Off-Market Property at 1205 E North St, Tampa, FL 33604
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Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $298 per day and long-term for an average of $3,886 per month, based on similar listings in the area. Estimated short-term cap rate of 2.3%. Estimated long-term cap rate of -0.4%. Under contract-accepting backup offers. BRAND NEW dream home located in the Heights! This beautiful bungalow is a single story, block, 4bedroom/2.5 bath/2car garage spanning over 2,200 sq. ft., and is in the highly sought after Manor Heights enclave of Seminole Heights. The $35k landscape package includes beautiful Magnolia trees, Robellini palms, St. Augustine SOD, river rock, decorative plants & shrubs in the front & backyard, and a sprinkler system throughout. The front porch is welcoming, wrapped with decorative railing and a tongue & grove ceiling wood detail. As you enter through an 8’ SOLID WOOD door to the open concept dining/family room/kitchen, you can only describe it as "WOW". The dining room wall has a CUSTOM design followed by the family room with a tray ceiling and a CUSTOM cladding ship lap with a 50” electric fireplace. Next is the kitchen with an 8’ WATERFALL island with plenty of seating, under cabinet lighting, wood cabinetry, microwave DRAWER, LG SS appliances and finally another WOW factor – a CUSTOM ship lap exhaust HOOD. The master bedroom has an HUGE walk-in closet and BARN doors that lead to the master bath with a large dual vanity, wall sconces & shower with frame less sliding door – truly a spa-like retreat. In the middle of the home are 2 identical secondary bedrooms that share a Jack & Jill bath. The front of the home houses the 4th bedroom that could also be used as an office. The ½ bath is in the hallway ideal for guests. The laundry room/butler’s pantry is just that – whatever you choose. This space is equipped with custom cabinets, Quartz counters and a storage closet. The rear door leads to the FENCED backyard oasis which is simply marvelous and lends itself to so many wonderful entertaining opportunities off your private porch! The expanded 8’ tall garage door allows for taller vehicles to enter and a HUGE ceiling height for above car storage. The home is conveniently located within minutes to many award-winning restaurants, shops, and boutiques. Whether you’re heading to your neighborhood favorites like Gangchu, The Rollin’ Mullet, Magnanimous Brewing, Mekenita Cantina, Bo's Ice Cream, Trip's Diner, Rooster and the Till, Downtown, Armature works, the Riverwalk, SOHO, Bayshore Boulevard, Ybor, famed Gulf Beaches, or TIA you will be in the middle of it all! Schedule a showing today! ** This home is custom-built by Bay Contractors with incredible care, craftsmanship and attention to detail. Home is backed by a comprehensive 2-10 Home Buyer's Warranty that includes a 10-Year Structural Warranty, 1-Year Workmanship Coverage & 2-Years Systems Defect Coverage! NO HOA, DEED Restrictions, or FLOOD ZONE.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1576
Bedrooms
4
Bathrooms
3
SQFT
2,230
Furnished
N/A
Year built
2024
Listing Status
Off Market
MLS
TB8305301

Short-term Rental Potential
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$66,828

Revenue
Expenses
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Profit
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Cash on Cash
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$336

Price/SQFT

Long-term Rental Potential
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$46,632

Revenue
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Profit
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Cap rate
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Cash on Cash
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$3,886/mo

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