What is the Asking Price?

The current asking price for this property is $610,000. Please contact me here for further details about this property.

What are the Property's Features?

This home features : Hyde Park area, 2 stories, 2 beds, 2 baths, 1,659 sqft, 0.07 acres lot, built in 1919, 41 pictures.

Where is the property located?

Property is located at 505 S DELAWARE AVE, TAMPA, FL, US. You can view this listing on our map here .

En venta: 505 S Delaware Ave, Tampa, 33606, FL

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505 S DELAWARE AVE, TAMPA, 33606

$610,000
2 Beds, 2 Baths , 1,659 Sq.Ft
County: Hillsborough
Subdivision: BAYWOOD

Property highlights

MLS#: TB8331171
3,200.00 lot size Sq.Ft.
Year built: 1919

Listed: 02/04/2025
Taxes: $6,515.07
Virtual Tour

Property Overview

Step into this charming historical duplex in the heart of Hyde Park's sought-after historic district. Built in 1919, this property has already undergone essential updates, including modern plumbing, electrical, structural reinforcements, and a new roof, providing peace of mind for future development. The biggest expenses have been completed, so it just needs someone take it the rest of the way to completion! Currently configured as two 1-bedroom, 1-bath units, this property offers flexibility for a variety of investment strategies. With its prime location, just a short walk from Bayshore Boulevard, the Hyde Park Village shopping and dining district, and a variety of entertainment options. This duplex is perfectly positioned for high-demand rental income, whether through long-term leases, or a short term vacation rental. The top-floor unit features a bonus room, offering potential to convert the layout into a 2-bedroom, 1-bath upstairs and a 1-bedroom, 1-bath downstairs, or even a spacious single-family home. The lot includes space for convenient rear parking with alley access, adding to its appeal as a rental or residence. Situated on a cleared lot in the heart of the city, this property is not only a promising investment but also a rare opportunity to own a piece of Tampa's history. The potential ARV exceeds $1.2 million, with an estimated 0.13 ROI for long-term rentals, and even greater returns possible through short-term rentals. Don't miss out on this unique opportunity to invest in one of Tampa's most desirable neighborhoods.

Driving directions : From FL-618/Selmon Expressway, take exit 4 toward Willow Ave, turn left onto W Cleveland St, turn left onto S Willow Ave, turn left on Platt St, turn right onto S Delaware Ave to address.

Property Features

Rooms	Dimension	Description
Primary Bedroom		First level , Other
Living Room		First level , Other
Kitchen		First level , Other
Living Room		Second level , Other
Kitchen		Second level , Other
Primary Bedroom 2		Second level

Interior Features

Eat-in Kitchen
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan

Appliances

None

Heating

Electric
Heat Pump

Laundry features

Inside
Laundry Room

Air Conditioning

Central Air
Zoned

Fireplace

Family Room
Wood Burning

Floor Covering

Other

Utilities

BB/HS Internet Available
Cable Available
Electricity Connected
Phone Available
Sewer Connected
Street Lights
Water Available

Exterior features

Lighting
Sidewalk

View

Garden

Patio and porch features

Covered
Enclosed
Front Porch

Pets restrictions

BUYER TO VERIFY PET RESTRICTIONS WITH THE CITY OF TAMPA

Architectural Style

Craftsman

Community Features

Park
Sidewalks

Construction Materials

Wood Frame
Wood Siding

Road Surface Type

Asphalt

Property Condition

Fixer

Roof

Shingle

Foundation

Pillar/Post/Pier

Lot Features

Historic District
City Limits
In County
Level
Paved

School Information

Elementary school: Gorrie-HB View more listings
Middle school: Wilson-HB View more listings
High school: Plant-HB View more listings

Listing information courtesy of BHHS FLORIDA PROPERTIES GROUP

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Listing data comes from My Florida Regional MLS.