$1,350,000
$150K PRICE DROP

Tampa, FL 33603

Seminole Heights Neighborhood

Estimated payment $8,475/month

Total Views 14,734
10 Beds
9 Baths
6,455 Sq Ft
$209 Price per Sq Ft

Highlights

  • 0.8 Acre Lot
  • Wood Flooring
  • Balcony
  • Hillsborough High School Rated A-
  • No HOA
  • Front Porch

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

Listing Agent

Brad Goldfinger

COMPASS FLORIDA LLC License #3184996 Listed on: 02/12/2025

COMPASS FLORIDA LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,450

Year Built

  • Built in 1942

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 140x248.5
  • Fenced

Home Design

  • Split Level Home
  • Property Attached
  • Slab Foundation
  • Stem Wall Foundation
  • Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Block Exterior
  • Asbestos
  • Stucco

Interior Spaces

  • 6,455 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Courtyard
  • Outdoor Storage
  • Private Mailbox
  • Front Porch

Schools

  • Broward Elementary School
  • Memorial Middle School
  • Hillsborough High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Space Heater
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number A-01-29-18-4G2-000000-00001.0

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 9 Units
  • Cunningham Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Dogs Allowed

Building Details

  • 10 Separate Electric Meters
  • 1 Separate Water Meter
  • Operating Expense $39,696
  • Gross Income $115,404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,450

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Asbestos, Block, Stucco, Frame
  • Fireplace: No
  • Living Area: 6455
  • Lot Size Acres: 0.8
  • New Construction: No
  • Year Built: 1942
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 34790
  • Tenant Pays: Electricity, Gas
  • Directions to Property: On I275 Exit West on Hillsborough Ave, head south on N Central Ave, property is on the east side of the road.
  • Status: Active
  • Street Direction: N
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 169647934
  • RATIO Current Price By Calculate: 209.14
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Crawlspace, Slab, Stem Wall
  • Total Bedrooms: 10
  • Levels: Multi/Split
  • Street Number Modifier: 5113
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 599.69

Exterior Features

  • Other Structures: Storage
  • Exterior Features: Balcony, Courtyard, Fence, Private Mailbox, Sidewalk
  • Roof: Membrane, Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Rear Porch
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Off Street, Open

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Electric, Space Heater, Ductless
  • Laundry Features: Common Area, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric,Gas

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Broward-HB
  • High School: Hillsborough-HB
  • Middle Or Junior School: Memorial-HB

Lot Info

  • Zoning: SH-RS
  • Parcel Number: A-01-29-18-4G2-000000-00001.0
  • Additional Parcels: No
  • Lot Dimensions: 140x248.5
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 3232

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Dogs OK
  • Total Actual Rent: 9617
  • Lease Restrictions YN: 0

Multi Family

  • Gross Income: 115404
  • Number Of Units Total: 9
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Water Meters: 1
  • Total Num Buildings: 6
  • Unit Count: 7

Tax Info

  • Tax Annual Amount: 11450.31
  • Tax Block: 0
  • Tax Book Number: 5-10
  • Tax Lot: 1

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Price Changed $1,350,000 -2.9% $209 / Sq Ft
04/04/2025 04/04/25 Price Changed $1,390,000 -7.3% $215 / Sq Ft
02/12/2025 02/12/25 For Sale $1,500,000 -- $232 / Sq Ft
Source: Stellar MLS

Similar Homes in Tampa, FL

  • 8413 N Hamner Ave, Tampa, FL 33604

    $1,199,500

    • 11 Beds
    • 10 Baths
    • 3,309 Sq Ft
    • 8413 N Hamner Ave
    • Tampa, FL

    MOTIVATED SELLER! PRICED TO SELL! This versatile one of a kind 10-unit multifamily property offers an excellent investment opportunity in Tampa, just moments from Downtown and the scenic Hillsborough River. Situated in a vibrant neighborhood, this property combines convenience and potential for strong rental income. Fully Occupied! CASH COW!The property features a mix of unit types, including:

    Daven Henry LPT REALTY, LLC

    Section Image
  • 4213 W Cayuga St, Tampa, FL 33614

    $1,499,999

    • 9 Beds
    • 8 Baths
    • 6,450 Sq Ft
    • 4213 W Cayuga St
    • Tampa, FL

    Well positioned Tampa industrial property in the heart of the Airport warehousing district. Prime land on Cayuga St. and also has back road access to N Thatcher Ave. This listing includes 3 properties & separate parcels, 4213, 4215 and 4217 W. Cayuga St. Long time rental units with 6 currently rented. Zoned IG (Industrial General) so owner will have many options. Prime land close to the Airport

    Matt Pereira AGILE GROUP REALTY

    Section Image
  • 8431 Camden St, Tampa, FL 33614

    $950,000

    • 8 Beds
    • 8 Baths
    • 3,680 Sq Ft
    • 8431 Camden St
    • Tampa, FL

    GREAT Investment Opportunity generating an approximate 6.29% cap rate on list price with established tenants with 2+ years of rental history. The well maintained Quadplex features 4 - 2bd/2ba 920 sq ft single story units and is in a very convenient location with easy access to N Dale Mabry, Veterans and 275- close to schools, shopping, dining and the stadium. All units are currently occupied-

    James Fletcher REDFIN CORPORATION

    Section Image
See All Homes in Tampa

Source: Stellar MLS

MLS Number: TB8349274

Stellar MLS

APN: A0129184G2000000000010

Florida Hillsborough County Tampa 33603

Seminole Heights

This home and is currently priced at $1,350,000, approximately $209 per square foot. This property was built in 1942. This home is a home located in Hillsborough County with nearby schools including Broward Elementary School, Memorial Middle School, and Hillsborough High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes
Brad Goldfinger
Listing Agent
Brad Goldfinger
Section Image
COMPASS FLORIDA LLC
(813) 817-0137