609 W Azeele St Tampa, FL 33606
Hyde Park NeighborhoodEstimated payment $8,647/month
Highlights
- Popular Property
- No HOA
- Laundry closet
- Gorrie Elementary School Rated A-
- Courtyard
- Central Heating and Cooling System
About This Home
Rare 4-unit fully furnished income property in the heart of Hyde Park, Tampa! Located just a two-minute walk from Bayshore Boulevard, this exceptional quadplex presents an incredible opportunity to own a high-performing asset in one of Tampa’s most desirable and walkable neighborhoods. Zoned RO-1 (Residential Office), the property allows for a unique blend of commercial office or residential use, offering long-term flexibility and value rarely found in Hyde Park. The property features two structures — a main house with three units and a detached ADU (casita) that is separately metered for electricity. This income-producing property includes four fully furnished, rent-ready units generating a combined $10,874 in monthly income. Unit 1: 2 Bed / 2 Bath | Projected $3,000/month (Currently being renovated). Unit 2: 2 Bed / 2 Bath | Projected $4,000/month (Upstairs Airbnb). Unit 3: 1 Bed / 1 Bath | $2,10/month (Lease ends October 2025). Unit 4: 1 Bed / 1 Bath | $1,774/month (Detached Casita – Long-term tenant through June 30, 2026). With a total annual income of $130,488 and a prime location in Tampa’s urban core, this property stands out as a premier investment opportunity. Its unbeatable location, proven rental performance, and rare mixed-use zoning make it ideal for investors seeking consistent income, appreciation potential, or a hybrid office-residential setup in the heart of Hyde Park.
Listing Agent
FRANK ALBERT REALTY Brokerage Phone: 813-546-2503 License #3429364 Listed on: 10/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,957
Year Built
- Built in 1906
Lot Details
- 5,800 Sq Ft Lot
- Lot Dimensions are 58x100
- Street paved with bricks
Home Design
- Quadruplex
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,080 Sq Ft Home
- Ceiling Fan
- Decorative Fireplace
- Crawl Space
- Laundry closet
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Outdoor Features
- Courtyard
Schools
- Gorrie Elementary School
- Wilson Middle School
- Plant High School
Utilities
- Central Heating and Cooling System
- Mini Split Air Conditioners
- Thermostat
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 3 / 3
- Assessor Parcel Number A-24-29-18-4ZX-000003-00003.0
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 4 Units
- Packwood Subdivision
Building Details
- Gross Income $128,688
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $18,957 | $988,700 | $342,200 | $646,500 |
| 2023 | $18,069 | $934,500 | $311,750 | $622,750 |
| 2022 | $11,137 | $599,400 | $249,400 | $350,000 |
| 2021 | $10,134 | $507,569 | $201,550 | $306,019 |
| 2020 | $7,646 | $410,016 | $175,450 | $234,566 |
| 2019 | $6,774 | $332,372 | $175,450 | $156,922 |
| 2018 | $2,614 | $165,278 | $0 | $0 |
| 2017 | $2,580 | $271,820 | $0 | $0 |
| 2016 | $5,446 | $261,915 | $0 | $0 |
| 2015 | $5,002 | $244,884 | $0 | $0 |
| 2014 | $5,002 | $237,719 | $0 | $0 |
| 2013 | $5,278 | $246,310 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/23/2025 10/23/25 | For Sale | $1,350,000 | +22.7% | $438 / Sq Ft | |
| 12/09/2022 12/09/22 | Sold | $1,100,000 | -8.3% | $357 / Sq Ft | View Prior Sale |
| 11/29/2022 11/29/22 | Pending | -- | -- | -- | |
| 10/11/2022 10/11/22 | For Sale | $1,200,000 | +89.0% | $390 / Sq Ft | |
| 09/16/2020 09/16/20 | Sold | $635,000 | -15.3% | $241 / Sq Ft | View Prior Sale |
| 09/02/2020 09/02/20 | Pending | -- | -- | -- | |
| 07/31/2020 07/31/20 | For Sale | $750,000 | 0.0% | $284 / Sq Ft | |
| 07/19/2020 07/19/20 | Pending | -- | -- | -- | |
| 01/02/2020 01/02/20 | For Sale | $750,000 | +18.1% | $284 / Sq Ft | |
| 01/01/2020 01/01/20 | Off Market | $635,000 | -- | -- | |
| 10/04/2019 10/04/19 | Price Changed | $750,000 | -6.3% | $284 / Sq Ft | |
| 04/17/2019 04/17/19 | For Sale | $800,000 | 0.0% | $303 / Sq Ft | |
| 04/02/2019 04/02/19 | Pending | -- | -- | -- | |
| 01/02/2019 01/02/19 | For Sale | $800,000 | +26.0% | $303 / Sq Ft | |
| 01/01/2019 01/01/19 | Off Market | $635,000 | -- | -- | |
| 02/23/2018 02/23/18 | Price Changed | $800,000 | +14.3% | $303 / Sq Ft | |
| 02/15/2018 02/15/18 | Price Changed | $700,000 | -6.7% | $265 / Sq Ft | |
| 01/01/2018 01/01/18 | For Sale | $750,000 | +18.1% | $284 / Sq Ft | |
| 01/01/2018 01/01/18 | Off Market | $635,000 | -- | -- | |
| 12/19/2016 12/19/16 | For Sale | $750,000 | -- | $284 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,100,000 | Title Agency Of Florida | |
| Warranty Deed | $635,000 | Attorney | |
| Warranty Deed | $67,476 | None Available | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $950,000 | South Tampa Title Company | |
| Warranty Deed | $1,000,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $856,000 | Seller Take Back | |
| Previous Owner | $712,500 | Commercial | |
| Previous Owner | $800,000 | Commercial | |
| Previous Owner | $163,000 | Commercial |
Source: Stellar MLS
MLS Number: TB8440289
APN: A-24-29-18-4ZX-000003-00003.0
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