Residential Property - Single Family Residence in Tampa
Listing Price: $1,200,000 (Mortgage Calculator →)
Description of Property
Value-Add Quadplex with Short-Term Rental Upside – Tampa Investment Opportunity Prime multifamily investment opportunity in the rapidly expanding Tampa market. This 4-unit property presents investors with a rare chance to acquire a stabilized asset with significant upside through repositioning into short-term rentals (Airbnb/VRBO), furnished rentals, or corporate housing. Each unit offers an ideal layout for short-term guests, traveling professionals, or extended-stay tenants. Tampa’s strong tourism industry, year-round events, and growing population continue to drive exceptional demand for short-term accommodations, creating a powerful income optimization opportunity for investors. Strategically located with convenient access to Downtown Tampa, Raymond James Stadium, Midtown, Ybor City, Tampa International Airport, and major highways, the property is well positioned to attract both leisure and business travelers. Investors have the ability to operate as traditional multifamily or reposition units to short-term rentals to unlock significantly higher revenue potential, with projected performance supporting an estimated cap rate exceeding 10 + after value-add improvements and optimized short-term rental operations. Investment Highlights • 4-unit multifamily property • Strong value-add opportunity • Ideal for Airbnb / VRBO / furnished rentals • High-demand Tampa rental market • Excellent location near major attractions and employment hubs • Projected double-digit cap rate potential after value-add This is an excellent opportunity for investors seeking to reposition a multifamily asset into a high-performing short-term rental property in one of Florida’s fastest-growing markets.
Bedrooms: 6
Bathrooms: 4
Sq. Ft. Gross: 5,663
Garage: No
Carport: No
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Tampa
County: Hillsborough
Subdivision: North Park Annex
Bedrooms: 6
Bathrooms: 4
Sq. Ft. Gross: 5,663
Sq. Ft. Living Area: 2,713
Cost per (heated) sqare foot: $442
Year built: 1925
Annual Tax: $11,097
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Flooring: Hardwood
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Wood Siding
Foundation: Slab
Roof: Shingle
Exterior Features: Storage
Floors Total: 2
Floors in Unit: Two
Cooling: Wall/Window Unit(s)
Heating & Fuel: Central
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.13
Lot Size (sq. ft.): 5,490 square feet
Lot Dimensions: 45 x 122
Front Exposure: East
Legal Description & Other Information
Parcel Number: A3628184FB00000000577.0
Zoning: SH-RS
Tax Legal Desc.: NORTH PARK ANNEX LOT 577
Section: 36
Range: 18
Listing courtesy of SELLSTATE COASTAL REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.