$1,550,000 for Sale
2402 n highland avenue , tampa, FL 33602
Beds 8 | Baths 10 | 5,288 Sqft | 0.25 Acres |
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Property 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!
General Information
Sale Price: $1,550,000
Price/SqFt: $293
Status: Active
MLS#: TB8306044
City: tampa
Post Office: tampa
Schools: hillsborough-hb
County: Hillsborough
Subdivision: munro & mc intoshs add
Acres: 0.25
Lot Dimensions: 86 x 127
Bedrooms:8
Bathrooms:10
House Size: 5,288 sq.ft.
Acreage: 0.25 est.
Year Built: 1935
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Brick, Asphalt
Garage: No
Construction: Brick, Stucco, Wood Frame
Exterior Misc: Outbuilding, Awning(s), Courtyard, Fenced
Fireplaces: Yes
Basement: No
Foundation : Crawlspace
Appliances: Range, Refrigerator
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Wall Units / Window Unit
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $6,289
Legal Description: MUNRO AND MC INTOSH'S ADDITION E 5 FT OF LOT 9 AND LOT 10 BLOCK 11
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that 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. Listing By: Stacy Dillard of LPT REALTY, Phone: 877-366-2213