Off-Market Property at 2802 W Cleveland St, Tampa, FL 33609
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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 $208 per day and long-term for an average of $2,286 per month, based on similar listings in the area. Estimated short-term cap rate of 3.6%. Estimated long-term cap rate of -2.5%. Under contract-accepting backup offers. Just minutes away from coffee, cocktails, famed restaurants and popular shops of the SOHO District/Hyde Park, this is a great opportunity to own a townhouse in a coveted South Tampa neighborhood! This 2 bedroom, 2.5 bathroom townhouse is move-in ready located in an X flood zone (no flood insurance required)! A quaint and inviting gated community surrounding by lush greenery welcomes you and even has an exclusive owner's covered parking spot. The home entrance greets you with abundant natural light, updated luxury vinyl flooring, and an open floor plan perfect for entertaining guests. You’ll find a modernized, light-filled kitchen with quartz countertops, stainless steel appliances, and a stylish backsplash. The kitchen also features a convenient desk area, perfect for work-from-home needs or staying organized. This one-of-a-kind breakfast bar area has been opened up to flow seamlessly into the spacious living room/dining area. The generously sized living room is adorned with oversized windows and a sliding glass door that leads out to your private turfed back patio, perfect for lounging. This functional floor plan utilizes every bit of space including its own in-unit laundry and both bedrooms feature tastefully updated en-suite bathrooms. The best Tampa has to offer surrounds this townhouse - Downtown, University of Tampa, Water Street, Hyde Park Village, Bayshore Boulevard, and more! Don’t wait and schedule your private showing today!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$495
Rental Policy
daily
Yearly Taxes
$5262
Bedrooms
2
Bathrooms
3
SQFT
1,054
Furnished
N/A
Year built
1985
Listing Status
Off Market
MLS
TB8317773

Short-term Rental Potential
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$53,244

Revenue
Expenses
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Profit
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Cash on Cash
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$398

Price/SQFT

Long-term Rental Potential
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$27,432

Revenue
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Cap rate
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Cash on Cash
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$2,286/mo

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