2402 N Highland Avenue, TAMPA, FL

$1,499,000

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8

Beds

10

Baths

5,288

Square feet

0.25

Acres

About 2402 N Highland Avenue

Great opportunity to purchase part of Tampa Height's History. There are a total of 8 rental units in 4 buildings: 1 Single family-4 bedroom/2 bath, 2nd Single Family-2 bedroom/2 bath, 1 Apartment Building with 4 studio units plus TWO- 1 bedroom/1 bath units. Built in 1935, 1940, and 1946, these buildings reflect a rich history from a time when Tampa Heights blossomed into a vibrant community characterized by residential and commercial growth. Each unit and both homes are separately metered and tenants pay all utilities except water/sewer and small gas bill. This lot is 10,922 sq ft and is zoned RM-24. If redeveloped, it is approved for 6 new units. This property has been treasured by the same family since 1960, serving as a beacon of hope and renewal for many. The owner has offered below-market rental rates, as a service in the community for the past 15 years. With some renovations, these stately residences have the potential to significantly increase the rental income.The property has great access on a corner and with an alley running along the north side. Conveniently located just a few blocks from Highland Park, the YMCA, Armature Works, and the scenic Tampa Riverfront Waterworks park, this property is also near Perry Harvey Sr. Park’s skatepark, a variety of shopping options, entertainment hubs, fine dining, as well as cultural and artistic venues. With easy access to Downtown Tampa, Ybor City, and Tampa International Airport, the location is ideal for both residents and investors. The property's size and location present a unique development opportunity in one of Tampa Bay's fastest-growing neighborhoods. As the area's progress continues, opportunities like this are becoming increasingly rare. Please respect the privacy of the current tenants—do not trespass or engage with them. Showings are available by appointment only with 48-72 hours' notice.

Features of 2402 N Highland Avenue

MLS® # TB8407243
Price $1,499,000
Bedrooms 8
Bathrooms 10.00
Square Footage 5,288
Acres 0.25
Year Built 1935
Type Residential Income
Sub-Type Multi Family
Status Active
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Listing Details

OfficeLPT REALTY, LLC

Listing Map

Neighborhood Information for 2402 N Highland Avenue

Close to Penitentiary, High Residential Turnover, Close Proximity to Sea/Ocean

Weather

Highs


January 70.10℉
July 89.70℉

Lows


January 75.30℉
July 75.30℉
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Precipitation


44.77

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Nearby Schools

Great Schools School Name Distance  
Great School

Brewster Technical College

Public - to
0 Miles
Great School

Waters Career Center

Public - to
0 Miles
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Hillsborough Virt Instr Prgs

Public - Kindergarten to 12Th Grade - Closest Elementry School
0 Miles
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Hillsborough Virtual Franchise High School

Public - Kindergarten to 12Th Grade - Closest Middle School
0 Miles
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Villa Madonna School

Catholic - Preschool to 8Th Grade
0 Miles
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Metropolitan Ministries Partnership Elementary School

Public - Kindergarten to 5Th Grade
0 Miles
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Graham Elementary School

Public - Preschool to 5Th Grade
0 Miles

School data provided by GreatSchools

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