Off-Market Property at 200 E Fern St, Tampa, FL 33604
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Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $124 per day and long-term for an average of $2,322 per month, based on similar listings in the area. Estimated short-term cap rate of -1.1%. Estimated long-term cap rate of -1.5%. Under contract-accepting backup offers. Priced to sell! No Flood Zone! Don't miss out on this walkable location, close to everything, in sought after neighborhood of Seminole Heights! Welcome to this completely updated beautiful bungalow! The long two-car driveway provides plenty of parking, a luxury in this area, and check out the perfectly manicured front yard with stone steppers and lush plants. Walk up to the generously sized covered front porch. Through the front door is an open concept living space with high ceilings and bright light pouring in. To your left is the first bedroom with lots of windows and a nook for a desk. The first bathroom is off the living room and very spacious. Next is the master bedroom with a barn door and gorgeous large updated bathroom featuring double sink vanity and dreamy walk in shower. The huge open living room flows into the dining and then into the kitchen. The oversized island is the heart of the house. A chefs paradise! The laundry room off the kitchen leads to a lush, green, fenced backyard and patio for quiet evenings or entertaining your guests. Notice the Shed to your right, will come in handy for all your gardening and storage needs. Home features Nest thermostat and newer tankless water heater. Updated electrical and plumbing. Newer roof, AC and a security system is just a phone call to start up. This is a move in ready home waiting for you. Walk less than 2 blocks to Mandarin Heights, Lepley's, C House and Tripp's Diner. Right around the corner to I-275 and within 4 miles of Armature Works, Ulele and Water Works Park. This is a great location, convenient living and a don't miss out opportunity!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$4707
Bedrooms
2
Bathrooms
2
SQFT
1,140
Furnished
N/A
Year built
1928
Listing Status
Off Market
MLS
TB8305108

Short-term Rental Potential
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$29,388

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$412

Price/SQFT

Long-term Rental Potential
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$27,864

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,322/mo

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