$1,500,000
For Sale

Address Not Shown

Tampa, FL 33603
10 beds | 0.80 acres | #TB8349274
Browse 37 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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

Stephanie LeFew | Keys to Castles GroupReal Estate Group

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6.0%

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2.6%
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