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236 W North St
For Sale $1,200,000 ($442.31 per Sq Ft)
$1,200,000 ($442.31 per Sq Ft)
- 6 Bedrooms
- 4 Bathrooms
- 2,713 Sq Ft
- 5,490 Sq Ft
Description
Value-Add Quadplex with Short-Term Rental Upside – Tampa Investment Opportunity
Prime multifamily investment opportunity in the rapidly expanding Tampa market. This 4-unit property presents investors with a rare chance to acquire a stabilized asset with significant upside through repositioning into short-term rentals (Airbnb/VRBO), furnished rentals, or corporate housing.
Each unit offers an ideal layout for short-term guests, traveling professionals, or extended-stay tenants. Tampa’s strong tourism industry, year-round events, and growing population continue to drive exceptional demand for short-term accommodations, creating a powerful income optimization opportunity for investors.
Strategically located with convenient access to Downtown Tampa, Raymond James Stadium, Midtown, Ybor City, Tampa International Airport, and major highways, the property is well positioned to attract both leisure and business travelers.
Investors have the ability to operate as traditional multifamily or reposition units to short-term rentals to unlock significantly higher revenue potential, with projected performance supporting an estimated cap rate exceeding 10 + after value-add improvements and optimized short-term rental operations.
Investment Highlights
• 4-unit multifamily property
• Strong value-add opportunity
• Ideal for Airbnb / VRBO / furnished rentals
• High-demand Tampa rental market
• Excellent location near major attractions and employment hubs
• Projected double-digit cap rate potential after value-add
This is an excellent opportunity for investors seeking to reposition a multifamily asset into a high-performing short-term rental property in one of Florida’s fastest-growing markets.
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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
Property Details
| List Price | $1,200,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 2,713 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1925 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | A3628184FB00000000577.0 |
| MLS # | TB8483186 |
| Property ID | 319020891 |
| Lot Sqft | 5,490 |
| Zoning | SH-RS |
| Days on Market | 93 |
| Original List Price | $1,200,000 |
| Applicances | Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Washer% |
| Date Updated | March 06, 2026 |
| Date Created | March 01, 2026 |
Listing Provided By
Eriola Goldman an agent of . Lic #3314901
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of March 06, 2026 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