To schedule a showing of 236 W North Street, Tampa, Florida, Call David Shippey at 863-521-4517 TODAY!
Tampa, FL 33604
- 6Beds
- 4.00Total Baths
- 4 Full, 0 HalfBaths
- 2,713SqFt
- 1925Year Built
- 0.13Acres
- MLS# TB8483186
- Residential
- SingleFamilyResidence
- Active
- Approx Time on Market3 months, 10 days
- Area33604 - Tampa / Sulphur Springs
- CountyHillsborough
- Subdivision North Park Annex
Overview
Value-Add Quadplex in Seminole Heights | Hybrid Income StrategyExceptional investment opportunity in the heart of Seminole Heights, one of Tampas fastest-growing and most desirable neighborhoods. This 4-unit multifamily property offers immediate cash flow with significant upside through a proven hybrid rental model.The property consists of: Unit A: 2BR/1BA Unit B: 1BR/1BA (currently operating as an Airbnb) Unit C: 2BR/1BA Unit D: 1BR/1BAUnits A, C, and D are leased under annual agreements, providing stable in-place income, while Unit B is actively operated as an Airbnb, creating additional revenue potential and operational flexibility.The property is currently generating approximately $98,345 in annual NOI, representing an 8.94% in-place cap rate at the current asking price of $1,100,000. Investors may realize additional upside through rental optimization, furnished rentals, or expanded short-term rental operations, subject to local regulations.Situated on a prominent corner lot in Seminole Heights, the property is conveniently located near Downtown Tampa, Ybor City, Armature Works, Raymond James Stadium, Midtown Tampa, I-275, and Tampa International Airport. Its proximity to major employment centers, entertainment districts, and the Hillsborough River supports strong demand from residents, business travelers, and visitors alike.Investment Highlights:? 4 Income-Producing Units? Three Annual Leases in Place? One Active Airbnb Unit? Approximately $98K+ Annual NOI? 8.94% In-Place Cap Rate? Pro Forma Cap Rate Exceeding 11%? Walk-to-River Location? Hybrid Long-Term / Short-Term Rental Strategy? Prime Seminole Heights LocationWhether seeking stable cash flow, value-add potential, or a hybrid investment strategy, 236 W North Street presents a rare opportunity to acquire a high-performing multifamily asset in one of Tampa Bays strongest growth markets.Offered at $1,100,000. Financials available upon request.
Agriculture / Farm
Association Fees / Info
Bathroom Info
Total Baths: 4.00
Fullbaths: 4
Building Info
Roof: Shingle
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Patio: Balcony
Exterior Features: Awnings, Balcony, SprinklerIrrigation, RainBarrelCisterns, RainGutters, Storage
Fees / Restrictions
Financial
Original Price: $1,200,000
Garage / Parking
Green / Env Info
Interior Features
Floors: PorcelainTile, Tile, Wood
Levels: Two
Laundry Features: LaundryRoom
Interior Features: CeilingFans, HighCeilings
Appliances: ConvectionOven, Cooktop, Dryer, Dishwasher, ElectricWaterHeater, Disposal, Microwave, Washer
Lot Info
Direction Remarks: Directions1.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 Tampas fastest growing neighborhoods with strong rental demand.
Lot Size Units: Acres
Lot Size Acres: 0.13
Lot Sqft: 5,490
Est Lotsize: 45x122
Misc
Other
Special Conditions: None
Other Rooms Info
Basement: CrawlSpace
Property Info
Section: 36
Class Type: SingleFamilyResidence
Property Sub Type: SingleFamilyResidence
Construction Materials: WoodSiding
Stories: 2
Total Stories: 2
Foundation: Crawlspace, Slab
Human Modified: Yes
Room Info
Total Rooms: 4
Sqft Info
Sqft: 2,713
Bulding Area Sqft: 5,663
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,025
Tax Lot: 577
Tax Legal Description: NORTH PARK ANNEX LOT 577
Tax Annual Amount: 11096.61
Tax Book Number: 9-46
Unit Info
Utilities / Hvac
Heating: Central
Water Source: Public
Sewer: PublicSewer
Cool System: CentralAir, WallWindowUnits, CeilingFans
Cooling: Yes
Heating: Yes
Utilities: CableAvailable, NaturalGasConnected
Waterfront / Water
Directions
Directions1.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 Tampas fastest growing neighborhoods with strong rental demand.This listing courtesy of Sellstate Coastal Realty
If you have any questions on 236 W North Street, Tampa, Florida, please call David Shippey at 863-521-4517.
MLS# TB8483186 located at 236 W North Street, Tampa, Florida is brought to you by David Shippey REALTOR®
236 W North Street, Tampa, Florida has 6 Beds, 4 Full Bath, and 0 Half Bath.
The MLS Number for 236 W North Street, Tampa, Florida is TB8483186.
The price for 236 W North Street, Tampa, Florida is $1,100,000.
The status of 236 W North Street, Tampa, Florida is Active.
The subdivision of 236 W North Street, Tampa, Florida is North Park Annex.
The home located at 236 W North Street, Tampa, Florida was built in 2026.
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MLS IDX data last updated on 06-16-2026 2:00 AM EST.