Tampa, FL 33603

$1,091,475
10
BD
9
BA
6,455
SqFt

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Sold Price
$1,091,475
List Price
$1,350,000
Status
Sold
Days on Market
184
Closing Date
Sep 03, 2025
MLS#
TB8349274
Property Style
Multi Family
Year Built
1942
Bedrooms
10
Bathrooms
9
Living Area
6,455
Lot Size
34,790
Acres
0.80
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Cunningham
MLS Area Major
Tampa / Seminole Heights

Property Description

This is a unique investment opportunity in the heart of Tampa's historic Seminole Heights neighborhood. The combined properties at 5113 and 5115 N Central Ave span approximately 0.8 acres, making it one of the largest residential and multi-family lots in the area. Currently, the property features nine units, including two single-family homes, with the potential to convert an existing storage unit into an additional apartment, increasing rental income. It is currently self-managed with below-market rents, presenting significant upside potential through value-add improvements. The property consists of eight 1 Bedroom 1 Bath and one 2 Bedroom 1 Bath units and has steady demand. Seminole Heights is known for its historic charm, early 20th-century bungalows, tree-lined streets, and a vibrant community filled with trendy restaurants, breweries, and boutiques. As the neighborhood continues to grow in popularity and value, this expansive lot offers both immediate income and long-term appreciation potential. Don't miss out on this exceptional opportunity to own a prime asset in one of Tampa's most sought-after areas. The property has 6 buildings, consisting of 4 duplexes and 2 stand alone homes. Future Land Use R-20

Additional Information

Taxes
$11450
Annual Gross Income
115404
Community Features
Street Lights, No Deed Restriction
Property Description
Split Level, Attached
Zoning
SH-RS
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Carpet, Tile, Wood
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
Heating
Central, Electric, Space Heater, Ductless
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Asbestos, Block, Stucco, Frame
Exterior Features
Balcony, Courtyard, Fence, Private Mailbox, Sidewalk
Roof
Membrane, Shingle
Foundation
Crawlspace, Slab, Stem Wall
Pool
No Pool
Garage Features
Off Street, Open
Elementary School
Broward-Hb
Middle School
Memorial-Hb
High School
Hillsborough-HB
Pets
Allowed
Flood Zone Code
X
Parcel ID
A-01-29-18-4G2-000000-00001.0
Legal Description
CUNNINGHAM W 203 FT OF LOT 1 LOT 2 AND A STRIP OF LAND 18.64 FT WIDE LYING E OF LOT 2

Listing courtesy of COMPASS FLORIDA LLC. (305) 851-2820

Selling Office: STELLAR NON-MEMBER OFFICE.

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