236 W NORTH STREET TAMPA, FL 33604
$1,200,000
6 Beds
4 Baths
2713 sqft
MLS#
TB8483186
Type
Single Family Residence
Status
Active Listing
Square Footage
2,713
Bedrooms
6
Bathrooms
4 full
Year Built
1925
Tax Amount
$11,096
Property Description
Value-Add Quadplex with Short-Term Rental Upside – Tampa Investment Opportunity Prime multifamily investment opportunity in the rapidly expanding Tampa market. This 4-unit property presents investors with a rare chance to acquire a stabilized asset with significant upside through repositioning into short-term rentals (Airbnb/VRBO), furnished rentals, or corporate housing. Each unit offers an ideal layout for short-term guests, traveling professionals, or extended-stay tenants. Tampa’s strong tourism industry, year-round events, and growing population continue to drive exceptional demand for short-term accommodations, creating a powerful income optimization opportunity for investors. Strategically located with convenient access to Downtown Tampa, Raymond James Stadium, Midtown, Ybor City, Tampa International Airport, and major highways, the property is well positioned to attract both leisure and business travelers. Investors have the ability to operate as traditional multifamily or reposition units to short-term rentals to unlock significantly higher revenue potential, with projected performance supporting an estimated cap rate exceeding 10 + after value-add improvements and optimized short-term rental operations. Investment Highlights • 4-unit multifamily property • Strong value-add opportunity • Ideal for Airbnb / VRBO / furnished rentals • High-demand Tampa rental market • Excellent location near major attractions and employment hubs • Projected double-digit cap rate potential after value-add This is an excellent opportunity for investors seeking to reposition a multifamily asset into a high-performing short-term rental property in one of Florida’s fastest-growing markets.
Cooling:Central Air, Wall/Window Unit(s)
Awning(s)
Balcony
Irrigation System
Rain Barrel/Cistern(s)
Rain Gutters
Storage
Ceiling Fan(s)
High Ceilings
per month
Principal & Interest
Property Tax
Mortage Insurance
HOA
Home Owners Insurance
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