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
Property Location and Similar Properties
All
Similar
Features
Home Owners Association Fee
0.00
Carport Spaces
0.00
Close Date
0000-00-00
Cooling
Central Air
Wall/Window Unit(s)
Country
US
Covered Spaces
0.00
Exterior Features
Balcony
Courtyard
Fence
Private Mailbox
Sidewalk
Flooring
Carpet
Tile
Wood
Garage Spaces
0.00
Heating
Central
Electric
Space Heater
Wall Units / Window Unit
High School
Hillsborough-HB
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