236 W North St - Multi-Family FOR SALE


Tampa, FL 33604- North Hyde Park
$1,200,000 USD
239-464-2510
236 W North St, Tampa, FL for Sale
$1,200,000 USD
Multi-Family - FOR SALE
1/31
null | 8.9% Cap Rate

236 W North St
Tampa, FL 33604
North Hyde Park


HIGHLIGHTS

  • Strategically located with convenient access to Downtown Tampa, Raymond James Stadium, Midtown, Ybor City, Tampa International Airport

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$442 USD /SF

# OF UNITS

4

PRICE/UNIT

$300,000

CAP RATE

8.9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quadplex - Short term rentals

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

SH-RS

APN/PARCEL ID

A-36-28-18-4FB-000000-00577.0

ASK ABOUT THIS PROPERTY

Taylor CresswellSellstate RealtyMore Info
239-464-2510

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Taylor CresswellSellstate RealtyMore Info
239-464-2510

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.