#R4908021, Bonnie Scott, Listing Office: WHITEHOUSE MANAGEMENT & REALTY
2402-2404 N Highland Ave Tampa, FL 33602
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
Summary
- MLS Number: TB8306044
- MLS Name: MFRMLS
- Office Name: LPT REALTY
- Office Phone: (877) 366-2213
- Listing Agent: Stacy Dillard
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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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$1,600,000
2402-2404 N Highland Ave
$10,000
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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.
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.
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.