$1,600,000

2402-2404 N Highland Ave Tampa, FL 33602

$10,000
Closing credit¹
8 beds
10 baths
5,288 sqft
0.3 acres
$303 / sqft
Multi-Family

Property details

About 2402-2404 N Highland Ave

**8 UNITS** 2 Single Family Homes PLUS 6 unit Apartment Building on this site, Plus Garage/Storage Building that could be added to the rent roll. (**This property did NOT Flood during the recent storms, and had NO water intrusion.) This is one of the few original Residential Compounds left untouched in Tampa Heights. Exceptional Tampa Heights Opportunity for Fix and Hold or 6 TH Development. 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 been intended to maximize rental profits. Discover this stunning Tampa Heights Residential Compound featuring two charming, original single-family homes, an additional building with six apartments, and a separate garage/storage structure—all 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 access—a trait it retains today. 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. 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. Please respect the privacy of the current tenants—DO NOT TRESPASS or engage with tenants or people onsite. You MUST have an appointment to tour the property or walk on site. Property is monitored with cameras that include audio and alert system. Showings are available by APPOINTMENT ONLY with a 48-HOUR NOTICE. (Depending upon the buyer's offer, Seller may entertain 'Seller Financing' with a substantial down payment and favorable terms.)

Highlights

Home typeMulti Family
HeatingCentral, Window Unit(s)
StatusActive
CoolingCentral Air, Wall/Window Unit(s)
Size5,288 sqft
Lot size0.25 Acres
Year built1935
MLS #TB8306044
ViewCity

Summary

  • MLS Number: TB8306044
  • MLS Name: MFRMLS
  • Office Name: LPT REALTY
  • Office Phone: (877) 366-2213
  • Listing Agent: Stacy Dillard

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IDX 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: 3/13/2025, 11:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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aerial view

$1,600,000

2402-2404 N Highland Ave

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

8

Patricia Sullivan Metropolitan Ministries Partnership School

Public District KG-5

0.3 mi

102 E Palm Ave

3

Tampa Heights Elementary Magnet

Public Magnet KG-5

0.6 mi

305 E Columbus Dr

4

B. C. Graham Elementary School

Public District KG-5

0.8 mi

2915 N Massachusetts Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $27,143. The majority of Tampa, FL residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

53%
<35k
38%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

59%
Single, No Kids
16%
Single, with Kids
17%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
45%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • IKEAIKEA
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • Jack In The BoxJack In The Box
  • ChipotleChipotle

What do the neighbors drive?

  • LexusLexus
  • ToyotaToyota
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 2402-2404 N Highland Ave in Tampa, FL and zip code 33602 in the Tampa Heights neighborhood. This 5,288 square foot home, which was built in 1935, sits on a 0.25 acre lot. Features: 8 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $1,600,000.

While more than 75 listings in Tampa, FL in February 2025 were sold above asking price, there were more than 130 listings sold at asking price, and more than 353 were sold below. The number of homes for sale in Tampa, FL increased by 8.7% between January and February 2025. The median list price of listings available in February 2025 was $429,661, while the average time on the real estate market was 57 days.

From Rocket Homes Real Estate and based on county public records data.

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