Off-Market Property at 4714 W Knights Ave, Tampa, FL 33611

4714 W Knights Ave, Tampa, FL 33611

$400,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $224 per day and long-term for an average of $2,998 per month, based on similar listings in the area. Estimated short-term cap rate of 7.7%. Estimated long-term cap rate of 2.2%. Under contract-accepting backup offers. PRICED TO SELL! Located in the highly sought-after South Tampa area, this 4-bedroom, 2-bathroom Block pool home offers 1,398 square feet of living space and is brimming with potential. Owned by the same family for over 50 years, this cherished home features a split floor plan, providing both privacy and the flexibility to reimagine the space to your needs. Recent updates include a roof that’s just 6 years old, an AC system that’s only 3 years old and the plumbing includes updated water & sewer lines! so you can focus on personalizing the interior. The fenced in backyard is perfect for entertaining, with a spacious pool that makes the home an ideal retreat and includes a detached shed for additional storage. The permitted block piers out front can be utilized as a future extension or carport! This is a rare opportunity to own a home in a prime South Tampa location at this price with incredible potential for growth and customization .Currently zoned for Anderson Elementary, Madison middle school and Robinson High school! This home is perfect for anyone looking to build sweat equity to get established or for the seasoned investor to explore its full potential!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1729
Bedrooms
4
Bathrooms
2
SQFT
1,398
Furnished
N/A
Year built
1952
Listing Status
Off Market
MLS
TB8313114

Short-term Rental Potential
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$58,092

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$286

Price/SQFT

Long-term Rental Potential
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$35,976

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,998/mo

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