10 beds | 0.80 acres | #TB8349274
Description
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
Property Details
- Utility FeaturesCable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected
- Exterior MaterialsBalcony, Courtyard, Fence, Private Mailbox, Sidewalk
- FoundationCrawlspace, Slab, Stem Wall
- InteriorCeiling Fans(s)
- High SchoolHillsborough-HB
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- CountyHillsborough
- Property SubtypeMulti-Family
- Middle SchoolMemorial-HB
- SubdivisionCUNNINGHAM
- Elementary SchoolBroward-HB
- Original List Price$1,500,000
- MLS #TB8349274
- MLS #TB8349274
- Taxes Annual$11,450
- Pets AllowedDogs OK
- Cost1500000
- Utility SourcePublic
- Year Built1942
- Acres0.8
- Bedrooms10
- Days on Market (Cumulative)27
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Stephanie LeFew | Keys to Castles Group
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Bradley Goldfinger (#MFR261540290)
Listing Office: COMPASS FLORIDA, LLC (#MFR781263)

Interested in Purchasing Address Not Shown?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.