620 Winham Street, Tampa, FL 33619

$675,000
7
BD
8
BA
3,869
SqFt

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Sold Price
$675,000
List Price
$675,000
Status
Sold
Days on Market
17
Closing Date
Sep 08, 2025
MLS#
N6139553
Property Style
Multi Family
Year Built
1970
Bedrooms
7
Bathrooms
8
Living Area
3,869
Lot Size
60,548
Acres
1.39
Total Acreage
1 to less than 2
Legal Subdivision Name
Adamo Acres Unit 01
MLS Area Major
Tampa / Palm River / Progress Village

Property Description

INCOME GENERATING OPPORTUNITY….. CAN GENERATE OVER 100K A YEAR IN REVENUE…….. 3 DUPLEXES AND A HOUSE WITH ROOM TO SUBDIVIDE AND BUILD MORE UNITS….. ALL LONG-TERM TENANTS with only one vacancy…….. Located just minutes from Downtown Tampa, Ybor City, and the Port of Tampa, this rare multi-unit estate offers unmatched potential in one of the city’s fastest-growing corridors. Are you looking for an investment project with massive upside? This is it. Sitting on nearly an acre and a half of land—not in a flood zone—this opportunity is perfect for anyone looking to secure a long-term income-producing asset in Florida without the added risk of flood insurance. The property currently consists of 3 duplexes and a single-family home, all occupied by long-term tenants, with just one vacancy. Rents are currently way below market value and its currently generating a little over 60k, and with some TLC and updates, the projected income could easily reach $115,000+ annually, not including the potential to subdivide and build additional units on-site. With the owner relocating, the door is open for the next savvy investor to take over and elevate this portfolio to its highest and best use. Whether you're expanding your portfolio or just getting started, this one checks all the boxes. If you’d like to view the property, please contact your local agent and allow 24 to 48 hours for access to the leased units.

Additional Information

Taxes
$4248
Annual Gross Income
61800
Location
City Limits, Level, Oversized Lot, Paved
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RDC-12
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Appliances
Dryer, Range, Refrigerator, Washer
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block, Stucco
Exterior Features
Other
Roof
Other, Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
1 Car Carport, None
Garage Features
Driveway, Guest, None, Off Street, On Street, Open, Parking Pad
Pets
Allowed
Flood Zone Code
X
Parcel ID
U-23-29-19-ZZZ-000001-51140.0
Legal Description
TRACT BEG 260 FT N AND 25 FT W OF SE COR OF W 1/2 OF NW 1/4 OF SW 1/4 AND RUN W 100 FT N 70 FT E 100 FT AND S 70 FT TO BEG &COMM SE COR OF W 1/2 OF NW 1/4 OF SW 1/4 N ALONG E BDY OF W 1/2 OF NW 1/4 OF SW 1/4 30 FT W TO A PT ON W R/W BDY OF 63 RD ST S 25 FT FOR POB N 85 FT W 101 FT S 84.5 FT TO A PT ON N R/W OF PALM RIVER RD E ON N BDY OF PALM RIVER RD TO POB & TRACT BEG 30 FT N & 25 FT W OF SE COR OF W 1/2 OF NW 1/4 OF SW 1/4 AND RUN N 260 FT W 100 FT N 70 FT W 205 FT S 100 FT E 103 FT S 15 FT E 101 FT S 184.5 FT E 101.1 FT TO BEG LESS R/W ON S LESS S 85 FT

Listing courtesy of KELLER WILLIAMS ON THE WATER S. 941-803-7522

Selling Office: A-CASA REALTY GROUP & ASSOC..

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