236 W North Street, Tampa, FL 33604
Local realty services provided by:ERA ONETEAM REALTY
Listed by: eriola goldman
Office: sellstate coastal realty
MLS#:TB8483186
Source:MFRMLS
Price summary
- Price:$1,200,000
- Price per sq. ft.:$211.9
About this home
Value-Add Quadplex with Short-Term Rental Upside – Tampa Investment Opportunity
Prime multifamily investment opportunity in the rapidly expanding Tampa market. This 4-unit property presents investors with a rare chance to acquire a stabilized asset with significant upside through repositioning into short-term rentals (Airbnb/VRBO), furnished rentals, or corporate housing.
Each unit offers an ideal layout for short-term guests, traveling professionals, or extended-stay tenants. Tampa’s strong tourism industry, year-round events, and growing population continue to drive exceptional demand for short-term accommodations, creating a powerful income optimization opportunity for investors.
Strategically located with convenient access to Downtown Tampa, Raymond James Stadium, Midtown, Ybor City, Tampa International Airport, and major highways, the property is well positioned to attract both leisure and business travelers.
Investors have the ability to operate as traditional multifamily or reposition units to short-term rentals to unlock significantly higher revenue potential, with projected performance supporting an estimated cap rate exceeding 10 + after value-add improvements and optimized short-term rental operations.
Investment Highlights
• 4-unit multifamily property
• Strong value-add opportunity
• Ideal for Airbnb / VRBO / furnished rentals
• High-demand Tampa rental market
• Excellent location near major attractions and employment hubs
• Projected double-digit cap rate potential after value-add
This is an excellent opportunity for investors seeking to reposition a multifamily asset into a high-performing short-term rental property in one of Florida’s fastest-growing markets....
Contact an agent
Home facts
- Year built:1925
- Listing ID #:TB8483186
- Added:63 day(s) ago
- Updated:May 08, 2026 at 01:28 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Tile, Wood
- Kitchen Description:Convection Oven, Cooktop, Dishwasher, Disposal, Microwave
- Bedroom Description:High Ceilings
- Basement Description:Crawlspace
- Living area:2,713 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1925
- Building area:2,713 sq. ft.
- Lot area:0.13 Acres
- Construction Materials:Wood Siding
- Exterior Features:Awning(s), Balcony, Rain Barrel/Cistern(s), Rain Gutters
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$211.9
- Tax amount:$11,097 (2025)
Features and amenities
- Appliances:Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Irrigation Equipment, Microwave, Washer
- Laundry features:Dryer, Laundry Room, Washer
- Amenities:Cable Available, Ceiling Fans(s), High Ceilings, Irrigation Equipment, Natural Gas Connected
- Pool features:Public Pool
New listings near 236 W North Street
- Open Sat, 2 to 4pmNew
$229,900Active2 beds 2 baths1,152 sq. ft.2049 Fiesta Ridge Court, TAMPA, FL 33604
MLS# TB8506260Listed by: LPT REALTY, LLC - Open Sat, 3 to 5pmNew
$2,150,000Active4 beds 4 baths2,876 sq. ft.1811 W Hills Avenue, TAMPA, FL 33606
MLS# TB8506283Listed by: KELLER WILLIAMS SOUTH TAMPA - New
$549,000Active3 beds 2 baths2,445 sq. ft.4430 Ranchwood Lane, TAMPA, FL 33624
MLS# TB8501143Listed by: LPT REALTY, LLC - New
$345,000Active3 beds 2 baths1,200 sq. ft.8013 N Alaska Street, TAMPA, FL 33604
MLS# TB8506547Listed by: PEOPLE'S CHOICE REALTY SVC LLC - New
$2,200,000Active6 beds 5 baths4,829 sq. ft.10603 Cayman Isle Court, TAMPA, FL 33647
MLS# TB8506068Listed by: DALTON WADE INC - New
$398,000Active4 beds 4 baths2,416 sq. ft.10144 Arbor Run Drive #112, TAMPA, FL 33647
MLS# TB8505924Listed by: SIGNATURE REALTY ASSOCIATES - New
$500,000Active3 beds 3 baths1,792 sq. ft.14505 Mirabelle Vista Circle, TAMPA, FL 33626
MLS# TB8495530Listed by: SMITH & ASSOCIATES REAL ESTATE - Open Sat, 10am to 12pmNew
$460,000Active3 beds 2 baths1,541 sq. ft.15151 Shaw Road, Tampa, FL 33625
MLS# 2259278Listed by: CHARLES RUTENBERG REALTY INC - New
$525,000Active4 beds 2 baths1,931 sq. ft.3007 N Central Avenue, TAMPA, FL 33603
MLS# TB8505701Listed by: COLDWELL BANKER REALTY - New
$620,000Active3 beds 3 baths2,013 sq. ft.9606 Royce Drive, TAMPA, FL 33626
MLS# TB8495516Listed by: SMITH & ASSOCIATES REAL ESTATE