Video tour
$6,828 Closing Credit¹
#TB8321001, Eddie Serralles, Listing Office: SERRALLES GROUP,INC
$7,244
closing credit¹
505 S Delaware Ave Tampa, FL 33606
$610,000 List price
$7,244
Closing credit¹
2 beds
2 full
1,659 sqft
0.07 acres
$368 / sqft
House
Property details
About 505 S Delaware Ave
Step into this charming historical duplex in the heart of Hyde Park's sought-after historic district. Built in 1919, this property has already undergone essential updates, including modern plumbing, electrical, structural reinforcements, and a new roof, providing peace of mind for future development. The biggest expenses have been completed, so it just needs someone take it the rest of the way to completion! Currently configured as two 1-bedroom, 1-bath units, this property offers flexibility for a variety of investment strategies. With its prime location, just a short walk from Bayshore Boulevard, the Hyde Park Village shopping and dining district, and a variety of entertainment options. This duplex is perfectly positioned for high-demand rental income, whether through long-term leases, or a short term vacation rental. The top-floor unit features a bonus room, offering potential to convert the layout into a 2-bedroom, 1-bath upstairs and a 1-bedroom, 1-bath downstairs, or even a spacious single-family home. The lot includes space for convenient rear parking with alley access, adding to its appeal as a rental or residence. Situated on a cleared lot in the heart of the city, this property is not only a promising investment but also a rare opportunity to own a piece of Tampa's history. The potential ARV exceeds $1.2 million, with an estimated 0.13 ROI for long-term rentals, and even greater returns possible through short-term rentals. Don't miss out on this unique opportunity to invest in one of Tampa's most desirable neighborhoods. MULTIPLE OFFERS, HIGHEST AND BEST DUE BY TUES 2/11 9AM
Highlights
Home typeSingle Family Residence
HeatingElectric, Heat Pump
StatusActive
CoolingCentral Air, Zoned
Size1,659 sqft
Lot size0.07 Acres
Year built1919
MLS #TB8331171
FireplaceFamily Room, Wood Burning
ViewGarden
Virtual tour
Summary
- MLS Number: TB8331171
- MLS Name: MFRMLS
- Office Name: BHHS FLORIDA PROPERTIES GROUP
- Office Phone: (813) 908-8788
- Listing Agent: Kathryn Wingad
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 8:19:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$610,000
505 S Delaware Ave
$7,244
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 04, 2022 | Home Sold | $611,000 |
| Dec 02, 2004 | Home Sold | $220,000 |
| Jan 10, 2003 | Home Sold | $175,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $329,688 | $6,404 |
| 2022 | $310,406 | $5,476 |
| 2021 | $273,668 | $5,476 |
| 2020 | $259,852 | $5,470 |
| 2018 | $216,904 | $4,439 |
| 2017 | $197,917 | $4,085 |
History based on county public records data.
Nearby schools
9
John Gorrie Elementary School
Public District KG-5
0.2 mi
•705 W De Leon St
9
Henry Mitchell Elementary School
Public District KG-5
1.2 mi
•205 S Bungalow Park Ave
4
Dunbar Elementary Magnet School
Public Magnet KG-5
1.3 mi
•1730 W Union St
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 $59,491. Typical income of Tampa, FL residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
8%
<35k
79%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
81%
Single, No Kids
4%
Single, with Kids
9%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
3%
12-17 yrs old
49%
18-34 yrs old
38%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Tennis
Music Concerts
Hiking/backpacking
Where do the neighbors shop?
Crate & Barrel
H&M
Bloomingdales
Where do the neighbors go to eat?
Starbucks
Chipotle
Jack In The Box
What do the neighbors drive?
BMW
Volkswagen
Audi
What do the neighbors listen to?
News
Rhythmic Contemporary Hits- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 505 S Delaware Ave
This home is located at 505 S Delaware Ave in Tampa, FL and zip code 33606 in the Historic Hyde Park neighborhood. This 1,659 square foot home, which was built in 1919, sits on a 0.07 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $610,000.
Over 66 listings were sold over their listed price in January 2025 in Tampa, FL. In the same period over 291 listings were sold below the listed price and 118 listings were sold for the listed price. In January 2025 in Tampa, FL there were 8% more homes for sale than in December. Listings spent 52 days on the market in January 2025, and had a median list price of $428,820 during the same period.
From Rocket Homes Real Estate and based on county public records data.