236 W North Street, Tampa, FL 33604
- $998,000
- 6
- BD
- 5
- BA
- 2,713
- SqFt
- List Price
- $998,000
- Status
- Active
- Days on Market
- 6
- MLS#
- TB8521847
- Property Style
- Single Family
- Year Built
- 1925
- Bedrooms
- 6
- Bathrooms
- 5
- Living Area
- 2,713
- Lot Size
- 5,490
- Acres
- 0.13
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- North Park Annex
- MLS Area Major
- Tampa / Sulphur Springs
Property Description
Located in the heart of Old Seminole Heights, one of Tampa's most vibrant and sought after historic neighborhoods, this exceptional four unit property presents a rare opportunity for investors and owner occupants alike. Whether you're looking to expand your portfolio with a high performing income property or take advantage of the ultimate house hack opportunity, this versatile quadplex offers immediate income with exceptional long term upside. The property features four thoughtfully configured units, including Unit A, a vacant 2 bedroom, 2 bathroom residence, Unit B, a 1 bedroom, 1 bathroom unit currently operating as a successful Airbnb, Unit C, a leased 2 bedroom, 1 bathroom unit, and Unit D, a leased 2 bedroom, 2 bathroom unit. The vacant Unit A provides the unique opportunity to purchase the property as your primary residence while generating income from the remaining units, allowing you to offset your mortgage and build equity through one of today's most desirable investment strategies. Currently operating under a hybrid rental model, the property combines the stability of long term leases with the increased earning potential of short term rentals. Units C and D provide consistent annual rental income, while the Airbnb operation in Unit B creates additional cash flow and flexibility. Investors also have the opportunity to further maximize returns through rental optimization, furnished executive rentals, or expanded short term rental operations, subject to local regulations. Positioned on a prominent corner lot, this property places you just moments from the neighborhood's renowned restaurants, breweries, coffee shops, and local favorites that have made Old Seminole Heights one of Tampa's most desirable places to live and invest. With convenient access to Downtown Tampa, Ybor City, Armature Works, Midtown Tampa, Raymond James Stadium, Tampa International Airport, I 275, and the Hillsborough River, the location continues to drive strong demand from both long term residents and short term visitors. Properties offering this combination of owner occupant flexibility, immediate cash flow, and future value add potential in Old Seminole Heights are rarely available.
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Additional Information
- Taxes
- $11095
- Minimum Lease
- No Minimum
- Community Features
- No Deed Restriction
- Property Description
- Split Level
- Zoning
- SH-RS
- Interior Layout
- Ceiling Fans(s), Living Room/Dining Room Combo
- Interior Features
- Ceiling Fans(s), Living Room/Dining Room Combo
- Floor
- Tile, Wood
- Appliances
- Dishwasher, Range, Refrigerator
- Utilities
- Electricity Connected
- Heating
- Electric
- Air Conditioning
- Central Air, Mini-Split Unit(s)
- Fireplace Description
- Wood Burning
- Exterior Construction
- Frame
- Exterior Features
- Courtyard, Lighting
- Roof
- Shingle
- Foundation
- Crawlspace
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- A-36-28-18-4FB-000000-00577.0
- Legal Description
- NORTH PARK ANNEX LOT 577
Listing courtesy of BRAINARD REALTY. 813-922-2891
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