bath and one 2 Bedroom 1 Bath units and has steady demand. Seminole Heights is known for its historic charm, early 20th-century bungalows, tree-lined streets, and a vibrant community filled with trendy restaurants, breweries, and boutiques. As the neighborhood continues to grow in popularity and value, this expansive lot offers both immediate income and long-term appreciation potential. Don't miss out on this exceptional opportunity to own a prime asset in one of Tampa's most sought-after areas. The property has 6 buildings, consisting of 4 duplexes and 2 stand alone homes. Future Land Use R-20

5113 N CENTRAL AVENUE

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