501 S Melville Ave, Tampa, FL 33606

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $178 per day and long-term for an average of $4,402 per month, based on similar listings in the area. Estimated short-term cap rate of -1.9%. Estimated long-term cap rate of -0.9%. Under contract-accepting backup offers. Charming South Tampa Townhome just minutes from Bayshore NOT in a flood zone! Tucked away in a quiet neighborhood, this spacious property features 3 bedrooms, 2.5 bathrooms, and 1,920 sq ft of living space. The front entryway will grab your attention with wood flooring throughout the first floor. Step inside to an open floor plan with 9 foot ceilings and numerous windows to allow the natural light shine. Living room flows seamlessly into a full kitchen with a two year old fridge and stove, beautiful black granite countertops, wood cabinetry with plenty of storage, and a stainless steel sink. The adjacent dining room features plenty of space for a large dining table to entertain family and friends. You will then be taken through French doors overlooking the private side yard with room for an outdoor table and chairs. Moving upstairs, the oversized, primary suite features 13 foot ceilings that provide plenty of natural light and an open feel, leading out to a private balcony overlooking the neighborhood. You’ll have plenty of room to relax in the master bath featuring a double-vanity, soaking tub, stand up shower, and a spacious walk-in closet. The second floor is also highlighted by two other large bedrooms and another full bathroom with stand up shower. The upstairs laundry sits below a skylight to help brighten the hallway. A single car garage and driveway allows for easy parking or storage. This property also features a new side yard awning, wired surround sound - inside and outside - home security, and a newer A/C unit. HOA fee includes water, sewer and common grounds. Enjoy all the amenities of South Tampa being conveniently located to top-rated schools (Plant, Mitchell, Wilson), Bayshore Blvd, YMCA, Hyde Park Village, local restaurants, bars and more. Don’t miss this opportunity to call this breathtaking property your own. Schedule an appointment today.