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2402 N Highland Avenue

Tampa, FL 33602
  • $1,550,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: TB8306044
$1,550,000
  • 8
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,288
    SQFT
  • $293
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1935
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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 structureall 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 accessa 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 tenantsdo 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!

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-02T08:42:36.747.
www.thenewcomergroup.com/homes/155549373
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2402 N Highland Avenue Tampa, FL 33602

  • Price: $1,550,000
  • Status: Active
  • On Site: 72 Days
  • MLS #: TB8306044
8
Beds
0
Baths
0
½ Baths
0.25
Acres
5,288
SQFT
$293
$/SQFT
1935
Built
Neighborhood:
Munro & Mc Intoshs Add
County:
Hillsborough
Area:
Tampa
Elementary School:
Graham-Hb
Middle School:
Madison-Hb
High School:
Hillsborough-Hb
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 structureall 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 accessa 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 tenantsdo 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!
Exterior Features

Attached Garage Yn No Carport Yn No Construction Materials BrickStuccoWood Frame Exterior Features OutbuildingAwning(s)CourtyardFenced Foundation Details Crawlspace Garage Dimensions 13x36 Lot Features City LotNear Public TransitSidewalk Lot Size Dimensions 86 x 127 Other Structures OutbuildingStorage Patio And Porch Features Front Porch Pool Private Yn No Road Frontage Type Street Brick Road Surface Type BrickAsphalt Roof MetalShingle View City Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances RangeRefrigerator Building Area Total 5795 Cooling Central AirWall/Window Unit(s) Cooling YN Yes Fireplace Yn Yes Flooring LaminateLinoleumLuxury VinylTileHardwood Heating CentralWall Units / Window Unit Heating YN Yes Interior Features Built-in FeaturesCeiling Fan(s)Other Laundry Features None Sewer Public Sewer Water Source Public

Property Features

Annual Net Income 55000 Association Approval Required Yn No Association Yn No Cdd Yn No Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashOtherPrivate Financing Available Minimum Lease 1 Week New Construction Yn No Number Of Pets 1 Ownership Fee Simple Pets Allowed Cats OK Planned Unit Development Yn No Property Attached YN No Property Sub Type Multi Family Realtor Info As-IsBrochure AvailableConfidentiality Letter RequiredCurrently LeasedSee AttachmentsShort Term Rental AllowedSurvey Available Senior Community Yn No Special Listing Conditions None Tax Annual Amount 6289 Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Yrs Of Owner Prior To Leasing Re No Zoning RM-24


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of LPT REALTY: 877-366-2213.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-02T08:42:36.747.
 
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