5208 N SUWANEE AVENUE

Tampa, FL 33603
$850,000
2979 sqft | 5 beds | 5 baths | 0.17 acres | #T3532202

Description

CASH COW! Fully vacant and ready to hand select your tenants! Discover a truly unique investment opportunity in the heart of Seminole Heights! Don't pay for your home, let your home pay for you! This charming 2-bedroom, 2-bathroom home spans 1,254 square feet and is brimming with character, having stood the test of time for over 100 years. Enjoy mornings on the expansive front porch, complete with a cozy porch swing. Inside, you’ll find original hardwood floors, an oversized fireplace, two separate living areas, and a spacious dining room featuring a historic built-in hutch. The fully remodeled kitchen is a chef’s dream, boasting top-of-the-line stainless steel appliances, including a gas range, quartz countertops, a pot filler, and stunning stained glass windows. What truly sets this property apart is the fully finished 669-square-foot studio apartment in the basement—one of the very few homes in Tampa with this feature! Whether you choose to rent it out to help cover your mortgage or use it as an in-law suite, this basement apartment offers incredible flexibility. But that’s not all! The property also includes a detached duplex apartment building in the back, featuring two 1-bedroom,1-bathroom units, each over 500 square feet. These units are ready to rent at $1,200 per month $1,500 per month, $1,600 per month, and $2,800 per month! providing a significant boost to your mortgage payments. The main home has seen numerous upgrades, including new plumbing in 2006 and a new main water line in 2008, new electric in 2006, a new roof in 2016, and restored original wood windows by a master carpenter in 2009. The duplex has also been well-maintained, with foundation work completed in 2005, a brand new roof over the duplex in May of 2024 the upstairs unit remodeled in 2020, central air and heat installed in 2022, and the downstairs unit remodeled in 2016. This property is a rare gem in a vibrant neighborhood, offering both historical charm and modern amenities. Don’t miss your chance to own a piece of Seminole Heights with incredible income potential! Home has also recently been tented and comes with a fully transferable warranty!
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  • Interior Details
    • Interior Features
      • Interior:Other
    • Beds & Baths
      • Bedrooms:5
      • Bathrooms:5
      • Full Baths:5
  • Property Details
    • Property
      • Stories:1
      • Exterior materials:Other
    • Measurements
      • Acres:0.17
      • Square Feet:2979
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Basement:Finished
    • Condition
      • Year built:1914
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Other
  • Community and Neighborhood Details
    • Community
      • Subdivision:SEMINOLE HEIGHTS OF NORTH TAMP
    • Location
      • County:Hillsborough
  • Financial Details
    • Pricing Details
      • Original List Price:$899, 999
      • Days on Market (Cumulative):140
      • Taxes annual:$2, 331
  • Restrictions
    • Pets
      • Pets Allowed:Yes
  • Other
    • Source
      • MLS #:T3532202

Location

Mirka del AmoReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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