Off-Market Property at 208 N Albany Ave, Tampa, FL 33606
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208 N Albany Ave, Tampa, FL 33606

$799,990

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $180 per day and long-term for an average of $4,442 per month, based on similar listings in the area. Estimated short-term cap rate of -3.0%. Estimated long-term cap rate of -1.6%. Under Construction. Nestled in the heart of South Tampa, just a stone’s throw away from downtown and Hyde Park Village, this captivating townhome presents an ideal blend of modern convenience and urban charm. Boasting nearly 2,100 square feet of space, this residence offers three spacious bedrooms, two and a half baths, and a coveted two-car garage, ensuring both comfort and functionality for its fortunate inhabitants. One of the standout features of this townhome is its absence of HOA fees, providing freedom and flexibility rarely found in such a prime location. A fenced-in backyard enhances privacy and offers a serene outdoor retreat, perfect for relaxing or entertaining guests. Inside, the open layout is bathed in natural light, creating an inviting ambiance throughout. The kitchen is a chef’s dream with sleek cabinets, elegant quartz countertops, and an abundance of wood flooring that adds warmth and character to the space. This home is not in a flood zone, impact glass windows and led lights. A brand new construction home allows for monthly savings for insurance and utilities. Whether you’re drawn to the allure of downtown Tampa or the vibrant community of Hyde Park Village, this townhome offers proximity to both, making it a rare find in South Tampa’s competitive real estate market. With its modern amenities, spacious interior, and desirable location, this property represents an unparalleled opportunity to live in one of Tampa’s most coveted neighborhoods. In addition, this home is under warranty with a 1 year covering any defects in workmanship and materials, 2 years for the major mechanicals and a 10 year structural.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$15357
Bedrooms
3
Bathrooms
3
SQFT
2,082
Furnished
N/A
Year built
2024
Listing Status
Off Market
MLS
T3541233

Short-term Rental Potential
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$42,672

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$384

Price/SQFT

Long-term Rental Potential
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$53,304

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$4,442/mo

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