Off-Market Property at 6401 N Central Ave, Tampa, FL 33604
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6401 N Central Ave, Tampa, FL 33604

$249,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $120 per day and long-term for an average of $2,592 per month, based on similar listings in the area. Estimated short-term cap rate of 4.4%. Estimated long-term cap rate of 5.8%. Under contract-accepting backup offers. DEVELOPER OR INVESTOR SPECIAL!!!!!! This exceptional corner lot in the vibrant Seminole Heights neighborhood offers an incredible opportunity. Located just minutes from Publix, Downtown Tampa, USF, and Tampa Airport, this property is conveniently serviced by the nearby Hartline. The lot features a 55' x 120' lot and includes an existing home. Due to the property's condition, it's being sold AS IS. Only cash offers with Proof of funds. The interior will not be shown. Value is in the land only. This is a prime location with potential for redevelopment making it a highly desirable investment. Don't miss out on this chance to capitalize on the growing popularity of Seminole Heights. Act now!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$722
Bedrooms
2
Bathrooms
2
SQFT
1,800
Furnished
N/A
Year built
1921
Listing Status
Off Market
MLS
TB8303720

Short-term Rental Potential
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$27,636

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$138

Price/SQFT

Long-term Rental Potential
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$31,104

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,592/mo

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