Exceptional investment opportunity in the heart of highly desirable Hyde Park. 509 S Willow Avenue offers a rare and versatile property consisting of two spacious 4-bedroom, 3.5-bath residences, each configured as a 3-bedroom, 2.5-bath main townhouse with an additional approximately 500-square-foot 1-bedroom, 1-bath rear apartment. Each residence offers approximately 2,800 square feet of main living area and an oversized 2-car garage. No HOA Fees Quality construction and finishes are found throughout, including 12-foot ceilings on both floors, crown molding, travertine flooring throughout the main living areas, granite countertops, stainless steel appliances, raised-panel cabinetry and solid wood doors. Andersen double-pane windows and patio doors, masonry construction and numerous additional structural upgrades further distinguish these residences. The commercial-grade TPO roof was replaced in 2017, and the owner carries a 20-year warranty through December 2037 that may be transferable for a $500 fee. Additional property and construction information is available upon request. The property is currently leased and operated by a professional short-term rental management company, with an established rental history and reservations extending into 2027. Rental history and financial performance information are available to qualified buyers upon request. For buyers interested in continuing the property's current use, the existing management company is willing to continue professionally managing the short-term rental operation. offering the potential for a seamless transition following closing. Continuation or transfer of existing reservations is subject to applicable agreements and arrangements between the parties. The property is currently fully furnished and equipped for short-term rental use. Furnishings, electronics, fitness/gym equipment and other operational items are not included in the real estate offering price but may be available for purchase separately, creating the potential for a turnkey acquisition. The flexible configuration offers numerous possibilities, including short-term or long-term rental use, multigenerational living, guest accommodations or owner occupancy, subject to applicable regulations and restrictions. Ideally located near Hyde Park Village, Bayshore Boulevard, SoHo, Downtown Tampa and the University of Tampa, with convenient access to dining, shopping, entertainment and recreation. A distinctive opportunity to acquire two substantial residences with additional private living spaces in one of Tampa's most desirable neighborhoods. Property is actively operated as a short-term rental and may be occupied by guests. Showings are by appointment only and must be coordinated with the listing agent. Please do not disturb occupants.