Active

$434,990

Features:
  • 17 Bedrooms
  • 5 Bathrooms
  • 1524 sq ft
Overview
  • ID: MFRTB8538285
  • Bedrooms: 17
  • Bathrooms: 5
  • Size: 1524 sq ft
Property Details
Remarks
Turnkey, fully furnished, cash-flowing investment property in the heart of Seminole Heights with a proven 3-year track record of full occupancy as a PadSplit (rent-by-the-room) rental, professionally managed by PadSplit for hassle-free tenant placement — a true plug-and-play opportunity for investors seeking predictable, stable income. This 5-bedroom, 2-bathroom bungalow-style home features a detached ADU/in-law suite with its own private entrance, fully remodeled in 2023 (new paint, flooring, kitchen, bathroom, AC, laundry, and appliances). The main house has a newer roof (2022) and an AC unit that is only a couple of years old, plus an updated kitchen with newer appliances, granite countertops, shaker cabinets, and tile flooring, a common dining area with shared laundry and refrigerator, and a living room with laminate flooring and a warm, inviting fireplace feature; each bedroom includes a bed, closet, desk, and coded keypad entry for privacy. Plumbing lines running from the main house to the ADU at the alley were also recently replaced. Currently generating $4,600+ in gross monthly income (4 main-house rooms at $800/month plus the ADU at $1,400/month), with estimated monthly expenses around $500 for water, electric, lawn, wifi, and monthly deep cleaning, and an optional 8% PadSplit management fee if you prefer to self-manage. Situated on a non-flood, high-and-dry lot with no CDD and no HOA restrictions, minutes from downtown Tampa, public transit, restaurants, parks, and grocery stores, with easy access to I-275, I-4, US-41, and area state roads in one of Tampa's fastest-appreciating historic neighborhoods. Buyers to do their own due diligence. Do not disturb tenants — shown by appointment only. Contact listing agent for additional details and any questions.
Financial Considerations
Price:
$434,990
HOA Fee:
N/A
Tax Amount:
$4952.95
Price per SqFt:
$285.43
Tax Legal Description:
NEBRASKA HEIGHTS LOT 4 BLOCK 6
Exterior Features
Lot Size:
5508
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
17
Bathrooms:
5
Heating:
Central, Electric
Cooling:
Central Air, Mini-Split Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1938
Construction Type:
Block, Vinyl Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    1219 E EMMA ST
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