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Stacy Dillard

stacy@dillardrealtygroup.com +1(813) 298-7696

$ 1,350,000

Est. payment | -/mo

8 Beds

10 Baths

5,288 SqFt

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$ 1,350,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

10 Baths

5,288 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,288 sqft

Price per Sqft $255

Subdivision Munro & Mc Intoshs Add

MLS Listing ID TB8551435

Bedrooms 8

HOA Y/N No

Year Built 1935

Annual Tax Amount $7,527

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 86 x 127

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

BUILDERS & INVESTORS: One of the last large, parcels available in TAMPA HEIGHTS, -one of the most vibrant and fastest-growing neighborhoods in Tampa! ZONED RM-24 with 10,922 sq ft LOT on the corner of N Highland and W Frances with an alley access on the North Side. EXCELLENT DEVELOPMENT OPPORTUNITY. Property currently has TWO SINGLE FAMILY HOMES, a DETACHED GARAGE/STORAGE building and a SIX UNIT APARTMENT BUILDING with FOUR Studio/Efficiencies PLUS TWO Large, ONE BEDROOM/ONE BATH units. Built in 1935, 1940, and 1946. Each unit and both homes are separately metered and tenants pay all utilities except water/sewer and small gas bill. This property has not changed ownership since 1960. The owner currently offers these units at below-market rental rates, determined on a case-by-case basis, with MTM terms and has used this property as a service in the community for the past 15 years. Short-term rentals are allowed. The property's size and location present a unique development opportunity in one of Tampa Bay's fastest-growing neighborhoods. Amazing Location in booming Tampa Heights with multiple new construction and business projects underway. Located just ONE BLOCK FROM THE KAMINGO, an innovative and a modern mixed-use residential/retail development, slated to open in 2027; 2402 N Highland Ave is surrounded by significant new construction, redevelopment, and investment. The proximity of this parcel to the many Tampa Heights Properties in development now, gives new energy to the possibilities of its future use. Just a few blocks from Armature Works, the scenic Tampa Riverfront Waterworks park, Highland Park, the YMCA, Perry Harvey Sr. Parks' skatepark, a variety of shopping options, entertainment hubs, fine dining, as well as cultural/artistic venues and a short walk or bike ride to the river. With easy access to Downtown Tampa, Ybor City, and Tampa International Airport, the location is ideal for both residents and investors. As the area's progress continues, opportunities like this are becoming increasingly rare. Seller will consider financing with a minimum of HALF of the purchase price down. Seller will only consider holding a short term, FIRST Mortgage ONLY (NOT a 2nd). Please respect the privacy of the current tenants, DO NOT TRESPASS, or engage with them. Showings are available BY APPOINTMENT ONLY, with a MINIMUM 72-HOUR lead time to make arrangements with the tenants. SIGHT UNSEEN OFFERS WILL NOT BE SERIOUSLY CONSIDERED. (some individual unit sq ft, expenses and projected rent estimated. Buyer shall verify)

Location

State FL

County Hillsborough

Community Munro & Mc Intoshs Add

Area 33602 - Tampa

Zoning RM-24

Interior

Interior Features Eat-in Kitchen

Heating Central, Ductless

Cooling Central Air, Wall/Window Unit(s)

Furnishings Partially

Fireplace false

Laundry Other

Exterior

Exterior Feature Outbuildings, Courtyard

Garage Spaces 1.0

Utilities Available BB/HS Internet Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected

View Y/N No

Water Access No

Roof Type Metal,Shingle

Porch Porch

Attached Garage false

Garage true

Private Pool No

Building

Lot Description City Limits, Level, Near Public Transit, Oversized Lot, Sidewalk, Street Brick

Foundation Crawlspace, Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Concrete,Wood Siding

New Construction false

Schools

Elementary Schools Graham-Hb

Middle Schools Madison-Hb

High Schools Hillsborough-Hb

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Owner Financing

Listing Terms Cash, Owner Financing

Special Listing Condition None

Virtual Tour https://realestate.febreframeworks.com/videos/01a0d476-919b-734c-bce6-c2a642f6fa9c

Listed by Stacy Dillard LPT REALTY, LLC

NEARBY SCHOOLS & PROPERTIES

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(813) 298-7696

stacy@dillardrealtygroup.com

Tampa Bay Area, Florida

2402 N HIGHLAND AVE Tampa, FL 33602

Stacy Dillard

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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2402 N HIGHLAND AVE