1. Kelli Grey
  2. Preferred Property Associates Inc
  3. "Treating People the Way I Like to be treated.......it's that simple"

2402 Highland Avenue, TAMPA, FL 33602

Priced at Only: $1,550,000

Would you like to sell your home before you purchase this one?

  • MLS#: TB8306044 ( Residential Income )
  • Street Address: 2402 Highland Avenue
  • Viewed: 8
  • Price: $1,550,000
  • Price sqft: $267
  • Waterfront: No
  • Year Built: 1935
  • Bldg sqft: 5795
  • Bedrooms: 8
  • Total Baths: 10
  • Days On Market: 92
Description
**8 UNITS** 2 Single Family Homes PLUS 6 unit Apartment Building on this site (**This property did NOT Flood during the recent storms, and had NO water intrusion.) Exceptional Tampa Heights Opportunity. Discover this stunning Tampa Heights property featuring two charming, original single family homes, an additional building with six apartments, and a separate garage/storage structureall nestled along picturesque tree lined brick streets. The Lot spans 10,922 sq. ft. and is zoned RM 24. This versatile lot presents buyers with the option to renovate existing structures or redevelop the site entirely. Built in 1935, 1940, and 1946, these buildings reflect a rich history from a time when Tampa Heights blossomed into a vibrant community characterized by residential and commercial growth. Tampa Heights stands as the city's first significant residential suburb, maintaining its desirability over the years and surging upward in recent years. Established in the 1880s; it drew residents away from downtown, leveraging its favorable transportation accessa trait it retains today. Conveniently located just a few blocks from Highland Park, the YMCA, Armature Works, and the scenic and entertaining Tampa Riverfront Water Works Park, this property is also near Perry Harvey Sr. Parks skatepark, a variety of shopping options, entertainment hubs, fine dining, as well as cultural and artistic venues. With easy access to Downtown Tampa, Ybor City, and Tampa International Airport, the location is ideal for both residents and investors. This property has been treasured by the same family since 1960, serving as a beacon of hope and renewal for many. The owner has offered below market rental rates, aiding countless individuals in regaining their financial footing. With some updating, these stately residences have the potential to significantly increase the rental income. The current use of the property has not intended to maximize rental profits. The property's size and location present a unique development opportunity in one of Tampa Bay's fastest growing neighborhoods. As the area's progress continues, opportunities like this are becoming increasingly rare. Please respect the privacy of the current tenantsdo not trespass or engage with them. Showings are available by appointment only with 24 48 hours' notice. Dont miss out on this incredible opportunity!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Outbuilding(s), Awning(s), Courtyard, Fence
  • Flooring: Laminate, Linoleum, Luxury Vinyl, Tile, Wood
  • Living Area: 5288.00
  • Other Structures: Outbuilding, Storage
  • Roof: Metal, Shingle
Land Information
  • Lot Features: City Limits, Near Public Transit, Sidewalk, Street Brick
School Information
  • High School: Hillsborough-HB
  • Middle School: Madison-HB
  • School Elementary: Graham-HB
Garage and Parking
  • Garage Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Wall Units / Window Unit
  • Pets Allowed: Cats OK
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Rental Information
  • Tenant Pays: Electricity, Water
Other Features
  • Appliances: Range, Refrigerator
  • Country: US
  • Interior Features: Built-in Features, Ceiling Fans(s), Other
  • Legal Description: MUNRO AND MC INTOSH'S ADDITION E 5 FT OF LOT 9 AND LOT 10 BLOCK 11
  • Area Major: 33602 - Tampa
  • Occupant Type: Tenant
  • Parcel Number: A-13-29-18-4XZ-000011-00010.0
  • Possession: Close of Escrow
  • View: City
  • Zoning Code: RM-24

Contact Info

Headshot for Associate Kelli Grey
  1. Kelli Grey
  2. Preferred Property Associates Inc
  3. "Treating People the Way I Like to be treated.......it's that simple"
  4. Mobile: 352.650.7063
  5. Office: 352.688.1303
  6. kgrey@pparealty.com
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