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… Read More 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. Read Less
Courtesy of LPT REALTY, LLC 877-366-2213
Listing Snapshot
Days Online
44
Last Updated
Property Type
Multi Family
Beds
8
Square Ft.
5,288
Lot Size
0.25 Acres
Year Built
1935
MLS Number
TB8407243
30 Days Snapshot Of 33602
$856k
+50%
(avg) sold price
26
-23%
homes sold
87
+14%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Meters: 491.27, Total Number of Buildings: 4, Unit Count: 4, Building Area Units: Square Feet, Construction Materials: "Block", "Cement Siding", Living Area: 5288, Number Of Units Total: 8, Year Built: 1935
Expenses
Total Monthly Expenses: $1,766
Home Owner's Association
Association Fee Requirement: None
Lot
Lot Size Square Meters: 1015, Total Acreage: 1/4 to less than 1/2, Features: "Corner Lot", "Historic District", "City Limits", "Oversized Lot", "Paved", 0.25 acres, 10922 square feet, Dimensions: 86x127, Number Of Lots: 1, View: "City"
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