This rare, turnkey four-unit boutique-style apartment building is perfectly positioned just steps from the beautiful waterfront on Bayshore Blvd and restaurants and shopping in Hyde Park Village. An exceptional investment, this property is projected to make $134,400 in gross rental income (see attachments for details on income & expenses) —… Read More three units are leased at $2,400 per month, with lease terms ending on January 31st, 2026, February 28th, 2026, and March 31st, 2026. The fourth unit operates as a successful Airbnb, bringing in approximately $4,000 per month, offering the perfect blend of long-term stability and short-term rental flexibility. Located in one of South Tampa’s most desirable neighborhoods, this property provides steady cash flow, strong rental demand, and future appreciation potential—all with NO HOA, NO flood zone, and zoning for top-rated schools. Originally built at the turn of the century, this stunning historic gem has been thoughtfully restored to preserve its character while incorporating modern upgrades. The property is a noncontributory parcel in historic Hyde Park, which means the owner is able to develop the property however they see fit without historic regulations. Recent prior renovations include new windows, refinished hardwood floors, all four new central HVAC (2022-2024), washer/dryer for each unit (private in-unit for upper units & community for lower), dishwashers in each unit, newer appliances, updated cabinetry, fresh paint, upgraded plumbing & electrical, and a newer roof (2020). Each spacious 2-bedroom, 1-bath unit (approximately 793 sq. ft.) boasts unique features, with some units featuring a Florida bonus room, second bedroom option, or private balcony. A rare find in Hyde Park, the property sits on a deep lot that accommodates 6 off-street parking spaces. Situated just minutes from Hyde Park Village, Bayshore Blvd, SoHo, the University of Tampa, Downtown Tampa, Tampa International Airport, and Tampa General Hospital, this location is unbeatable. With Tampa’s continued growth, including major development projects like Water Street Tampa, this is an ideal value-add opportunity for an investor looking to capitalize on a prime mix of short-term and long-term rental income. Read Less
Courtesy of KELLER WILLIAMS SOUTH TAMPA 813-875-3700
Listing Snapshot
Days Online
162
Last Updated
Property Type
Quadruplex
Beds
8
Square Ft.
3,170
Lot Size
0.17 Acres
Year Built
1903
MLS Number
TB8363395
30 Days Snapshot Of 33606
$964k
-14%
(avg) sold price
14
-30%
homes sold
61
-19%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Meters: 294.50, Total Number of Buildings: 1, Unit Count: 4, Building Area Units: Square Feet, Construction Materials: "Asbestos", Levels: "One", Living Area: 3170, Number Of Units Total: 4, Year Built: 1903
Expenses
Annual Expenses: $45,341
Lot
Lot Size Square Meters: 697, Total Acreage: 0 to less than 1/4, 0.17 acres, 7500 square feet, Dimensions: 60x125
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