Address not disclosed - MLS#TB8349274 Tampa, FL 33603
Property details
About This Home
This is a unique investment opportunity in the heart of Tampa's historic Seminole Heights neighborhood. The combined properties at 5113 and 5115 N Central Ave span approximately 0.8 acres, making it one of the largest residential and multi-family lots in the area. Currently, the property features nine units, including two single-family homes, with the potential to convert an existing storage unit into an additional apartment, increasing rental income. It is currently self-managed with below-market rents, presenting significant upside potential through value-add improvements. The property consists of eight 1 Bedroom 1 Bath and one 2 Bedroom 1 Bath units and has steady demand. Seminole Heights is known for its historic charm, early 20th-century bungalows, tree-lined streets, and a vibrant community filled with trendy restaurants, breweries, and boutiques. As the neighborhood continues to grow in popularity and value, this expansive lot offers both immediate income and long-term appreciation potential. Don't miss out on this exceptional opportunity to own a prime asset in one of Tampa's most sought-after areas. The property has 6 buildings, consisting of 4 duplexes and 2 stand alone homes. Future Land Use R-20
Highlights
Virtual tour
Summary
- MLS Number: TB8349274
- MLS Name: MFRMLS
- Office Name: COMPASS FLORIDA, LLC
- Office Phone: (212) 913-9058
- Listing Agent: Bradley Goldfinger
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Last updated on: 2/21/2025, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,500,000
Address not disclosed
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Chiaramonte Elementary School
Public District PK-5
0.5 mi
•6001 S Himes Ave
5
Anderson Elementary School
Public District KG-5
0.9 mi
•3910 W Fair Oaks Ave
6
Sidney Lanier Elementary School
Public District KG-5
1.0 mi
•4704 W Montgomery 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 $41,399. The majority of Tampa, FL residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Tennis
Where do the neighbors shop?
IKEA
Banana Republic
Crate & Barrel
Where do the neighbors go to eat?
Quiznos
Jack In The Box
Starbucks
What do the neighbors drive?
Lexus
Toyota
BMW
What do the neighbors listen to?
Soft Adult Contemporary
Jazz
News
This 6,455 square foot home, which was built in 1942, sits on a 0.80 acre lot. Features: 10 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since February 13, 2025 and is currently priced at $1,500,000.
While more than 66 listings in Tampa, FL in January 2025 were sold above asking price, there were more than 118 listings sold at asking price, and more than 291 were sold below. The inventory of homes for sale in Tampa, FL between December and January 2025 increased by 8%. The median list price of listings available in January 2025 was $428,820, while the average time on the real estate market was 52 days.