Off-Market Property at 201 W Violet St, Tampa, FL 33603
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201 W Violet St, Tampa, FL 33603

$745,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $278 per day and long-term for an average of $5,000 per month, based on similar listings in the area. Estimated short-term cap rate of 1.4%. Estimated long-term cap rate of 1.5%. Under contract-accepting backup offers. Newer construction house in the highly sought after Seminole Heights. The Mediterranean architecture creates a nice curb appeal and indoors is a bright and open Floorplan. This turnkey two-story home features a full bath off of the first floor bedroom, that has motorized blackout shades, and a large main living area with a formal dining room. The kitchen comes equipped with upgraded appliances, a stainless steel farmhouse sink, spacious walk-in pantry and breakfast bar. The second floor offers a large primary suite with loft tray ceilings, motorized blackout shades, an en-suite bath with dual sinks, a separate shower with a free-standing tub and a walk-in closet. Also on the second floor are two subsequent bedrooms, an additional full bath and the laundry room. Outdoors is a premier space for entertaining along with an outdoor TV. Improved landscaping and exterior finishes includes an extended concrete pad, turf, and extended fencing. The detached two car garage includes an added sub panel for potential electric car charger or mini split A/C, a built-in tool/work bench with cabinets and lockers, and a home gym setup that is negotiable. Additional upgrades include a Ring doorbell alarm system and flood light camera, upgraded indoor and outdoor fixtures, fans throughout, and more. Conveniently located to Rivercrest Park, downtown South Tampa, beaches, Armature Works, the Straz Center and popular restaurants and shopping.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1487
Bedrooms
4
Bathrooms
3
SQFT
2,196
Furnished
N/A
Year built
2022
Listing Status
Off Market
MLS
TB8305763

Short-term Rental Potential
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$59,652

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$339

Price/SQFT

Long-term Rental Potential
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$60,000

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$5,000/mo

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