Off-Market Property at 2921 W EL Prado Blvd, Tampa, FL 33629
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Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $497 per day and long-term for an average of $4,867 per month, based on similar listings in the area. Estimated short-term cap rate of -0.5%. Estimated long-term cap rate of -2.6%. Just 50 feet off iconic Bayshore Boulevard, lies an exquisite, meticulously renovated historic home that exemplifies modern luxury living in South Tampa. This poolside sanctuary boasting four bedrooms, three baths, and amazing new tile flooring that speaks to the discerning owner. As you approach, you are greeted with an extended covered porch, outfitted with the crown jewel of bungalows, the porch swing which faces Bayshore. Stepping inside, you'll be greeted by an open floor plan that seamlessly merges the living areas with a kitchen that can be described as a visual masterpiece, highlighted with the perfect hue of natural light while maintaining privacy. Adorned with opulent white marble veined countertops and gleaming stainless steel appliances featuring a new top of the line refrigerator, built in stove, wine fridge and microwave, this kitchen is a testament to both style and functionality. An enchanting revelation awaits as you enter the living room, where a custom fire and ice themed gas fireplace takes center stage, radiating warmth and charm throughout the space. Beneath your feet, the refinished high end resplendent porcelain tile, adding a touch of timeless elegance to the surroundings. The Florida room, a zenful haven, opens to reveal a vista of the sprawling porch and inviting pool area, enveloped by lush tropical landscaping serving as nature's canvas, harmonizing seamlessly with the nearby waterfront of Tampa Bay. The balcony overlooking the pool area is outfitted with a chef cook station, equipped with a gas grill, cooktop, fridge and a seating area for your guests, enhancing the Floridian experience. There is also a garage that can be converted to a pool house back as well. Discover unparalleled serenity in the expansive master suite, where space abounds for a comfortable sitting area. The modern primary bathroom is adorned with marble tile walls with an indulgent rain shower, exquisite dual sink countertops, and an iconic historic original clawfoot tub preserving the home's timeless charm. Ascend to the second floor, and you will find the final fourth bedroom, overlooking the pool is a testament to modern craftsmanship and ingenuity and the perfect getaway for your visiting guests. This home is a posh masterpiece sitting in the heart of South Tampa. It is a perfectly balanced fusion of modern and classic elegance. Your opportunity to immerse yourself in South Tampa luxury living has arrived, and it awaits your presence. This home is more than a must-see; it is an invitation to live your dreams in a historic bungalow with the view of Bayshore Boulevard. Live the South Tampa Lifestyle with everything your heart could desire from the pool to the fireplace, this house has it all.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$10615
Bedrooms
4
Bathrooms
3
SQFT
2,164
Furnished
N/A
Year built
1917
Listing Status
Off Market
MLS
TB8310789

Short-term Rental Potential
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$83,700

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$577

Price/SQFT

Long-term Rental Potential
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$58,404

Revenue
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Profit
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Cap rate
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Cash on Cash
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$4,867/mo

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