5208 N Suwanee Ave, Tampa, FL 33603 | For Sale

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For Sale $865,000 ($290.37 per Sq Ft)

$865,000 ($290.37 per Sq Ft)
  • (0)
  • 5 Bedrooms
  • 5 Bathrooms
  • 2,979 Sq Ft
  • 7,392 Sq Ft

Description

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!

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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 $865,000
Property Type Single Family Homes
Usable Sqft 2,979
Number of Stories 1 stories
Parking Spots 1 spots
Year Built 1914
Last Sold Unknown
Sold Price Unknown
APN # A0129184G500000500002.0
MLS # T3532202
Property ID 318919667
Lot Sqft 7,392
Zoning SH-RS
Days on Market 154
Original List Price $899,999
Applicances Dishwasher, Microwave, Range, Range Hood, Refrigerator%
Date Updated November 08, 2024
Date Created June 07, 2024
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Listing Provided By

Frank Albert an agent of .


© 2024 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of November 08, 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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