Sarasota's Premier Homes

5604 N CHEROKEE AVENUE

TAMPA , FL 33604

MLS#: TB8398473

$480,000

Status: Active
Listing number: TB8398473
Listing provided by: OLYMPUS EXECUTIVE REALTY INC
Listing agent phone: None
Last update: 16 days ago
On site: a month ago
Browse Properties
EAST SUWANEE HEIGHTS - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1926

Sq.Footage

2,526

Investor Special – Duplex Potential in Prime Seminole Heights Location! Don’t miss this rare opportunity to own a versatile income-generating property in the heart of Old Seminole Heights. This charming 1926 home features a 2BD/2BA + Office main residence plus a private 1BD/1BA upstairs apartment with its own entry—ideal for house hacking, short-term rental income, or multigenerational living. Major updates include a 2020 metal roof, 2022 upstairs AC, and new main home air handler, making this a low-maintenance investment. The spacious 56x132 lot offers a fully fenced backyard, mature trees, and room for future additions or outdoor amenities. Rental Income Potential: Main House: $2,200–$2,500/month Upstairs Apartment: $1,600–$1,800/month Total Gross Rent: $3,800–$4,300/month With an asking price of $500,000 and a conservative ARV of $700,000–$750,000, this property offers strong cash flow today with big upside tomorrow. Zoned residential with no HOA and located minutes from popular restaurants, breweries, parks, and downtown Tampa. This is your chance to invest in one of Tampa’s most sought-after and fastest-appreciating neighborhoods. Live in one unit and rent the other—or rent both and maximize ROI.

Features & Amenities

Interior

  • Other Interior Features

    Built-in Features, Stone Counters

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Other Exterior Features

    Storage

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.17

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $480,000

  • Tax Amount

    6497.54

  • Sq. Footage

    2, 526

  • Price/SqFt

    $190

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Hillsborough

Elementary School

Middle School

High School

Listing Courtesy of Ada Provenzano , OLYMPUS EXECUTIVE REALTY INC

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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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Investor Special – Duplex Potential in Prime Seminole Heights Location! Don’t miss this rare opportunity to own a versatile income-generating property in the heart of Old Seminole Heights. This charming 1926 home features a 2BD/2BA + Office main residence plus a private 1BD/1BA upstairs apartment with its own entry—ideal for house hacking, short-term rental income, or multigenerational living. Major updates include a 2020 metal roof, 2022 upstairs AC, and new main home air handler, making this a low-maintenance investment. The spacious 56x132 lot offers a fully fenced backyard, mature trees, and room for future additions or outdoor amenities. Rental Income Potential: Main House: $2,200–$2,500/month Upstairs Apartment: $1,600–$1,800/month Total Gross Rent: $3,800–$4,300/month With an asking price of $500,000 and a conservative ARV of $700,000–$750,000, this property offers strong cash flow today with big upside tomorrow. Zoned residential with no HOA and located minutes from popular restaurants, breweries, parks, and downtown Tampa. This is your chance to invest in one of Tampa’s most sought-after and fastest-appreciating neighborhoods. Live in one unit and rent the other—or rent both and maximize ROI.

5604 N CHEROKEE AVENUE

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