Off-Market Property at 3010 W Stovall St, Tampa, FL 33629
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Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $207 per day and long-term for an average of $5,343 per month, based on similar listings in the area. Estimated short-term cap rate of -2.5%. Estimated long-term cap rate of -0.2%. Under contract-accepting backup offers. Available now! This street did not flood and the townhouse is approximately 13 feet above sea level, situated above the flood plain (base flood elevation). Located on a quiet oak lined side street in the heart of South Tampa, just one block off famous Bayshore Boulevard, this 3 bedroom, 2.5 bathroom, 2 car garage features over 2,200 square feet of living space on four floors. Entering through your private courtyard into a spacious foyer, you are greeted on the second floor by an open and spacious living space, with a half bathroom, dining area, recently updated kitchen and living room. Brand new stainless steel appliances were installed last year, and the oven/range were upgraded to natural gas for gourmet cooking at your convenience. Super clean and meticulously kept, this home will be sure to wow! Custom closets have been installed throughout and hardwood floors and crown abound. The master suite encompasses the entire top level, with a huge master bedroom area and bay window sitting area overlooking majestic oaks and Bayshore Boulevard. The master bathroom features dual vanities, a soaking tub, and a spacious walk in closet. Surrounded by multi-million dollar homes and condos, including the brand new Ritz Carlton Residences on Bayshore, this quaint community of 8 townhouses remains an oasis of tranquility in the middle of a bustling and growing South Tampa which remains one of the most desirable areas in the whole Tampa Bay region. Convenience is at your fingertips, just minutes from downtown Tampa, Tampa International Airport, Midtown, Westshore, the $2+ billion Water Street project, and then a short drive to some of the top rated beaches in the entire country. Located in prime A-Rated school districts of Roosevelt, Coleman and Plant, and also surrounded by some of the top rated private schools in the city, your options are plenty. Flood Zone X also means no lender required flood insurance. Don’t miss your chance at this rare opportunity!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$265
Rental Policy
daily
Yearly Taxes
$10211
Bedrooms
3
Bathrooms
3
SQFT
2,228
Furnished
N/A
Year built
2002
Listing Status
Off Market
MLS
T3539363

Short-term Rental Potential
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$44,904

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$367

Price/SQFT

Long-term Rental Potential
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$64,116

Revenue
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Profit
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Cap rate
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Cash on Cash
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$5,343/mo

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