$1,550,000
Description
**8 UNITS** 2 Single Family Homes PLUS 6 unit Apartment Building on this site (**This property did NOT Flood during the recent storms, and had NO water intrusion.) Exceptional Tampa Heights Opportunity. Discover this stunning Tampa Heights property featuring two charming, original single-family homes, an additional building with six apartments, and a separate garage/storage structure—all nestled along picturesque tree-lined brick streets. The Lot spans 10,922 sq. ft. and is zoned RM-24. This versatile lot presents buyers with the option to renovate existing structures or redevelop the site entirely. Built in 1935, 1940, and 1946, these buildings reflect a rich history from a time when Tampa Heights blossomed into a vibrant community characterized by residential and commercial growth. Tampa Heights stands as the city's first significant residential suburb, maintaining its desirability over the years and surging upward in recent years. Established in the 1880s; it drew residents away from downtown, leveraging its favorable transportation access—a trait it retains today. Conveniently located just a few blocks from Highland Park, the YMCA, Armature Works, and the scenic and entertaining Tampa Riverfront Water-Works Park, this property is also near Perry Harvey Sr. Park’s skatepark, a variety of shopping options, entertainment hubs, fine dining, as well as cultural and artistic venues. With easy access to Downtown Tampa, Ybor City, and Tampa International Airport, the location is ideal for both residents and investors. This property has been treasured by the same family since 1960, serving as a beacon of hope and renewal for many. The owner has offered below-market rental rates, aiding countless individuals in regaining their financial footing. With some updating, these stately residences have the potential to significantly increase the rental income. The current use of the property has not intended to maximize rental profits. The property's size and location present a unique development opportunity in one of Tampa Bay's fastest-growing neighborhoods. As the area's progress continues, opportunities like this are becoming increasingly rare. Please respect the privacy of the current tenants—do not trespass or engage with them. Showings are available by appointment only with 24-48 hours' notice. Don’t miss out on this incredible opportunity!
Listed by Stacy Dillard, .
Property Highlights
- Property Type: Multi Family
- MLS #: TB8306044
Room Information
| Fireplace Features | Yes |
| Flooring | Laminate, Linoleum, Tile, Wood |
| Total Baths | 10 |
| Total Beds | 8 |
Property Features
| Appliances | Range, Refrigerator |
| Basement | Crawl Space |
| Construction Materials | Brick, Stucco |
| Cooling | Central Air, Wall/Window Unit(s) |
| Exterior Features | Awning(s), Courtyard |
| Has View | Yes |
| Heating | Central |
| Interior Features | Built-in Features, Other |
| Interior Square Footage | 5,288 |
| Lot Size Acres | 0.25 |
| Lot Size Dimension | 86x127 |
| Lot Size Square Feet | 10,922 |
| Other Structures | Outbuilding, Storage |
| Patio Features | Front Porch |
| Roof | Metal, Shingle |
| Sewer | Public Sewer |
| Water Source | Public |
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2024 MLS GRID. All Rights Reserved.
