$999,999
316 Columbus Drive
Tampa, FL 33602
Listing updated: May 5, 2026 at 10:53 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Fully rented multi-unit investment opportunity just minutes from Armature Works and Downtown Tampa. This income-producing property features multiple structures with strong rental flexibility and future development potential in a rapidly growing corridor. The front building includes a 4 bedroom / 2 bath layout currently configured into four individual units, plus an upstairs 2 bedroom / 1 bath unit and an additional 1 bedroom / 1 bath unit below. In the rear of the property, a detached 1 bedroom / 1 bath cottage provides additional income and tenant appeal. Property features include community laundry, private laundry inside the 4/2, and multiple rental configurations designed to maximize cash flow. Prime location near the Riverwalk, Armature Works, Downtown Tampa dining, retail, and major employment hubs. Fully rented with immediate income in place. Strong cash flow today with long-term appreciation and redevelopment upside. Ideal for investors seeking stabilized returns in a high-demand area.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history78 days on market
- Status: ActiveFeb 16, 2026
- Listed$1,199,900Feb 16, 2026
- Price reduced$999,999
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 78
- Subdivision
- West Highlands
- County
- Hillsborough
- Year built
- 1921
- Living area
- 2,606 sq ft
- Price/sq ft
- $384
- Lot size
- 7,440 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12057C0354J)
- Annual taxes
- $5,072 (2024)
- Parcel #
- A-13-29-18-4Y3-000001-00008.0
- Zoning
- RM-16
- MLS #
- TB8476378
Ask about this home
Have a question? Ask the broker directly.
Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.
Interior Details
- Bedrooms
- 8
- Flooring
- Ceramic Tile
- Interior features
- Ceiling Fans(s), Walk-In Closet(s)
- Laundry
- Inside, Laundry Closet
Heating & Cooling
- Heating
- Ductless
- Cooling
- Central Air, Mini-Split Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Courtyard, Private Yard
- Construction materials
- Frame, Wood Siding
- Roof
- Shingle
- Foundation
- Pillar/Post/Pier
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public
Listing Details
- Listing date
- 2026-02-16
- On market date
- 2026-02-16
- Original list price
- $1,199,900
- MLS area
- 33602 - Tampa
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-02-16
- Tax legal description
- WEST HIGHLANDS LOT 8 LESS N 6 FT FOR R/W BLOCK 1
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I-275, take Exit 44 toward Downtown East/West and merge onto N Tampa Street heading south; continue approximately 0.6 miles, then turn right onto W Columbus Drive, and the property will be on the south (right) side of the street.
More homes like this
$30,000
1160 19th St
Orange City, FL 32763
0.11 acres
West Highlands
MLS ID #V4942515, CHARLES RUTENBERG REALTY ORLANDO.
Listing provided by Stellar MLS
$39,990
5th St
Orange City, FL 32763
0.13 acres
West Highlands
MLS ID #OM724756, DALTON WADE INC.
Listing provided by Stellar MLS
$250,000
890 Deland Ave
Orange City, FL 32763
3 bd · 2 ba · 1,252 sqft
West Highlands
MLS ID #O6404891, MARK SPAIN REAL ESTATE.
Listing provided by Stellar MLS
$320,000
1221 3rd St
Orange City, FL 32763
3 bd · 2 ba · 1,249 sqft
West Highlands
MLS ID #O6416528, RE/MAX EXCLUSIVE COLLECTION.
Listing provided by Stellar MLS
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 5, 2026 at 10:53 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA