4 Beds
5 Baths
2,835 SqFt
4 Beds
5 Baths
2,835 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,835 sqft
Price per Sqft $992
Subdivision Bay City Revised Map
MLS Listing ID TB8536971
Bedrooms 4
Construction Status Completed
HOA Y/N No
Year Built 1998
Annual Tax Amount $12,501
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 50x105
Property Sub-Type Duplex
Source Stellar MLS
Property Description
Fully Leased Single-Family Residence • 7.0% Cap Rate • Tenant in Place • Steps from Bayshore Boulevard.
An exceptional opportunity to acquire a turnkey, income-producing luxury single-family residence in one of South Tampa's most coveted locations, just steps from iconic Bayshore Boulevard. Perfectly positioned in the heart of Bayshore Beautiful, this fully leased investment combines immediate cash flow with one of Tampa's strongest luxury rental markets. The property is secured by a one-year lease from July 27, 2026 through July 26, 2027, with the current tenants holding the option to extend for an additional year, generating $19,500 per month ($234,000 annually) and delivering an impressive 7.0% capitalization rate with an estimated Net Operating Income (NOI) of $197,006. The tenant pays all utilities, while the owner is responsible only for lawn and pool maintenance in addition to standard ownership expenses, creating a highly desirable, low-management investment.
Beautifully remodeled from top to bottom, this 2,835-square-foot detached single-family home offers four bedrooms, four-and-a-half bathrooms, and luxury finishes throughout. The thoughtfully designed floor plan features an upstairs primary suite, spacious living and entertaining areas, and exceptional craftsmanship that continues to attract discerning executive tenants. The resort-inspired outdoor living space is equally impressive, showcasing a screened lanai, heated saltwater spa, gas fire pit, and private entertaining area, creating the perfect extension of the home's luxurious interior. Additional premium amenities include a whole-house generator, air-conditioned garage, and the property is offered fully furnished, making this a truly turnkey acquisition.
Just moments from Bayshore Boulevard's scenic waterfront, Hyde Park Village, Downtown Tampa, Water Street, Tampa General Hospital, and South Tampa's finest dining, shopping, and entertainment, this rare offering presents the opportunity to acquire a stabilized luxury single-family rental asset in one of Tampa Bay's most prestigious and supply-constrained neighborhoods, where premier locations and consistent executive rental demand continue to drive long-term value and investment performance.
Location
State FL
County Hillsborough
Community Bay City Revised Map
Area 33611 - Tampa
Zoning RS-60
Rooms
Other Rooms Den/Library/Office
Interior
Interior Features Crown Molding, Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Wet Bar
Heating Central
Cooling Central Air
Flooring Carpet, Ceramic Tile, Wood
Fireplaces Type Gas, Living Room
Furnishings Furnished
Fireplace true
Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
Laundry Inside
Exterior
Exterior Feature Fire Pit, French Doors
Parking Features Driveway, Garage Door Opener, On Street
Garage Spaces 2.0
Community Features None
Utilities Available Cable Available, Electricity Connected, Public
View Y/N No
Water Access No
Roof Type Tile
Porch Porch, Rear Porch, Screened
Attached Garage true
Garage true
Private Pool No
Building
Lot Description City Limits, Near Public Transit, Paved
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Completed
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Nearby Locations
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