Off-Market Property at 402 S Melville Ave, Tampa, FL 33606
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Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $348 per day, based on similar listings in the area. Estimated short-term cap rate of -2.0%. Under contract-accepting backup offers. End unit upscale townhome in premier location, ideally positioned between Hyde Park Village and SOHO. Private in-unit ELEVATOR. Enjoy the convenience of being within steps of South Tampa's best restaurants, shops, grocery stores, and more! Mitchell, Wilson, Plant School zones! Large open living room, dining, and gourmet kitchen with massive countertop and bar seating, perfect for entertaining. Three bedrooms, each with their own ensuite bathroom for ultimate privacy and comfort. Additional powder bath off living room for guests and convenience. Primary suite is spacious, features 2 large closets with built-in shelves, and a bathroom with dual vanity. Recent upgrades include freshly painted interior, new Kitchenaid range and refrigerator, epoxy-coated garage floors, a garage storage system, and an upgraded security system. Access all levels with ease and elegance in your private, in-unit elevator. Two expansive walk-in storage closets for all your extras. Other features include a charming balcony, custom built-in closets and pantry, and plantation shutters. This property can be sold fully furnished, and the sellers are open to a lease-back arrangement. Experience luxury and convenience in one of South Tampa's most sought-after locations.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$350
Rental Policy
daily
Yearly Taxes
$15900
Bedrooms
3
Bathrooms
4
SQFT
3,023
Furnished
N/A
Year built
2015
Listing Status
Off Market
MLS
T3552021

Short-term Rental Potential
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$76,620

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$430

Price/SQFT