Active

$1,715,000

Features:
  • 8 Bedrooms
  • 8 Bathrooms
  • 3224 sq ft
Overview
  • ID: MFRTB8412300
  • Bedrooms: 8
  • Bathrooms: 8
  • Size: 3224 sq ft
Property Details
Remarks
A rare Tampa waterfront investment with 258 ft of private shoreline and proven returns that outperform the stock market. This income-producing short-term rental averages 10.3% annual gross ROI, with total effective returns often reaching 20–33% when factoring appreciation, tax benefits, and leverage—far beyond typical equities. Zoned RSC-6, the property allows multiple dwellings on large lots, accessory structures, and additional units, giving investors the freedom to expand—think tiny homes, cabins, glamping sites, studio suites, or a waterfront event lawn (verify specifics with county). The 1.16-acre estate already operates as a high-performing STR with two mid-century homes, bonus spaces, and room to sleep 30. Guests love the curated amenities: swim spa, hot tub, mini golf, kayaks, paddle boat, fire pit, outdoor shower, yard games, creekside bar, and private boat launch. With strong weekend bookings and untapped weekday potential, this turnkey, fully furnished property offers immediate cash flow and significant upside. Waterfront, revenue, land, zoning flexibility—opportunities like this almost never hit the market. Investor packet available.
Financial Considerations
Price:
$1,715,000
HOA Fee:
N/A
Tax Amount:
$4562
Price per SqFt:
$531.95
Tax Legal Description:
FROM NE COR OF SE 1/4 RUN S 507.5 FT S 53 DEG 36 MIN W 451 FT S 54 DEG 18 MIN W 143.1 FT FOR POB THENCE RUN S 45 DEG 07 MIN E 196 FT S 13 DEG 33 MIN W 132 FT TO CENTER OF ROCKY CREEK WLY ALONG CREEK 70 FT N 10 DEG 28 MIN E 162 FT N 45 DEG 07 MIN W 11 3 FT AND N 54 DEG 18 MIN E 8.11 FT TO BEG
Exterior Features
Lot Size:
50530
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Boat, Guest, Other, Oversized, RV Access/Parking
Roof:
Metal, Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
8
Heating:
Central, Electric
Cooling:
Central Air, Mini-Split Unit(s)
Appliances:
Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other, Refrigerator, Washer
Furnished:
Yes
Floor:
Brick, Other, Tile, Vinyl
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1954
Construction Type:
Asbestos, Block, Stucco, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Courtyard, Lighting, Other, Outdoor Grill, Outdoor Shower, Sauna, Sliding Doors, Storage
Additional Features 2:
N/A
Map
  • Address
    5909 MOHR RD
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