TAMPA, FL 33603
$1,350,000
32 more
Presented By: COMPASS FLORIDA LLC with 305-851-2820. -
Beds • 10
Baths • 9
SQFT • 6,455
Home Details
This is a unique investment opportunity in the heart of Tampa's historic Seminole Heights neighborhood. The combined properties at 5113 and 5115 N Central Ave span approximately 0.8 acres, making it one of the largest residential and multi-family lots in the area. Currently, the property features nine units, including two single-family homes, with the potential to convert an existing storage unit into an additional apartment, increasing rental income. It is currently self-managed with below-market rents, presenting significant upside potential through value-add improvements. The property consists of eight 1 Bedroom 1 Bath and one 2 Bedroom 1 Bath units and has steady demand. Seminole Heights is known for its historic charm, early 20th-century bungalows, tree-lined streets, and a vibrant community filled with trendy restaurants, breweries, and boutiques. As the neighborhood continues to grow in popularity and value, this expansive lot offers both immediate income and long-term appreciation potential. Don't miss out on this exceptional opportunity to own a prime asset in one of Tampa's most sought-after areas. The property has 6 buildings, consisting of 4 duplexes and 2 stand alone homes. Future Land Use R-20
Presented By: COMPASS FLORIDA LLC with 305-851-2820. -
Interior Features for
Bedrooms
Total Bedrooms10
Bathrooms
Total Baths9
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringcarpet, tile, hardwood
Heating Y/NYes
Interior Amenitiesceiling fan(s)
Laundry Featurescommon area, laundry room
General for
Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Y/NNo
Citytampa
Construction Materialsasbestos, block, stucco, wood frame
Coolingcentral air, wall/window unit(s)
Countyhillsborough
Directionson i275 exit west on hillsborough ave, head south on n central ave, property is on the east side of the road.
Elementary Schoolbroward-hb
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income115404
HOANo
Heatingcentral, electric, space heater, wall units / window unit
High Schoolhillsborough-hb
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptioncunningham w 203 ft of lot 1 lot 2 and a strip of land 18.64 ft wide lying e of lot 2
Levelsmulti/split
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet34790
Lot Size Unitssquare feet
MLS Area33603 - tampa / seminole heights
Middle/Junior High Schoolmemorial-hb
ModificationTimestamp2025-04-25t12:50:30.580z
New ConstructionNo
Number Of Units Total9
Occupancy Typetenant
Ok to Lease12 months
Other Structuresstorage
Ownershipfee simple
Patio/Porch Featuresfront porch, rear porch
Pets Alloweddogs ok
Property Attached Y/NYes
Property Subtypemulti family
Property Typeresidential income
Roofmembrane, shingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namecunningham
Tax Annual Amount11450.31
Tax Lot1
Tax Year2024
Tenant Payselectricity, gas
Total Actual Rent9617
Utilitiescable connected, electricity connected, natural gas connected, public, sewer connected, street lights, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1942
Zoningsh-rs
Exterior for
Exterior Amenitiesbalcony, courtyard, fenced, private mailbox, sidewalk
Foundation Detailscrawlspace, slab, stem wall
Lot Dimensions140 x 248.5
Lot Size Acres0.8
Lot Size Area34790
Number of Buildings6
Number of Separate Electric Meters10
Number of Separate Water Meters1
Open Parking Y/NYes
Parking Featuresoff street, open
Private PoolNo
Road Surface Typepaved
Water Sourcepublic
Additional Details
Price History
Schools
Middle School
Memorial-HB Middle School
High School
Hillsborough-HB High School
Elementary School
Broward-HB Elementary School
Dyanne Del Toro Quintero
Realtor®
