Active

2402-2404 N HIGHLAND AVE

TAMPA FL, 33602

$1,600,000


$302.57 per sqft

Active

8 Beds

10 Baths

5,288 sqft

Multi-family

Built in 1935

**8 UNITS** 2 Single Family Homes PLUS 6 unit Apartment Building on this site, Plus Garage/Storage Building that could be added to the rent roll.
(**This property did NOT Flood during the recent storms, and had NO water intrusion.)
This is one of the few original Residential Compounds left untouched in Tampa Heights. Exceptional Tampa Heights Opportunity for Fix and Hold or 6 TH Development. 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 been intended to maximize rental profits.
Discover this stunning Tampa Heights Residential Compound featuring two charming, original single-family homes, an additional building with six apartments, and a separate garage/storage structure--all 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 access--a trait it retains today.
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.
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. Park's 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.

Please respect the privacy of the current tenants--DO NOT TRESPASS or engage with tenants or people onsite. You MUST have an appointment to tour the property or walk on site. Property is monitored with cameras that include audio and alert system. Showings are available by APPOINTMENT ONLY with a 48-HOUR NOTICE. (Depending upon the buyer's offer, Seller may entertain 'Seller Financing' with a substantial down payment and favorable terms.)

TB8306044

MLS ID

September 20, 2024

Listed

March 12, 2025

Updated

Interior Features

Bedrooms

8


Total Bathrooms

10


Interior Features

Built-in Features, Ceiling Fans(s), Other


Appliances

Range, Refrigerator


Laundry Description

None


Floor Description

Laminate, Linoleum, Luxury Vinyl, Tile, Wood


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air, Wall/Window Unit(s)


Heating

Yes


Heating Description

Central, Wall Units / Window Unit

Exterior/Building Features

Lot Size

0.25 Acres


Exterior Features

Outbuilding(s), Awning(s), Courtyard, Fence


Lot Features

City Limits, Near Public Transit, Sidewalk, Street Brick


Roof

Metal, Shingle


Sewer

Public Sewer


Patio And Porch

Front Porch

School Information

High School

Hillsborough-HB


Elementary School

Graham-HB

Other Property Details

Area Name

33602 - Tampa


Taxes

$6,289


Tax Frequency

Annually


Days on Market

158


Association Fee Frequency

Monthly


Garage

No


View

Yes


View Description

City


County

Hillsborough


Municipality

29


Water Source

Public


Pets Allowed

Yes


Utilities

BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected


Zoning

RM-24

Listed by LPT REALTY
Listing Contact: 877-366-2213 

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Data last updated 3/12/2025, 3:16 AM UTC

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