Off-Market Condo: 01 at 201 W Laurel St, Tampa, FL 33602
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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 $198 per day and long-term for an average of $2,648 per month, based on similar listings in the area. Estimated short-term cap rate of 3.2%. Estimated long-term cap rate of 1.3%. Under contract-accepting backup offers. Embrace the Ultimate Urban Lifestyle in Downtown Tampa! Introducing a rare opportunity at One Laurel Place, located in the dynamic River Arts District of downtown Tampa. This stunning corner/end unit 2-bedroom, 2-bath condo offers over 1,200 square feet of thoughtfully designed living space, complete with a brand new HVAC system (2023) for your comfort and privacy. While this unit is filled with potential, it presents an exciting canvas for your personal touch and updates. Step onto your dual balconies—one off the inviting living room and another from the luxurious Primary Suite—perfect for al fresco dining, container gardening, or simply soaking in the breathtaking views of Tampa’s flourishing skyline. The Primary Suite boasts an en suite bath and a spacious walk-in closet, while the second bedroom is versatile for guests or as a home office. The convenience of an in-unit washer and dryer adds to the allure, making daily life a breeze. Nestled in a pet-friendly and pedestrian-friendly community, you’ll enjoy immediate access to the best of Tampa. Stroll to iconic spots like Armature Works, the scenic Riverwalk, and the renowned Straz Center for the Performing Arts. Numerous waterfront parks are just around the corner, offering a vibrant array of festivals, markets, and live music throughout the year. The association fees provide exceptional value, covering water, sewer, trash, 24-hour gated security, meticulous landscaping, flood insurance, and exterior maintenance. Indulge in the community’s fantastic amenities, including a refreshing pool, inviting community room, and recreation deck. Parking is effortless with two open parking permits and plentiful guest spaces. Don’t miss this chance to elevate your lifestyle in the heart of Tampa’s vibrant urban scene. Schedule your private showing today and discover the potential of this corner unit condo as the perfect blend of comfort, convenience, and creativity!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$861
Rental Policy
daily
Yearly Taxes
$656
Bedrooms
2
Bathrooms
2
SQFT
1,266
Furnished
N/A
Year built
1982
Listing Status
Off Market
MLS
TB8316324

Short-term Rental Potential
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$36,660

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$212

Price/SQFT

Long-term Rental Potential
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$31,776

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,648/mo

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