Off-Market Property at 1312 E Frierson Ave, 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 $204 per day and long-term for an average of $2,975 per month, based on similar listings in the area. Estimated short-term cap rate of 4.9%. Estimated long-term cap rate of 1.1%. Under contract-accepting backup offers. House with guest house!! Discover the perfect blend of vintage charm and modern comfort in this delightful 2-bedroom, 1-bathroom 1,000 SQFT bungalow located in the heart of Southeast Seminole Heights. This well-maintained home features large windows that flood the spacious living area with natural light, creating an inviting atmosphere for relaxation and entertaining. The generous living space seamlessly connects to a cozy dining area, perfect for gatherings with family and friends. Enjoy modern conveniences with newer countertops stainless steel appliances and solid flooring that enhance the home’s classic character. Step outside to find a spacious backyard that houses a large 1-bedroom, 1-bathroom guest house with 845 SQFT (at one point it was even a 2/1 which could easily be done again) ideal for visitors or as a potential rental space! The guest house boasts a newly redone roof, completed in 2019, and a newer room in the main house ensuring peace of mind. The main home's roof was replaced in 2023, further enhancing its appeal and longevity. Take advantage of the vibrant community of Seminole Heights, with easy access to local shops, parks, and dining options. This charming property offers the perfect opportunity for comfortable living with added versatility.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$3991
Bedrooms
3
Bathrooms
2
SQFT
1,845
Furnished
N/A
Year built
1943
Listing Status
Off Market
MLS
TB8312042

Short-term Rental Potential
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$51,984

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$230

Price/SQFT

Long-term Rental Potential
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$35,700

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,975/mo

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