Address not disclosed, Tampa, FL 33603 - MLS#TB8349274

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Peter J. Poe

[email protected] +1(727) 804-4811

$1,500,000

Est. payment - /mo

10 Beds

9 Baths

6,455 SqFt

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UPDATED:

02/13/2025 12:33 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,455 sqft

Price per Sqft $232

Subdivision Cunningham

MLS Listing ID TB8349274

Bedrooms 10

HOA Y/N No

Originating Board Stellar MLS

Year Built 1942

Annual Tax Amount $11,450

Lot Size 0.800 Acres

Acres 0.8

Lot Dimensions 140x248.5

Property Sub-Type Multi-Family

Property 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

Location

State FL

County Hillsborough

Community Cunningham

Zoning SH-RS

Interior

Interior Features Ceiling Fans(s)

Heating Central, Electric, Space Heater, Wall Units / Window Unit

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Tile, Wood

Fireplace false

Laundry Common Area, Laundry Room

Exterior

Exterior Feature Balcony, Courtyard, Fence, Private Mailbox, Sidewalk

Parking Features Off Street, Open

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected

Roof Type Membrane,Shingle

Porch Front Porch, Rear Porch

Garage false

Private Pool No

Building

Entry Level Multi/Split

Foundation Crawlspace, Slab, Stem Wall

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Asbestos,Block,Stucco,Wood Frame

New Construction false

Schools

Elementary Schools Broward-Hb

Middle Schools Memorial-Hb

High Schools Hillsborough-Hb

Others

Pets Allowed Dogs OK

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8349274

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Listed by COMPASS FLORIDA, LLC

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Peter J. Poe

+1(727) 804-4811

Broker/Owner | License ID: BK634872

Broker/Owner License ID: BK634872

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Address not disclosed Tampa, FL 33603

Peter J. Poe

Key Details

Location

Interior

Exterior

Building

Schools

Others

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