Local realty services provided by:Tomlin St Cyr Real Estate Services ERA Powered
Listed by: yalietza marmolejos, maritza diaz
Office: coldwell banker realty
MLS#:TB8418630
Source:MFRMLS
Price summary
- Price:$550,000
- Price per sq. ft.:$215.6
About this home
Investor’s Dream Near Raymond James Stadium!
Discover this versatile income-producing property in Tampa, just minutes from Raymond James Stadium and Steinbrenner Field. Originally a 3-bedroom, 2-bath home, this property has been thoughtfully converted into two studio apartments, one 1-bedroom apartment, and a main living space with 2 Bedrooms and 1 bath.
Current NOI is $36k with a 6.5% Cap Rate, and units are on month-to-month leases at below-market rates. With a Potential Gross Income (PGI) of $64K annually based on current rental market valuation, the property offers a potential of 11.5% Cap Rate.
Updated roof (2021) + solar panels for energy efficiency.
Prime location – close to highways, shopping, dining, and major attractions.
Spacious parking for tenants and guests.
Endless potential for short-term or long-term rentals.
With a motivated seller and multiple income streams, this property is a true investor’s gem in one of Tampa’s hottest rental markets.
Contact an agent
Home facts
- Year built:2002
- Listing ID #:TB8418630
- Added:163 day(s) ago
- Updated:February 02, 2026 at 02:10 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,028 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:2002
- Building area:2,028 sq. ft.
- Lot area:0.13 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$215.6
- Tax amount:$2,234 (2024)
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