About 1514 E North Bay Street
This exceptional income-producing duplex at 1514 E North Bay Street, Tampa, FL 33610 presents an outstanding investment opportunity with immediate cash flow and strong upside. Built in 1934, this well-maintained property features two separate 3-bedroom, 2-bathroom units totaling 1,726 heated square feet on a 6,250-square-foot lot, with each unit offering comfortable living spaces and strong rental appeal. The property was recently occupied with Unit 1 rented for $2,000/month and Unit 2 rented for $2,200/month, both on month-to-month leases, generating a combined gross annual rental income of $50,400. Recent improvements include the front A/C unit replaced in 2022, back A/C unit replaced in 2024, a fully remodeled kitchen in 2022, and new flooring installed in 2022, providing peace of mind for investors. Each residence has its own water meter, while electric service is shared. Conveniently located just minutes from Downtown Tampa, Ybor City, Armature Works, Tampa Riverwalk, major hospitals, shopping, dining, entertainment, I-275, and I-4, this property offers tenants exceptional accessibility and convenience. Whether you're expanding your investment portfolio or seeking a turnkey duplex with stable rental income, this property is an excellent opportunity. Property is being sold strictly AS-IS. Realtor has an ownership interest in the property.
Features of 1514 E North Bay Street
| MLS® # | TB8529405 |
|---|---|
| Price | $385,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Square Footage | 1,726 |
| Acres | 0.14 |
| Year Built | 1934 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Listing Details
| Office | PEOPLE'S CHOICE REALTY SVC LLC |
|---|
Listing Map
Neighborhood Information for 1514 E North Bay Street
Stable Population, Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
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Young Middle Magnet School Public - 6Th Grade to 8Th Grade - Closest Middle School |
0 Miles | |
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Edison Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
0 Miles | |
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Lee Elementary Magnet School Public - Kindergarten to 5Th Grade |
0 Miles | |
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Lockhart Elementary Magnet School Public - Preschool to 5Th Grade |
0 Miles | |
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Linabean Academy Inc. Private - Kindergarten to 12Th Grade |
1 Miles | |
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Ferrell Girls Preparatory Academy Public - 6Th Grade to 8Th Grade |
1 Miles | |
|
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Middleton High School Public - 9Th Grade to 12Th Grade - Closest High School |
1 Miles |
School data provided by GreatSchools