Off-Market Property at 305 W DR Martin Luther King JR Blvd, Tampa, FL 33603
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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 $170 per day and long-term for an average of $2,643 per month, based on similar listings in the area. Estimated short-term cap rate of 1.4%. Estimated long-term cap rate of 0.5%. Under contract-accepting backup offers. Location, location, location! This beautifully remodeled 3-bedroom, 2-bathroom home is a true gem. From the moment you step inside, you’ll be greeted by a modern open-concept design with stylish finishes and a bright, welcoming atmosphere that’s perfect for everyday living and entertaining. The modern, open kitchen is a standout feature, boasting sleek quartz countertops, elegant gray cabinetry, and stainless steel appliances that blend functionality with modern aesthetics. The living and dining spaces flow seamlessly, offering plenty of room for family gatherings or cozy nights in. The spacious master suite is your personal retreat, complete with a large walk-in closet providing ample storage space. The master bathroom is a luxurious highlight, featuring a double vanity sink and an oversized shower with a rain showerhead, creating a spa-like experience right at home. The additional bedrooms are generously sized, perfect for family, guests, or a home office. Step outside to find a large backyard that offers a blank canvas to design your own outdoor oasis—ideal for BBQs, playtime, or simply relaxing in the Florida sunshine. Horizontal decorative wood fencing provides style and privacy and a double back gate with back alley access provided a convenient second access point to enter the property. Near the best of Tampa’s dining, shopping, and entertainment, this home truly has it all. Don’t miss the opportunity to make this gorgeous, move-in-ready home yours!ideally situated just minutes from downtown Tampa, Hyde Park, Bayshore, Armature Works, and all major highways.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$3235
Bedrooms
3
Bathrooms
2
SQFT
1,118
Furnished
N/A
Year built
1965
Listing Status
Off Market
MLS
TB8305390

Short-term Rental Potential
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$35,592

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$371

Price/SQFT

Long-term Rental Potential
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$31,716

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,643/mo

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