For Sale: 803 E 128th Ave, Tampa, FL 33612

Investment Opportunity: Prime Tampa Property with High Rental Potential

Overview

Located just twelve minutes from downtown Tampa and close to Interstate 275, this property at 803 E 128th Ave, Tampa, FL 33612 presents an exceptional investment opportunity. Currently featuring 2 bedrooms and 3 bathrooms, it offers the potential to convert two additional rooms into bedrooms, adding significant value and appeal. With strategic improvements, this property can become a highly profitable rental or resale.

Property Details

• Address: 803 E 128th Ave, Tampa, FL 33612
• Asking Price: $249,900
• Property Type: Single-Family Residence
• Bedrooms/Bathrooms: 4 Beds, 3 Baths
• Square Footage: 1,651 Sqft
• Projected Monthly Rent: $3,000

Current Layout

The existing layout includes spacious rooms and a unique setup that can be further optimized for rental income. The two additional rooms can be converted into bedrooms by adding closets, increasing the total bedroom count to four.

Strategic Improvements

1. Cohesive Split Floor Plan

Creating a cohesive split floor plan is essential for maximizing the property’s appeal. This approach not only enhances the living experience for future tenants but also makes the property more marketable to potential buyers.

2. Obtain Permits

The home offers an exciting opportunity as it awaits official permitting following its recent conversion into a duplex.

Rental Income Potential

Comparable properties in the area suggest a projected monthly rental income of $3,000. With the main home configured as a 2/2 and a separate attached unit as a 2/1, the property can attract diverse tenants, including families and professionals seeking proximity to downtown Tampa.

Conclusion

This property is a prime investment opportunity in the highly sought-after Tampa area. By focusing on strategic improvements, such as creating a cohesive floor plan, obtaining necessary permits, and upgrading the roof and HVAC system, investors can significantly enhance the property’s value and rental income potential. With a projected monthly rental income of $3,000, this property promises substantial returns and a high rental demand. Don’t miss out on this exceptional investment opportunity in one of Tampa’s prime locations.

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