Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1935
Sq.Footage
5,288
Great opportunity to purchase part of Tampa Height's History. There are a total of 8 rental units in 4 buildings: 1 Single family-4 bedroom/2 bath, 2nd Single Family-2 bedroom/2 bath, 1 Apartment Building with 4 studio units plus TWO- 1 bedroom/1 bath units. Built in 1935, 1940, and 1946, these buildings reflect a rich history from a time when Tampa Heights blossomed into a vibrant community characterized by residential and commercial growth. Each unit and both homes are separately metered and tenants pay all utilities except water/sewer and small gas bill. This lot is 10,922 sq ft and is zoned RM-24. If redeveloped, it is approved for 6 new units. This property has been treasured by the same family since 1960, serving as a beacon of hope and renewal for many. The owner has offered below-market rental rates, as a service in the community for the past 15 years. With some renovations, these stately residences have the potential to significantly increase the rental income.The property has great access on a corner and with an alley running along the north side. Conveniently located just a few blocks from Highland Park, the YMCA, Armature Works, and the scenic Tampa Riverfront Waterworks park, this property is also near Perry Harvey Sr. Park’s skatepark, a variety of shopping options, entertainment hubs, fine dining, as well as cultural and artistic venues. With easy access to Downtown Tampa, Ybor City, and Tampa International Airport, the location is ideal for both residents and investors. The property's size and location present a unique development opportunity in one of Tampa Bay's fastest-growing neighborhoods. As the area's progress continues, opportunities like this are becoming increasingly rare. Please respect the privacy of the current tenants—do not trespass or engage with them. Showings are available by appointment only with 48-72 hours' notice.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen
-
Total Bedrooms
8
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Ductless
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Block, Cement Siding
-
Parking
Oversized, Parking Pad
-
Pool
No
-
Waterfront YN
NO
-
View
City
Area & Lot
-
Lot Features
Corner Lot, Paved
-
Lot Size(acres)
0.25
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$1,550,000
-
Tax Amount
6712.0
-
Sq. Footage
5, 288
-
Price/SqFt
$293
HOA
-
Association
YES
-
Association Fee Frequency
N/A
-
Association Fee Includes
N/A
School District
-
Elementary School
Graham-HB
-
Middle School
Madison-HB
-
High School
Hillsborough-HB
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Hillsborough
Elementary School
Graham-HB
Middle School
Madison-HB
High School
Hillsborough-HB
Listing Courtesy of Stacy Dillard , LPT REALTY, LLC
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