NOT LISTED FOR SALE
2 Beds
1 Bath
3,328 Sq Ft
10,598 Sq Ft Lot

Last Sold March 17, 2021

Last sale price $615,000 $185 Per Sq Ft

10 Days on Market

Highlights

  • Guest House
  • City View
  • Wood Flooring
  • Middleton High School Rated A-
  • Property is near public transit
  • Covered Patio or Porch

About This Home

As of March 2021

PLEASE DO NOT DISTURB TENANTS! Looking for a great multi-family investment in Seminole Heights? Take a VIRTUAL TOUR of this stunning, one-of-a-kind quadplex (copy and paste link into browser): https://view.ricohtours.com/60c2085b-c839-4532-bf3f-f24589cd771d ---

This is not your standard, cookie-cutter quad. You'll find that each unit has it's own unique identity and maximizes every inch of available space. Three of the four units have their own private yards and each unit has access to two parking spots. Units metered individually so that tenants are responsible for their own electric bills. Owner pays for water. Units are held as long-term rentals but can easily be used as short-term rentals for AirBnB. ACTUAL AIRBNB GROSS INCOME WAS $74,400 IN 2019 (pre-COVID). THERE ARE MULTIPLE OPPORTUNITIES TO INCREASE REVENUE AND PROFIT. Please have your realtor provide the included attachments.

All four units leased to great tenants who have taken exceptional care of their units and the grounds. Units A & B rented well below market due to the long-term nature of the tenants. Storage on the ground floor of bldg 2 (currently rented for $200/mo, month-to-month) is unfinished, unheated square footage. Property is zoned for up to 10 UNITS-- the next owner can convert this additional 1,064sqft space into AT LEAST one more income-producing unit! A savvy investor can leverage the unrealized potential for growth in the area, as well as capitalize on the opportunity in the unfinished space in bldg 2. Your neighbors under construction, The Courtyard at Seminole Heights, are already on the market for over 500k per unit. Ask your realtor to share the attached site plans with you. Lot behind home is vacant. MAJOR SYSTEMS: BLDG 1- HVAC, PLUMBING, ELECTRICAL AND ROOF REPLACED 2017, BLDG 2- PLUMBING & ELECTRICAL UPDATED, NEW HVAC IN C 2019 (unit D has wall units), NEW ROOF 2019.

Last Agent to Sell the Property

Alicia Deer

REALNET FLORIDA REAL ESTATE License #3417778 Listed on: 01/25/2021

REALNET FLORIDA REAL ESTATE

Last Buyer's Agent

Robert Mitchell II

LPT REALTY, LLC License #3351668

LPT REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,867

Year Built

  • Built in 1923

Lot Details

  • 10,598 Sq Ft Lot
  • Lot Dimensions are 72x145

Home Design

  • Quadruplex
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 3,328 Sq Ft Home
  • Wood Flooring
  • City Views
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Additional Homes

  • Guest House

Location

  • Property is near public transit
  • City Lot

Schools

  • Edison Elementary School
  • Mclane Middle School
  • Middleton High School

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 000120
  • Assessor Parcel Number A-01-29-18-4H2-000000-00012.0

Community Details

Overview

  • 4,392 Sq Ft Building
  • Ida Subdivision Revised Map

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $49,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,867

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Wood Frame
  • Living Area: 3328.00
  • Lot Size Acres: 0.24
  • Year Built: 1923
  • Building Area Total: 4392.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3286573?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3286573?w=Customer
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 10598
  • Tenant Pays: Electricity
  • Building Search Sq Meters: 408.03
  • Directions to Property: Exit 275 @ MLK Headed East, turn left on Nebraska Ave, Turn left on E. Ida St, property is on right hand side behind auto part store
  • Escrow City: Tampa
  • Escrow Postal Code: 33606
  • Escrow State: FL
  • Escrow Street Name: S. Hyde Park Ave Unit Suite 325
  • Escrow Street Number: 324
  • List Office Head Office Key Nume: 1055890
  • Status: Sold
  • Street Direction: E
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Wood
  • Appliances Included: Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator
  • Foundation Details: Crawlspace, Slab
  • Levels: Two
  • Living Area Meters: 309.18
  • Street Number Modifier: 814

Exterior Features

  • Other Structures: Guest House, Shed(s), Storage, Workshop
  • Exterior Features: Storage
  • Roof: Metal, Shingle
  • Flood Zone Code: X
  • View: City
  • Patio and Porch Features: Covered, Front Porch, Patio, Porch, Rear Porch

Garage/Parking

  • Parking Features: Assigned, Curb Parking, Driveway, Off Street, On Street

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Central
  • Laundry Features: Inside, Laundry Closet, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Security: Smoke Detector(s)

Schools

  • Elementary School: Edison-HB
  • Middle School: McLane-HB
  • High School: Middleton-HB
  • Elementary School: Edison-HB
  • High School: Middleton-HB
  • Middle Or Junior School: McLane-HB

Lot Info

  • Future Land Use: AS50
  • Total Acreage: 0 to less than 1/4
  • Zoning: RS-50
  • Parcel Number: A-01-29-18-4H2-000000-00012.0
  • Lot Features: In City Limits, Near Public Transit
  • Lot Dimensions: 72x145
  • Lot Size Square Meters: 985

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 4100

Multi Family

  • Annual Expenses: 11136
  • Est Annual Market Income: 63263.16
  • Total Monthly Expenses: 928
  • Total Num Buildings: 2
  • Unit Count: 4
  • Gross Income: 49200
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2866.84
  • Tax Block: 000000
  • Tax Book Number: 0024/0092
  • Tax Lot: 000120

Range of Values:

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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
03/17/2021 03/17/21 Sold $615,000 -1.6% $185 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $625,000 -- $188 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: T3286573

Stellar MLS

APN: A0129184H2000000000120