***THE PROPERTY IS OCCUPIED BY A TENANT DO NOT WALK ON THE PROPERTY WITHOUT SCHEDULING AN APPOINTMENT!!***Welcome to 1541 W La Salle St, Tampa, FL 33607—a 2-bedroom, 1-bathroom home currently leased at $1,300 per month through October 2026, offering immediate income while you plan your next move. This 1,000 square foot property sits on a valuable 50' x 95' RM-24 zoned lot that permits immediate construction of a duplex, two townhome units, or multifamily development up to 60 feet in height (approximately 5 stories) with no rezoning or bonus payments required. The existing home features a functional kitchen with refrigerator, microwave, and cooktop, along with a spacious living room showcasing angled high ceilings that create an open, airy ambiance. A dedicated laundry room provides convenient in-unit washing, and a one-car carport offers covered parking. Step outside to enjoy a large, fully fenced backyard with white vinyl fencing providing complete privacy, with no rear neighbors due to I-275 running behind the property—and benefiting from a fully paved alley for future construction access. Nestled in the highly desirable North Hyde Park neighborhood and zoned for Plant High School, this property is just moments from Tampa's most vibrant destinations including Armature Works, Curtis Hixon Park, Julian Lane Park, and the world-famous Riverwalk. The surrounding area offers an exceptional culinary scene with nearby coffee shops, restaurants, and bars, while benefiting from the ongoing Tampa Riverwalk expansion that continues to drive tremendous appreciation in this corridor. Whether you're an investor seeking income-producing property with development upside or a builder looking for entitled land in Tampa's hottest neighborhood, 1541 W La Salle St offers a rare opportunity to acquire land value with cash flow.