For Sale, USD 610,000
505 S Delaware Avenue, Tampa FL 33606, Tampa, Florida, United States
Property Type : Single Family Home
Property Style : N/A
Build Size : 1,659 ft² / 154 m²
Land Size : N/A
Bedroom : 2
Bathroom : 2
Half Bathroom : 0
MLS#: N/A
Property Description
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
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505 S Delaware Avenue, Tampa FL 33606, United States,Florida,Tampa is a 1,659ft² Tampa luxury Single Family Home listed for sale USD 610,000. This high end Tampa Single Family Home is comprised of 2 bedrooms and 2 baths. Find more luxury properties in Tampa or search for luxury properties for sale in Tampa.