Investor’s Dream Near Raymond James Stadium!
Discover this versatile income-producing property in Tampa, just minutes from Raymond James Stadium and Steinbrenner Field. Originally a 3-bedroom, 2-bath home, this property has been thoughtfully converted into two studio apartments, one 1-bedroom apartment, and a main living space with 2 Bedrooms and 1 bath.
Current NOI is $36k with a 6.5% Cap Rate, and units are on month-to-month leases at below-market rates. With a Potential Gross Income (PGI) of $64K annually based on current rental market valuation, the property offers a potential of 11.5% Cap Rate.
Updated roof (2021) + solar panels for energy efficiency.
Prime location – close to highways, shopping, dining, and major attractions.
Spacious parking for tenants and guests.
Endless potential for short-term or long-term rentals.
With a motivated seller and multiple income streams, this property is a true investor’s gem in one of Tampa’s hottest rental markets.
The income description goes here to explain
| List Price | $550,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 2,028 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 2002 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | A1029183J500005100012.0 |
| MLS # | TB8418630 |
| Property ID | 315523564 |
| Lot Sqft | 5,562 |
| Zoning | RS-50 |
| Days on Market | 111 |
| Original List Price | $550,000 |
| Applicances | Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer% |
| Date Updated | October 04, 2025 |
| Date Created | August 22, 2025 |
Yalietza Marmolejos an agent of COLDWELL BANKER REALTY.
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of October 04, 2025 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.
Robert Crawford
REAL ESTATE AGENT