TAMPA, FL 33603

Property

Ownership: Fee Simple
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 3
Lot Size: 0.2 Acres

Financials

Price:$599,000
Annual Taxes:$5,087.51
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of KELLER WILLIAMS ST PETE REALTY

Income producing opportunity in Southeast Seminole Heights !

bedroom 1
bedroom 1
bedroom 2
bedroom 3/bonus
Units B and C
Units B and C
Unit C
bedroom 1
bedroom 1
bedroom 2
bedroom 2
Upstairs Unit B

Description

Income-producing opportunity in Southeast Seminole Heights! This versatile property offers three separate living spaces across two buildings and generated $57,600 in gross rental income in 2025, according to the seller. The main residence features generously sized bedrooms and distinctive architectural character, including arched openings, a living-room fireplace, and a covered front porch. Its flexible layout can function as a 3-bedroom, 1-bathroom home or as a 2-bedroom residence with a dedicated office, den, or flex room. Estimated market rent is approximately $1,900-$2,000 per month. The detached two-story accessory building contains two updated residences. The downstairs 2-bedroom, 1-bathroom unit is estimated to rent for approximately $1,350 per month, while the upstairs 3-bedroom, 1-bathroom unit is estimated at approximately $1,550 per month. The rear building offers separate access, parking, and convenient entry from the back alley, providing additional privacy and independence from the main residence. Combined estimated rents total $4,800 per month, or $57,600 annually in potential gross rental income. The flexible configuration makes this an attractive option for a full investment property, multigenerational living, or an owner-occupant seeking to offset housing expenses with rental income. The detached ADU building is leased through August 29, 2027 (Unit #B) and Unit #C is leased through September 30, 2027. Located approximately 3 miles from Downtown Tampa and minutes from I-275, with convenient access to Armature Works, Ybor City, Busch Gardens, USF, dining, entertainment, and major employment centers. No HOA. Buyer to verify zoning, permitted use, room dimensions, rental information, and all details material to the buyer’s intended use.

Amenities

  • Cable - Available
  • Electricity Available
  • High ceiling
  • Lighting
  • Living Room
  • Range
  • Refrigerator
  • Water Available
  • Water Connected

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.