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Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $519 per day and long-term for an average of $3,878 per month, based on similar listings in the area. Estimated short-term cap rate of 4.3%. Estimated long-term cap rate of -3.2%. Located on a prime 10,000 sf lot in the heart of Sunset Park & the Plant High School District, this home offers endless possibilities! Nestled on a quiet, dead end street and backing up to Tampa Bay, the property provides a rare opportunity to build your dream 2-story home and enjoy stunning open water views of the bay from a second floor balcony or rooftop deck. See photo #3 for the potential water views. With a spacious 1678 sf floor plan featuring 3 bedrooms, 2 beautifully updated bathrooms, and a bonus room, there is also incredible potential to design & create the home of your dreams. Starting with a blank canvas, every room, every detail, and every feature can be customized to your vision. Whether it's designing an open-concept kitchen, adding luxurious finishes, or expanding for even more living space, the possibilities are truly limitless. If you prefer a turnkey option for the existing home, the seller is also willing to complete the work for you to make your move-in ready dreams a reality. The home also offers an oversized detached garage, fully finished with air conditioning and epoxy flooring, perfect for a home gym, workshop, or studio space! The large driveway and inviting courtyard in the back of the home offer the perfect setting for hosting guests and entertaining. With its unbeatable location and endless potential to make your dream home a reality, this property is a must-see! Home recently took on water during hurricane Helene.
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $8139 |
Bedrooms | 3 |
Bathrooms | 2 |
SQFT | 1,678 |
Furnished | N/A |
Year built | 1955 |
Listing Status | Off Market |
MLS | TB8313511 |