236 W NORTH STREET
TAMPA, FL, 33604
Price$1,200,000
Beds6
Baths4
SqFt2,713
Baths4
SqFt2,713
Status:Active
Property Type:Residential
School:
Property Type:Residential
School:
Value-Add Quadplex with Short-Term Rental Upside – Tampa Investment Opportunity
Prime multifamily investment opportunity in the rapidly expanding Tampa market. This 4-unit property presents investors with a rare chance to acquire a stabilized asset with significant upside through repositioning into short-term rentals (Airbnb/VRBO), furnished rentals, or corporate housing.
Each unit offers an ideal layout for short-term guests, traveling professionals, or extended-stay tenants. Tampa’s strong tourism industry, year-round events, and growing population continue to drive exceptional demand for short-term accommodations, creating a powerful income optimization opportunity for investors.
Strategically located with convenient access to Downtown Tampa, Raymond James Stadium, Midtown, Ybor City, Tampa International Airport, and major highways, the property is well positioned to attract both leisure and business travelers.
Investors have the ability to operate as traditional multifamily or reposition units to short-term rentals to unlock significantly higher revenue potential, with projected performance supporting an estimated cap rate exceeding 10 + after value-add improvements and optimized short-term rental operations.
Investment Highlights
• 4-unit multifamily property
• Strong value-add opportunity
• Ideal for Airbnb / VRBO / furnished rentals
• High-demand Tampa rental market
• Excellent location near major attractions and employment hubs
• Projected double-digit cap rate potential after value-add
This is an excellent opportunity for investors seeking to reposition a multifamily asset into a high-performing short-term rental property in one of Florida’s fastest-growing markets.
| Price | $1,200,000 | |
| Bedrooms | 6 | |
| Full Baths | 4 | |
| Half Baths | 0 | |
| Total Baths | 4 | |
| Lot Size | 45 x 122 | |
| Lot Size Area | 5490 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.13 | |
| Property Type | Residential | |
| Sub type | Single Family Residence | |
| MLS Sub type | Single Family Residence | |
| Features | Ceiling Fan(s), High Ceilings | |
| Exterior Features | Awning(s), Balcony, Irrigation System, Rain Barrel/Cistern(s), Rain Gutters, Storage | |
| Year Built | 1925 | |
| Subdivision | NORTH PARK ANNEX | |
| Roof | Shingle | |
| Heating | Central | |
| Foundation | Crawlspace, Slab | |
| Laundry Features | Laundry Room | |
| 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 — 236 W North St will be on your left. Alternate Route (via I-275) ?? The property is located in the Seminole Heights / South Seminole Heights area, one of Tampa’s fastest growing neighborhoods with strong rental demand. |
|
| County | Hillsborough | |
| Latitude | 28.005594 | |
| Longitude | -82.464716 | |
| Market Area | 33604 – Tampa / Sulphur Springs | |
| Address | 236 W NORTH STREET, TAMPA, FL 33604 | |
| Postal Code | 33604 | |
| City | TAMPA | |
| State | FL | |
| Country | United States | |
| Listing Office | SELLSTATE COASTAL REALTY | |
| Listing Office Phone | 813-940-0101 | |
| Listing Agent | Eriola Goldman | |
| Listing Agent Phone | 239-464-2510 | |
| Special listing conditions | None | |
| Ownership | Fee Simple | |
| Virtual Tour URL | https://www.propertypanorama.com/instaview/stellar/TB8483186 | |
| Days on market | 1 | |
| MLS Status | Active | |
| Listing Date | Mar 5, 2026 | |
| Listing Last Modified | Mar 6, 2026 | |
| Tax ID | A3628184FB00000000577.0 | |
| Tax Year | 2025 | |
| Tax Annual Amount | 11096 | |
| MLS Area | 33604 – Tampa / Sulphur Springs | |
| MLS # | TB8483186 | |
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