About N/A
This is a unique investment opportunity in the heart of Tampa's historic Seminole Heights neighborhood. The combined properties at 5113 and 5115 N Central Ave span approximately 0.8 acres, making it one of the largest residential and multi-family lots in the area. Currently, the property features nine units, including two single-family homes, with the potential to convert an existing storage unit into an additional apartment, increasing rental income. It is currently self-managed with below-market rents, presenting significant upside potential through value-add improvements. The property consists of eight 1 Bedroom 1 Bath and one 2 Bedroom 1 Bath units and has steady demand. Seminole Heights is known for its historic charm, early 20th-century bungalows, tree-lined streets, and a vibrant community filled with trendy restaurants, breweries, and boutiques. As the neighborhood continues to grow in popularity and value, this expansive lot offers both immediate income and long-term appreciation potential. Don't miss out on this exceptional opportunity to own a prime asset in one of Tampa's most sought-after areas. The property has 6 buildings, consisting of 4 duplexes and 2 stand alone homes. Future Land Use R-20
Features of N/A
| MLS® # | TB8349274 |
|---|---|
| Price | $1,350,000 |
| Sold Price | $1,091,475 |
| Sold Date | September 3rd, 2025 |
| Bedrooms | 10 |
| Bathrooms | 9.00 |
| Square Footage | 6,455 |
| Acres | 0.80 |
| Year Built | 1942 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Sold |
Listing Details
| Office | COMPASS FLORIDA LLC |
|---|
Neighborhood Information for N/A
Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Broward Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
0 Miles | |
|
Seminole Heights Charter High School Public - 9Th Grade to 12Th Grade |
0 Miles | |
|
|
Walton Academy Public - Kindergarten to 5Th Grade |
0 Miles | |
|
|
Memorial Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
Hillsborough High School Public - 9Th Grade to 12Th Grade - Closest High School |
1 Miles | |
|
|
Tampa Catholic High School Catholic - 9Th Grade to 12Th Grade |
1 Miles | |
|
|
Mendenhall Elementary School Public - Kindergarten to 5Th Grade |
1 Miles |
School data provided by GreatSchools