1514 E North Bay Street, Tampa, FL 33610

$449,000
6
BD
4
BA
1,726
SqFt

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List Price
$449,000
Status
Active
Days on Market
9
MLS#
TB8529405
Property Style
Duplex
Year Built
1934
Bedrooms
6
Bathrooms
4
Living Area
1,726
Lot Size
6,250
Acres
0.14
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Bonita
MLS Area Major
Tampa / East Lake

Property Description

This exceptional income-producing duplex at 1514 E North Bay Street, Tampa, FL 33610 presents an outstanding investment opportunity with immediate cash flow and strong upside. Built in 1934, this well-maintained property features two separate 3-bedroom, 2-bathroom units totaling 1,726 heated square feet on a 6,250-square-foot lot, with each unit offering comfortable living spaces and strong rental appeal. The property was recently occupied with Unit 1 rented for $2,000/month and Unit 2 rented for $2,400/month, both on month-to-month leases, generating a combined gross annual rental income of $52,800. Recent improvements include the front A/C unit replaced in 2022, back A/C unit replaced in 2024, a fully remodeled kitchen in 2022, and new flooring installed in 2022, providing peace of mind for investors. Each residence has its own water meter, while electric service is shared. Conveniently located just minutes from Downtown Tampa, Ybor City, Armature Works, Tampa Riverwalk, major hospitals, shopping, dining, entertainment, I-275, and I-4, this property offers tenants exceptional accessibility and convenience. Whether you're expanding your investment portfolio or seeking a turnkey duplex with stable rental income, this property is an excellent opportunity. Property is being sold strictly AS-IS. Realtor has an ownership interest in the property.

Additional Information

Taxes
$4198
Minimum Lease
No Minimum
Community Features
Street Lights, No Deed Restriction
Property Description
One Story
Zoning
RS-50
Interior Layout
Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat
Interior Features
Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Water Available
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Stucco
Exterior Features
Fence
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Garage Features
Driveway
Elementary School
Edison-Hb
Middle School
Sligh-Hb
High School
Middleton-HB
Flood Zone Code
X
Parcel ID
A-06-29-19-4BL-000012-00015.0
Legal Description
BONITA LOT 15 BLOCK 12

Listing courtesy of PEOPLE'S CHOICE REALTY SVC LLC. 813-933-0677

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