10 beds
1942
6,455 sqft
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
Status:
Active
Type:
Multi-family
Laundry Remarks:
Common Area, Laundry Room
Units:
9
Subdivision:
CUNNINGHAM
Garage:
Off Street, Open
Heating:
Central, Electric, Space Heater, Wall Units / Window Unit
Cooling:
Central Air, Wall/Window Unit(s)
Lot Size:
140 x 248.5
Acreage:
0.8
Est. Taxes:
$11,450
Construction
Asbestos, Block, Stucco, Wood Frame
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected
Elementary School:
Broward-HB
Middle School:
Memorial-HB
High School:
Hillsborough-HB
Days on Market:
55
Pet Policy:
Dogs OK
Lease Term Type:
12 Months
MLS #:
TB8349274
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Compass Florida LLC Phone: 305-851-2820