2402 N Highland Ave, Tampa, FL 33602 | For Sale

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For Sale $1,550,000 ($293.12 per Sq Ft)

$1,550,000 ($293.12 per Sq Ft)
  • (0)
  • 8 Units
  • 5,288 Sq Ft
  • 10,922 Sq Ft
  • Unknown Cap Rate

Description

**8 UNITS** 2 Single Family Homes PLUS 6 unit Apartment Building on this site
(**This property did NOT Flood during the recent storms, and had NO water intrusion.)
Exceptional Tampa Heights Opportunity.
Discover this stunning Tampa Heights property featuring two charming, original single-family homes, an additional building with six apartments, and a separate garage/storage structure—all nestled along picturesque tree-lined brick streets. The Lot spans 10,922 sq. ft. and is zoned RM-24. This versatile lot presents buyers with the option to renovate existing structures or redevelop the site entirely.
Built in 1935, 1940, and 1946, these buildings reflect a rich history from a time when Tampa Heights blossomed into a vibrant community characterized by residential and commercial growth. Tampa Heights stands as the city's first significant residential suburb, maintaining its desirability over the years and surging upward in recent years. Established in the 1880s; it drew residents away from downtown, leveraging its favorable transportation access—a trait it retains today.
Conveniently located just a few blocks from Highland Park, the YMCA, Armature Works, and the scenic and entertaining Tampa Riverfront Water-Works Park, this property is also near Perry Harvey Sr. Park’s skatepark, a variety of shopping options, entertainment hubs, fine dining, as well as cultural and artistic venues. With easy access to Downtown Tampa, Ybor City, and Tampa International Airport, the location is ideal for both residents and investors.
This property has been treasured by the same family since 1960, serving as a beacon of hope and renewal for many. The owner has offered below-market rental rates, aiding countless individuals in regaining their financial footing. With some updating, these stately residences have the potential to significantly increase the rental income. The current use of the property has not intended to maximize rental profits.
The property's size and location present a unique development opportunity in one of Tampa Bay's fastest-growing neighborhoods. As the area's progress continues, opportunities like this are becoming increasingly rare.
Please respect the privacy of the current tenants—do not trespass or engage with them. Showings are available by appointment only with 24-48 hours' notice. Don’t miss out on this incredible opportunity!

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,550,000
Property Type Multi-Family
Usable Sqft 5,288
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1935
Last Sold Unknown
Sold Price Unknown
APN # A1329184XZ00001100010.0
MLS # TB8306044
Property ID 315734056
Lot Sqft 10,922
Zoning RM-24
Total Units 8
Days on Market 115
Original List Price $1,550,000
Applicances Range, Refrigerator%
Date Updated December 31, 2024
Date Created September 09, 2024

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Stacy Dillard an agent of LPT REALTY.


© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of December 31, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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