Listings courtesy of SELLSTATE COASTAL REALTY as distributed by MLS GRID.
$1,200,000 $442/sf Earn $24,000
$1,200,000
Credit Back up to $24,000*
$442.31/sf
Active - Multi Family for sale
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.
- Listed by: Eriola Goldman • eri@pegasusgroupus.com
- Brokered by: SELLSTATE COASTAL REALTY • 813-940-0101
- Source: Stellar MLS as distributed by MLS GRID
- MLS Number: TB8483186
- MLS Last Updated: Mar 27, 2026 at 05:44am EDT
* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.
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Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Washer
Furnished: Unfurnished
Laundry Features: Laundry Room
Number Of Lots: 1
Status: Active
Listed Date: 02/28/2026
Days On Market: 36
Lot Size (Square Feet): 5490
Rent Includes: []
Tenant Pays: []
Year Built: 1925
Construction Materials: Wood Siding
Cooling: Central Air, Wall/Window Unit(S)
Exterior Features: Awning(S), Balcony, Irrigation System, Rain Barrel/Cistern(S), Rain Gutters, Storage
Flooring: Floor Porcelain Tile, Floor Tile, Floor Hardwood
Foundation Details: Foundation Crawlspace, Foundation Slab
Heating: Central
Interior Features: Ceiling Fan(S), High Ceilings
Roof: Roof Shingle
Electric: []
Sewer: Sewer Public Sewer
Utilities: Cable Available, Natural Gas Connected
WaterSource: Water Source Public
Parcel Number: A3628184fb00000000577.0
Tax Legal Description: North Park Annex Lot 577
Zoning: Sh-Rs
Subdivision Name: North Park Annex
MLS Area Major: 33604 - Tampa / Sulphur Springs

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