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  • MLS#: TB8483186 ( Residential )
  • Street Address: 236 North Street
  • Viewed: 8
  • Price: $1,200,000
  • Price sqft: $212
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 5663
  • Bedrooms: 6
  • Total Baths: 4
  • Full Baths: 4
  • Days On Market: 4
  • Additional Information
  • Geolocation: 28.0056 / -82.4647
  • County: HILLSBOROUGH
  • City: TAMPA
  • Zipcode: 33604
  • Subdivision: North Park Annex
  • Provided by: SELLSTATE COASTAL REALTY
  • Contact: Eriola Goldman
  • 813-940-0101
  • mfrmls
  • DMCA Notice
  • Description
    Value Add Quadplex with Short Term Rental Upside Tampa Investment Opportunity Prime multifamily investment opportunity in the rapidly expanding Tampa market. This 4 unit property presents investors with a rare chance to acquire a stabilized asset with significant upside through repositioning into short term rentals (Airbnb/VRBO), furnished rentals, or corporate housing. Each unit offers an ideal layout for short term guests, traveling professionals, or extended stay tenants. Tampas strong tourism industry, year round events, and growing population continue to drive exceptional demand for short term accommodations, creating a powerful income optimization opportunity for investors. Strategically located with convenient access to Downtown Tampa, Raymond James Stadium, Midtown, Ybor City, Tampa International Airport, and major highways, the property is well positioned to attract both leisure and business travelers. Investors have the ability to operate as traditional multifamily or reposition units to short term rentals to unlock significantly higher revenue potential, with projected performance supporting an estimated cap rate exceeding 10 + after value add improvements and optimized short term rental operations. Investment Highlights 4 unit multifamily property Strong value add opportunity Ideal for Airbnb / VRBO / furnished rentals High demand Tampa rental market Excellent location near major attractions and employment hubs Projected double digit cap rate potential after value add This is an excellent opportunity for investors seeking to reposition a multifamily asset into a high performing short term rental property in one of Floridas fastest growing markets.
Features
Appliances
  1. Convection Oven
  2. Cooktop
  3. Dishwasher
  4. Disposal
  5. Dryer
  6. Electric Water Heater
  7. Microwave
  8. Washer
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Awning(s)
  2. Balcony
  3. Rain Barrel/Cistern(s)
  4. Rain Gutters
  5. Storage
Flooring
  1. Tile
  2. Wood
Furnished
  1. Unfurnished
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Interior Features
  1. Ceiling Fans(s)
  2. High Ceilings
Legal Description
  1. NORTH PARK ANNEX LOT 577
Levels
  1. Two
Living Area
  1. 2713.00
Area Major
  1. 33604 - Tampa / Sulphur Springs
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. A-36-28-18-4FB-000000-00577.0
Property Type
  1. Residential
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2025
Township
  1. 28
Utilities
  1. Cable Available
  2. Natural Gas Connected
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/TB8483186
Water Source
  1. Public
Year Built
  1. 1925
Zoning Code
  1. SH-RS