Off-Market Property at 2406 W Fig St, Tampa, FL 33609
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Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $202 per day and long-term for an average of $3,092 per month, based on similar listings in the area. Estimated short-term cap rate of -0.7%. Estimated long-term cap rate of -1.9%. Under contract-accepting backup offers. This beautifully remodeled 3-bedroom, 2-bathroom pool home is located in the highly desirable North Hyde Park area of South Tampa, just a short walk from the vibrant South Howard (SoHo) district and only minutes away from Downtown, the Westshore Business District, and the airport. Its prime location offers easy access to major roadways, including I-275 and the Crosstown Expressway, making commuting a breeze. The home is also zoned for the prestigious Plant High School, adding to its appeal for families. The interior features an open floor plan that seamlessly connects the great room, dining areas, and kitchen. Bamboo flooring runs throughout the main living areas, and elegant crown molding adds a touch of sophistication. The remodeled kitchen boasts maple cabinets with soft-close drawers, granite countertops, a tumbled marble and glass tile backsplash, and high-end stainless steel appliances, including a convection oven, smooth-top range, and wine refrigerator. The owner’s suite offers a luxurious en suite bath with a frameless glass shower, dual shower heads, and a wood vanity with cultured marble countertops. All bedrooms feature custom-organized closets for added convenience. The outdoor space is perfect for entertaining, with French doors leading to a solar-heated pool surrounded by a pavered deck and a gazebo, ideal for poolside gatherings. The backyard is fully fenced for privacy, and the detached 36' x 20' 3-car garage provides ample storage and could easily be converted into a guest suite or workshop.The property is also zoned for the potential to build up to three units, offering excellent investment opportunities. Located near top-rated schools, parks, restaurants, and shopping, this home is a true gem in the heart of South Tampa.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$8774
Bedrooms
3
Bathrooms
2
SQFT
1,200
Furnished
N/A
Year built
2000
Listing Status
Off Market
MLS
TB8302044

Short-term Rental Potential
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$44,616

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$520

Price/SQFT

Long-term Rental Potential
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$37,104

Revenue
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Profit
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Cap rate
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Cash on Cash
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$3,092/mo

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