1. Juan Torres, REALTOR ®
  2. Tropic Shores Realty

Address Not Provided

Priced at Only: $1,500,000

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  • MLS#: TB8349274 ( Residential Income )
  • Street Address: Address Not Provided
  • Viewed: 115
  • Price: $1,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1942
  • Bldg sqft: 0
  • Bedrooms: 10
  • Total Baths: 9
  • Days On Market: 25
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
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Courtyard, Fence, Private Mailbox, Sidewalk
  • Flooring: Carpet, Tile, Wood
  • Living Area: 6455.00
  • Other Structures: Storage
  • Roof: Membrane, Shingle
School Information
  • High School: Hillsborough-HB
  • Middle School: Memorial-HB
  • School Elementary: Broward-HB
Garage and Parking
  • Garage Spaces: 0.00
  • Parking Features: Off Street, Open
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Electric, Space Heater, Wall Units / Window Unit
  • Pets Allowed: Dogs OK
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electricity, Gas
Other Features
  • Country: US
  • Interior Features: Ceiling Fans(s)
  • Legal Description: CUNNINGHAM W 203 FT OF LOT 1 LOT 2 AND A STRIP OF LAND 18.64 FT WIDE LYING E OF LOT 2
  • Levels: Multi/Split
  • Area Major: 33603 - Tampa / Seminole Heights
  • Occupant Type: Tenant
  • Parcel Number: A-01-29-18-4G2-000000-00001.0
  • Views: 115
  • Zoning Code: SH-RS

Contact Info

Headshot for Associate Juan Torres
  1. Juan Torres, REALTOR ®
  2. Tropic Shores Realty
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