, Tampa, FL 33603

  • $1,390,000
  • $1,500,000
, Tampa, FL 33603
Active
, Tampa, FL 33603
, Tampa, FL 33603
  • $1,390,000
  • $1,500,000

Overview

Property ID: HZTB8349274
  • Multi-Family, Residential Income
  • Property Type
  • 10
  • Bedrooms
  • 9
  • Bathrooms
  • 1942
  • Year Built

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

  • Address
  • City Tampa
  • State/county FL
  • Zip/Postal Code 33603
  • Area CUNNINGHAM

Details

Updated on April 4, 2025 at 12:46 am
  • Property ID: HZTB8349274
  • Price: $1,390,000
  • Land Area: 0.8 Acres
  • Bedrooms: 10
  • Bathrooms: 9
  • Garage Size: x x
  • Year Built: 1942
  • Property Type: Multi-Family, Residential Income
  • Property Status: Active

Features

Mortgage Calculator

$4,469,976.59
Monthly
  • Down Payment $208,500.00
  • Loan Amount $1,181,500.00
  • Monthly Mortgage Payment $10,059.93
  • Property Tax $3,475,000.00
  • Home Insurance $83.33
  • PMI $984,583.33
  • Monthly HOA Fees $250.00
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