Asha Joseph
BEDS6
BATHS4 full
SQUARE FEET2,713
MLS#TB8483186
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONNORTH PARK ANNEX
Property Description
Value-Add Quadplex in Seminole Heights | Hybrid Income StrategyExceptional investment opportunity in the heart of Seminole Heights, one of Tampa's fastest-growing and most desirable neighborhoods. This 4-unit multifamily property offers immediate cash flow with significant upside through a proven hybrid rental model.The property consists of: Unit A: 2BR/1BA Unit B: 1BR/1BA (currently operating as an Airbnb) Unit C: 2BR/1BA Unit D: 1BR/1BAUnits A, C, and D are leased under annual agreements, providing stable in-place income, while Unit B is actively operated as an Airbnb, creating additional revenue potential and operational flexibility.The property is currently generating approximately $98,345 in annual NOI, representing an 8.94% in-place cap rate at the current asking price of $1,100,000. Investors may realize additional upside through rental optimization, furnished rentals, or expanded short-term rental operations, subject to local regulations.Situated on a prominent corner lot in Seminole Heights, the property is conveniently located near Downtown Tampa, Ybor City, Armature Works, Raymond James Stadium, Midtown Tampa, I-275, and Tampa International Airport. Its proximity to major employment centers, entertainment districts, and the Hillsborough River supports strong demand from residents, business travelers, and visitors alike.Investment Highlights:? 4 Income-Producing Units? Three Annual Leases in Place? One Active Airbnb Unit? Approximately $98K+ Annual NOI? 8.94% In-Place Cap Rate? Pro Forma Cap Rate Exceeding 11%? Walk-to-River Location? Hybrid Long-Term / Short-Term Rental Strategy? Prime Seminole Heights LocationWhether seeking stable cash flow, value-add potential, or a hybrid investment strategy, 236 W North Street presents a rare opportunity to acquire a high-performing multifamily asset in one of Tampa Bay's strongest growth markets.Offered at $1,100,000. Financials available upon request.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central
Lot Size: 0.13 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $11,096
Year Built: 1925
Amenities
Ceiling Fans(s)
High Ceilings
Awning(s)
Balcony
Rain Barrel/Cistern(s)
Rain Gutters
Storage
Feature Descriptions
Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Washer
Days on Site: 105
Directions: Directions    1.    Start in Downtown Tampa heading north on N Florida Ave.    2.    Continue straight on N Florida Ave for about 3.5 miles.    3.    Turn left onto W North St.    4.    Continue for a short distance â?? 236
Exterior: Wood Siding
Flood Zone Code: x
Flooring: Tile, Wood
Foundation: Crawlspace, Slab
Home Warranty Y/N: No
Lot Dimensions: 0.13
Other Equipment: Irrigation Equipment
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Call Listing Agent
Special Sale Provisions: None
Utilities: Cable Available, Natural Gas Connected
Water: Public
Water Access Y/N: No
Zoning: SH-RS
Listed By / Shown By
Listed By
Agency Name: SELLSTATE COASTAL REALTY
Agency Contact: 813-940-0101
Shown By
Agent Name: Asha Joseph
Agent Phone: Cell: (954) 592-2694
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 3,693.62 per month $2,448.12 Principal & Interest $924.67 Property Tax $320.83 Homeowner's InsuranceChange Payment Information
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
236 W North Street | MLS# TB8483186
This single family home located at 236 W North Street, Tampa, FL 33604 is currently listed for sale with an asking price of $1,100,000. This property was built in 1925 and has 6 bedrooms and 4 full baths with 2713 sq. ft. W North Street is located in the NORTH PARK ANNEX subdivision. Search NORTH PARK ANNEX real estate on ashajoseph.realty100.com today.