236 W North St · Tampa, FL, 33604
This is a 1925-built single-family home in North Park Annex. Flood zone x — outside the high-risk areas, which keeps insurance manageable. 97 days on market — likely some room to negotiate.
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Schedule tour20% down · 30-yr fixed · 6.5% APR
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About This Property
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.
Location
Property Details
Features
Taxes & Public Records
Annual Tax (2025)
$11,097
Parcel #
A-36-28-18-4FB-000000-00577.0
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary — confirm with the county property appraiser before closing.
Lot & Community
Subdivision
North Park Annex
County
Hillsborough
MLS Area
33604 - Tampa / Sulphur Springs
Lot Size
5,490 sqft
Affordable Financing
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Loan Details
Your Results
- P&I$6,258
- Tax$925
- Insurance$300
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