Active
5208 N SUWANEE AVE
TAMPA FL, 33603
$875,000
$293.72 per sqft
Active
5 Beds
5 Baths
2,979 sqft
Residential
Built in 1914
CASH COW! Fully vacant and ready to hand select your tenants! Discover a truly unique investment opportunity in the heart of Seminole Heights! Don't pay for your home, let your home pay for you! This charming 2-bedroom, 2-bathroom home spans 1,254 square feet and is brimming with character, having stood the test of time for over 100 years. Enjoy mornings on the expansive front porch, complete with a cozy porch swing. Inside, you'll find original hardwood floors, an oversized fireplace, two separate living areas, and a spacious dining room featuring a historic built-in hutch. The fully remodeled kitchen is a chef's dream, boasting top-of-the-line stainless steel appliances, including a gas range, quartz countertops, a pot filler, and stunning stained glass windows. What truly sets this property apart is the fully finished 669-square-foot studio apartment in the basement--one of the very few homes in Tampa with this feature! Whether you choose to rent it out to help cover your mortgage or use it as an in-law suite, this basement apartment offers incredible flexibility. But that's not all! The property also includes a detached duplex apartment building in the back, featuring two 1-bedroom, 1-bathroom units, each over 500 square feet. These units are ready to rent at $1,200 per month $1,500 per month, $1,600 per month, and $2,800 per month! providing a significant boost to your mortgage payments. The main home has seen numerous upgrades, including new plumbing in 2006 and a new main water line in 2008, new electric in 2006, a new roof in 2016, and restored original wood windows by a master carpenter in 2009. The duplex has also been well-maintained, with foundation work completed in 2005, a brand new roof over the duplex in May of 2024 the upstairs unit remodeled in 2020, central air and heat installed in 2022, and the downstairs unit remodeled in 2016. This property is a rare gem in a vibrant neighborhood, offering both historical charm and modern amenities. Don't miss your chance to own a piece of Seminole Heights with incredible income potential! Home has also recently been tented and comes with a fully transferable warranty!
T3532202
MLSⓇ ID
June 7, 2024
Listed
October 22, 2024
Updated
Map
5208 N SUWANEE AVE
TAMPA FL, 33603
Interior Features
Total Stories
1
Bedrooms
5
Total Bathrooms
5
Full Bathrooms
5
Interior Features
Other
Appliances
Dishwasher, Microwave, Range, Range Hood, Refrigerator
Laundry Description
None
Floor Description
Wood
Fireplace
Yes
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.17 Acres
Exterior Features
Other
Architectual Style
Bungalow
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
33603 - Tampa / Seminole Heights
Taxes
$2,331
Tax Frequency
Annually
Days on Market
102
Association Fee Frequency
Monthly
Garage
No
View
No
County
Hillsborough
Municipality
29
Water Source
Public
Pool
No
Zoning
SH-RS
Listing History
Date | Event | Price |
---|---|---|
10/18/2024 | Price change | $875,000 -2% |
9/13/2024 | Price change | $885,000 -2% |
8/23/2024 | Active | — |
7/22/2024 | Pending | — |
Listed by FRANK ALBERT REALTY
Listing Contact: 813-546-2503
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Data last updated 10/22/2024, 6:41 PM UTC