5208 N SUWANEE AVENUE

$ 850,000
5208 N SUWANEE AVENUE, ,

Overview

  • Updated On:
  • December 12, 2024
  • 2,979 ft2
  • 0 ft2
  • 3 Rooms
  • 5 Bedrooms
  • 5 Bathrooms

Description

Under contract-accepting backup offers. 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!

Property Id : 6444814
Price: $ 850,000
Property Size: 2,979 ft2
Property Lot Size: 0 ft2
Rooms: 3
Bedrooms: 5
Bathrooms: 5
Bathrooms Full: 5
Bathrooms Half: 0
CoveredSpaces: 1
DaysOnMarket: 150
Directions: north on florida ave, right on frierson to suwannee ave.
Flooring: Hardwood
Heating: Central
Levels: Multi/Split
Lot Size Area: 7392
ParcelNumber: A0129184G500000500002.0
Pets Allowed: Yes
Roof: Shingle
Sewer: Public Sewer
SpecialListingConditions: None
StateOrProvince: FL
YearBuilt: 1914
Other Features
Dishwasher
Has Carport
Has Cooling System
Has Fireplace
Has Heating System
Microwave
Other
Range
Range Hood
Refrigerator
Address: 5208 N SUWANEE AVENUE
City:
State/County:
Zip: 33603
Country: US
Open In Google Maps
$ 4,358.12
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,295.62

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