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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.
| DAYS ON MARKET | 183 | LAST UPDATED | 8/22/2025 |
|---|---|---|---|
| TRACT | JOHN H DREWS FIRST EXT | YEAR BUILT | 2002 |
| COMMUNITY | 33607 - Tampa | COUNTY | Hillsborough |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer |
| AREA | 33607 - Tampa |
| CONSTRUCTION | Stucco |
| EXTERIOR | Awning(s) |
| HEAT | Central |
| INTERIOR | Open Floorplan |
| LOT | 5663 sq ft |
| LOT DIMENSIONS | 54x103 |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Contemporary, Traditional |
| SUBDIVISION | JOHN H DREWS FIRST EXT |
| TAXES | 2234.41 |
| UTILITIES | Cable Available, Electricity Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Yalietza Marmolejos, COLDWELL BANKER REALTY, 813-685-7755
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 2/21/26 12:03 AM PST.
This IDX solution is (c) Diverse Solutions 2026.