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Located in the heart of Tampa. This 4-unit multifamily property offers immediate cash flow and strong upside in one of Florida's most dynamic rental markets. Just minutes from major employers, entertainment, and Tampa International Airport, this property is ideally positioned for both long-term tenants and short-term rental strategies. This home was originally a three bedroom two that's been converted. Investment Highlights: 90% Occupied - Stable income with room to increase rents (current tenants on a month to month lease term) PGI Potential: Strong projected gross income with Airbnb conversion *This property is also listed as a SFR. Buyer to conduct their due dillingence for zoning, permitting and local muncipality rules and regulations pertaining to short-term rentals.* New Roof - Recent capital improvements reduce upfront costs Mixed-Style Units - Flexible layouts for diverse tenant profiles Utilities Connected - Turnkey and ready for new ownership No HOA/ No CDD - Fewer restrictions, lower overhead Whether you're expanding your portfolio or entering the Tampa market for the first time, this property offers a rare blend of location, flexibility, and income potential. With Airbnb demand surging and no community restrictions, investors can capitalize on short-term rental revenue while benefiting from long-term appreciation.
| DAYS ON MARKET | 62 | LAST UPDATED | 10/9/2025 |
|---|---|---|---|
| TRACT | JOHN H DREWS FIRST EXT | YEAR BUILT | 2002 |
| COMMUNITY | 33607 - Tampa | COUNTY | Hillsborough |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Oct 9, '25 | $55,000 |
|---|---|
| Oct 9, '25 - Today | $550,000 |
| ADDITIONAL DETAILS | |
| AIR | Other |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 33607 - Tampa |
| CONSTRUCTION | Block, Stucco |
| EXTERIOR | Garden, Other |
| LOT | 5663 sq ft |
| LOT DIMENSIONS | 54x103 |
| PARKING | Driveway |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | JOHN H DREWS FIRST EXT |
| TAXES | 2234.41 |
| UTILITIES | Cable Available, Cable Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Miriam Kelly, 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 12/5/25 6:36 PM PST.
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