$1,200,000
236 North Street
Tampa, FL 33604
Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
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.
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 history1 days on market
- Status: ActiveMar 5, 2026
- Listed$1,200,000Mar 5, 2026
- Price increased$1,200,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 1
- Subdivision
- North Park Annex
- County
- Hillsborough
- Year built
- 1925
- Living area
- 2,713 sq ft
- Price/sq ft
- $442
- Building area
- 5,663 sq ft (Public Records)
- Lot size
- 5,490 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- x
- Annual taxes
- $11,097 (2025)
- Parcel #
- A-36-28-18-4FB-000000-00577.0
- Zoning
- SH-RS
- MLS #
- TB8483186
Interior Details
- Bedrooms
- 6
- Full bathrooms
- 4
- Flooring
- Tile, Wood
- Appliances
- Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Washer
- Interior features
- Ceiling Fans(s), High Ceilings
- Laundry
- Laundry Room
- Stories / Levels
- Two
- Direction faces
- East
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air, Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 6 Months
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- None
Exterior & Construction
- Exterior features
- Awning(s), Balcony, Rain Barrel/Cistern(s), Rain Gutters, Storage
- Construction materials
- Wood Siding
- Roof
- Shingle
- Foundation
- Crawlspace, Slab
- Road surface
- Asphalt, Concrete
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Natural Gas Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | |
| Primary Bedroom | First | |
| Kitchen | First | |
| Bathroom 1 | First |
Listing Details
- Listing date
- 2026-03-01
- On market date
- 2026-03-05
- Original list price
- $1,200,000
- Occupant type
- Tenant
- MLS area
- 33604 - Tampa / Sulphur Springs
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-03-05
- Tax legal description
- NORTH PARK ANNEX LOT 577
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
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) 1. From Downtown Tampa, get on I-275 North. 2. Take Exit 47B – Hillsborough Ave East. 3. Turn left onto N Florida Ave. 4. Turn right onto W North St. 5. Property will be on the left. ?? The property is located in the Seminole Heights / South Seminole Heights area, one of Tampa’s fastest growing neighborhoods with strong rental demand.
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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 March 6, 2026 at 2:33 PM 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