5208 N SUWANEE AVENUE TAMPA FL 33603 MLS #T3532202 | Gary Kusher | Florida Real Estate

5208 N SUWANEE AVENUE
TAMPA, FL, 33603
$885,000
5 Beds
5 Baths
2,979 SqFt
0.17 Acres
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CASH COW! Fully vacant and ready to hand select your tenants! Discover a truly unique investment opportunity in the heart of Seminole Heights! Don’t pay for your home, let your home pay for you! This charming 2-bedroom, 2-bathroom home spans 1,254 square feet and is brimming with character, having stood the test of time for over 100 years. Enjoy mornings on the expansive front porch, complete with a cozy porch swing. Inside, you’ll find original hardwood floors, an oversized fireplace, two separate living areas, and a spacious dining room featuring a historic built-in hutch. The fully remodeled kitchen is a chef’s dream, boasting top-of-the-line stainless steel appliances, including a gas range, quartz countertops, a pot filler, and stunning stained glass windows. What truly sets this property apart is the fully finished 669-square-foot studio apartment in the basement—one of the very few homes in Tampa with this feature! Whether you choose to rent it out to help cover your mortgage or use it as an in-law suite, this basement apartment offers incredible flexibility. But that’s not all! The property also includes a detached duplex apartment building in the back, featuring two 1-bedroom, 1-bathroom units, each over 500 square feet. These units are ready to rent at $1,200 per month $1,500 per month, $1,600 per month, and $2,800 per month! providing a significant boost to your mortgage payments. The main home has seen numerous upgrades, including new plumbing in 2006 and a new main water line in 2008, new electric in 2006, a new roof in 2016, and restored original wood windows by a master carpenter in 2009. The duplex has also been well-maintained, with foundation work completed in 2005, a brand new roof over the duplex in May of 2024 the upstairs unit remodeled in 2020, central air and heat installed in 2022, and the downstairs unit remodeled in 2016. This property is a rare gem in a vibrant neighborhood, offering both historical charm and modern amenities. Don’t miss your chance to own a piece of Seminole Heights with incredible income potential! Home has also recently been tented and comes with a fully transferable warranty!

Property Details

Price:
$885,000
MLS #:
T3532202
Status:
Active
Beds:
5
Baths:
5
Address:
5208 N SUWANEE AVENUE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SEMINOLE HEIGHTS OF NORTH TAMP
Neighborhood:
33603 – Tampa / Seminole Heights
City:
TAMPA
Listed Date:
Jun 7, 2024
State:
FL
Finished Sq Ft:
2,979
Total Sq Ft:
2,979
ZIP:
33603
Lot Size:
7,392 sqft / 0.17 acres (approx)
Year Built:
1914
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I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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Schools

Interior

Appliances
Dishwasher, Microwave, Range, Range Hood, Refrigerator
Bathrooms
5 Full Bathrooms
Cooling
Central Air
Flooring
Hardwood
Heating
Central
Laundry Features
None

Exterior

Architectural Style
Bungalow
Construction Materials
Wood Frame
Exterior Features
Other
Other Structures
Additional Single Family Home, Guest House
Roof
Shingle

Financial

Tax Year
2023
Taxes
$2,331

Map

Community

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5208 N SUWANEE AVENUE
TAMPA, FL