Off-Market Property at 307 S Bungalow Park Ave, Tampa, FL 33609
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Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $292 per day and long-term for an average of $3,625 per month, based on similar listings in the area. Estimated short-term cap rate of 1.8%. Estimated long-term cap rate of -1.2%. Under contract-accepting backup offers. NO FLOODING & FULLY MOVE IN READY. This is an amazing opportunity to own a turn-key home in the HEART of South Tampa! This is a small gated community of only six condo townhomes, WALKABLE to the South Tampa hotspots, SoHo, Bayshore and just 1 mile to Hyde Park Village. Beautifully remodeled 3 bed/2.5 bath unit with a one-car garage! NEW roof (2023), New A/C (2022). Stunning new kitchen (2021) with quartz countertops, new cabinets, a breakfast bar, new range hood, opening up to your dining area with French doors leading to your private back deck. The newly-built deck (2024) is perfect for morning coffee or evening BBQs. Your living room is spacious with large windows, crown molding, and a wood burning fireplace. The first floor also features a dry bar off your living room and remodeled half-bath (2021). Your primary bedroom is a DREAM with high ceilings, TWO large walk-in closets, and a primary bath with double vanities and make-up counter. Laundry is conveniently upstairs already set up with a washer/dryer. A one-car garage is accessible from the alley behind the home and offers personal parking and plenty of storage. A-RATED SCHOOLS Mitchell, Wilson, Plant. HOA fee includes water, sewer, trash, pest control, exterior insurance and exterior maintenance. Plus custom window treatments, Nest thermostat and Ring doorbell make this townhouse move-in ready! Don't wait to schedule your showing today!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$500
Rental Policy
daily
Yearly Taxes
$7051
Bedrooms
3
Bathrooms
3
SQFT
1,618
Furnished
N/A
Year built
1987
Listing Status
Off Market
MLS
T3520941

Short-term Rental Potential
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$60,720

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$361

Price/SQFT

Long-term Rental Potential
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$43,500

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,625/mo

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