#TB8328854, Kari Kurtz, Listing office: AKA COMMERCIAL REALTY
$1,750,000 List price
1720 W Hills Ave Tampa, FL 33606
8 beds
4 baths
3,170 sqft
0.2 acres
$552 / sqft
Multi-Family
Property details
About 1720 W Hills Ave
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) — 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.
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size3,170 sqft
Lot size0.17 Acres
Year built1903
MLS #TB8363395
Virtual tour
Summary
- Appliances: Dishwasher, Range, Refrigerator, Washer
- Interior: Other
- Total Bedroom Count: 8
- Private Pool: No
- Exterior: Other
- Heating: Central
- Cooling: Central Air
- List Price: $1,750,000
- Price/SqFt: $552
- HOA Amount: $0
- Annual Tax Amount: $14,914
- Tax Year: 2023
- Directions: Traveling north on Bayshore Blvd, take a left on S Gunby Ave. Turn right onto W Hills Ave and the property is on your right.
- Year Built: 1903
- Living Area: 3,170 SqFt
- Lot Size: 0.17 Acres
- MLS Number: TB8363395
- MLS Name: MFRMLS
- Office Name: KELLER WILLIAMS SOUTH TAMPA
- Office Phone: (813) 875-3700
- Listing Agent: Robbie Henderson, III
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively 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. Properties displayed may be listed or sold by various participants in the MLS.
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Last updated on: 7/24/2025, 9:34:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 26, 2021 | Home Sold | $1,090,000 |
| Jan 27, 2020 | Home Sold | $812,500 |
| Oct 03, 2017 | Home Sold | $575,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $767,887 | $14,914 |
| 2022 | $730,806 | $14,287 |
| 2021 | $617,942 | $14,287 |
| 2020 | $591,055 | $12,354 |
| 2018 | $426,278 | $8,815 |
| 2017 | $399,659 | $8,181 |
History based on county public records data.
Nearby schools
8
John Gorrie Elementary School
Public District KG-5
0.9 mi
•705 W De Leon St
7
Henry Mitchell Elementary School
Public District KG-5
1.1 mi
•205 S Bungalow Park Ave
10
Roosevelt Elementary School
Public District KG-5
1.5 mi
•3205 S Ferdinand Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,662. Residents of Tampa, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
23%
<35k
51%
35k-100k
13%
100k-200k
13%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
70%
Single, No Kids
4%
Single, with Kids
16%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
5%
12-17 yrs old
32%
18-34 yrs old
46%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Live Theatre
Hiking/backpacking
Where do the neighbors shop?
H&M
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Boston Market
Starbucks
What do the neighbors drive?
Volkswagen
Mercedes
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits
News- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1720 W Hills Ave
The listing price of 1720 W Hills Ave property is $1,750,000.
The property 1720 W Hills Ave is a multi located in Tampa, Florida, 33606.
Active Listing: 1720 W Hills Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1720 W Hills Ave are: John Gorrie Elementary School (GreatSchools Rating 8/10), Henry Mitchell Elementary School (GreatSchools Rating 7/10), Roosevelt Elementary School (GreatSchools Rating 10/10), Bridgeprep Academy of Tampa (GreatSchools Rating 2/10), Wilson Middle School (GreatSchools Rating 8/10), Rampello K-8 Magnet School (GreatSchools Rating 7/10), Henry Bradley Plant High School (GreatSchools Rating 7/10), Howard W. Blake High School (GreatSchools Rating 3/10), Hillsborough Virtual Instruction Course Offerings (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $14,914 (source: MLS/based on county public records data).
The last sale was on March 26, 2021 for $1,090,000 (source: MLS/tax record).
The property 1720 W Hills Ave is 3,170 SqFt (source: MLS/tax record).
The year of construction for 1720 W Hills Ave is 1903.
This home is located at 1720 W Hills Ave in Tampa, FL and zip code 33606 in the Historic Hyde Park neighborhood. This 3,170 square foot home, which was built in 1903, sits on a 0.17 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $1,750,000.
While more than 144 listings in Tampa, FL in June 2025 were sold above asking price, there were more than 168 listings sold at asking price, and more than 476 were sold below. The number of listings in Tampa, FL decreased by 1.9% between May and June 2025. While the average time on the market in June 2025 was 45 days, the median list price was $430,387.
From Rocket Homes Real Estate and based on county public records data.