Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $207 per day and long-term for an average of $2,791 per month, based on similar listings in the area. Estimated short-term cap rate of 1.1%. Estimated long-term cap rate of -1.7%. Under contract-accepting backup offers. Rare opportunity to live near River Crest Park in South Seminole Heights. This gorgeous 3 bed 2 bath Bungalow is located half a block from River Crest park and has all of the charm of a classic Bungalow with the convenience of a newer built home. The home features a split floor plan, large back deck and lots of extra storage in the over sized shed. Updates include, newer stainless appliances, quartz countertops in the kitchen & both bathrooms, freshly painted interior & exterior (2024), new AC (2024) and NEW ROOF to be installed prior to closing due solely to it's age. Exterior features include a massive covered front porch, 10x27 Porte Cochere, storage shed & wood deck in the back yard. There is also a fully functioning alley with rear access for the potential of adding a garage or workshop. River Crest park is half a block to the west, sits on 5.4 acres and boasts over 1,000 linear ft. of river frontage with a meandering perimeter trail of almost a mile and kayak launch. Not to mention the home is centrally located in South Seminole Heights just 2 miles north of Armature Works & Downtown Tampa.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $6816 |
Bedrooms | 3 |
Bathrooms | 2 |
SQFT | 1,484 |
Furnished | N/A |
Year built | 2004 |
Listing Status | Off Market |
MLS | TB8310190 |
