Located in the heart of Tampa. This 4-unit multifamily property offers immediate cash flow and strong upside in one of Florida’s most dynamic rental markets. Just minutes from major employers, entertainment, and Tampa International Airport, this property is ideally positioned for both long-term tenants and short-term rental strategies. This home… Read More was originally a three bedroom two that's been converted.
Investment Highlights:
90% Occupied – Stable income with room to increase rents (current tenants on a month to month lease term)
PGI Potential: Strong projected gross income with Airbnb conversion
*This property is also listed as a SFR. Buyer to conduct their due dillingence for zoning, permitting and local muncipality rules and regulations pertaining to short-term rentals.*
New Roof – Recent capital improvements reduce upfront costs
Mixed-Style Units – Flexible layouts for diverse tenant profiles
Utilities Connected – Turnkey and ready for new ownership
No HOA/ No CDD – Fewer restrictions, lower overhead
Whether you're expanding your portfolio or entering the Tampa market for the first time, this property offers a rare blend of location, flexibility, and income potential. With Airbnb demand surging and no community restrictions, investors can capitalize on short-term rental revenue while benefiting from long-term appreciation. Read Less
Courtesy of COLDWELL BANKER REALTY 813-685-7755
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Square Ft.
2,028
Lot Size
0.13 Acres
Year Built
2002
MLS Number
TB8436463
Additional Details
Property Access
Road Responsibility: Public Maintained Road, Road Surface: Asphalt
Building
Built in 2002, Living area: 2028, Living area units: Square Feet, Levels: One, Construction Materials: Block, Stucco
Exterior Features
Garden
Floors
Carpet, Ceramic Tile
Foundation
Slab
Heating
Partial
Income
Gross Income: $36,000
Interior Features
Living Room/Dining Room Combo
Lot
0.13 acres, Dimensions: 54x103
Parking
Driveway
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: A-10-29-18-3J5-000051-00012.0, Public Survey Range: 18, Public Survey Section: 10, Annual Amount: $2,234.41, Tax Block: 51, Tax Book Number: 5-42, Legal Description: JOHN H DREW'S FIRST EXTENSION LOT 12 BLOCK 51 AND N 1/2 OF CLOSED ALLEY ABUTTING IN S, Lot: 12, Year: 2024, Zoning: RS-50
Utilities
Cable Available, Cable Connected, Water Source: Public
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