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236 North Street, Tampa, FL 33604
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  • MLS#: TB8483186 ( Residential )
  • Street Address: 236 North Street
  • Viewed: 1
  • Price: $1,200,000
  • Price sqft: $212
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 5663
  • Bedrooms: 6
  • Total Baths: 4
  • Full Baths: 4
  • Days On Market: 1
  • Additional Information
  • Geolocation: 28.0056 / -82.4647
  • County: HILLSBOROUGH
  • City: Tampa
  • Zipcode: 33604
  • Subdivision: North Park Annex
  • Provided by: SELLSTATE COASTAL REALTY
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  • 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. Tampas 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 Floridas fastest growing markets.
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Features
Building and Construction
  • Basement: CrawlSpace
  • Covered Spaces: 0.00
  • Exterior Features: Awnings, Balcony, SprinklerIrrigation, RainBarrelCisterns, RainGutters, Storage
  • Flooring: PorcelainTile, Tile, Wood
  • Living Area: 2713.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, WallWindowUnits, CeilingFans
  • Heating: Central
  • Sewer: PublicSewer
  • Utilities: CableAvailable, NaturalGasConnected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Appliances: ConvectionOven, Cooktop, Dryer, Dishwasher, ElectricWaterHeater, Disposal, Microwave, Washer
  • Country: US
  • Interior Features: CeilingFans, HighCeilings
  • Legal Description: NORTH PARK ANNEX LOT 577
  • Levels: Two
  • Area Major: 33604 - Tampa / Sulphur Springs
  • Occupant Type: Tenant
  • Parcel Number: A-36-28-18-4FB-000000-00577.0
  • The Range: 0.00
  • Zoning Code: SH-RS
Headshot for Associate Marian Casteel
  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. 352.601.6367
  6. mariancasteel@yahoo.com