What is the Asking Price?

The current asking price for this property is $1,100,000. Please contact me here for further details about this property.

What are the Property's Features?

This home features : Seminole Heights area, 2 stories, 6 beds, 4 baths, 2,713 sqft, 0.13 acres lot, built in 1925, 50 pictures.

Where is the property located?

Property is located at 236 W NORTH ST, TAMPA, FL, US. You can view this listing on our map here .

En venta: 236 W North St, Tampa, 33604, FL

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236 W NORTH ST, TAMPA, 33604

$1,100,000
Price changed 06/08/2026 from $1,200,000, -8.33%
6 Beds, 4 Baths , 2,713 Sq.Ft
County: Hillsborough
Subdivision: NORTH PARK ANNEX

Property highlights

MLS#: TB8483186
5,490.00 lot size Sq.Ft.
Year built: 1925
Floor: 2

Listed: 03/05/2026
Taxes: $11,096.61
Virtual Tour

Property Overview

Value-Add Quadplex in Seminole Heights | Hybrid Income Strategy

Exceptional investment opportunity in the heart of Seminole Heights, one of Tampa’s fastest-growing and most desirable neighborhoods. This 4-unit multifamily property offers immediate cash flow with significant upside through a proven hybrid rental model.

The property consists of:

• Unit A: 2BR/1BA
• Unit B: 1BR/1BA (currently operating as an Airbnb)
• Unit C: 2BR/1BA
• Unit D: 1BR/1BA

Units A, C, and D are leased under annual agreements, providing stable in-place income, while Unit B is actively operated as an Airbnb, creating additional revenue potential and operational flexibility.

The property is currently generating approximately $98,345 in annual NOI, representing an 8.94% in-place cap rate at the current asking price of $1,100,000. Investors may realize additional upside through rental optimization, furnished rentals, or expanded short-term rental operations, subject to local regulations.

Situated on a prominent corner lot in Seminole Heights, the property is conveniently located near Downtown Tampa, Ybor City, Armature Works, Raymond James Stadium, Midtown Tampa, I-275, and Tampa International Airport. Its proximity to major employment centers, entertainment districts, and the Hillsborough River supports strong demand from residents, business travelers, and visitors alike.

Investment Highlights:
? 4 Income-Producing Units
? Three Annual Leases in Place
? One Active Airbnb Unit
? Approximately $98K+ Annual NOI
? 8.94% In-Place Cap Rate
? Pro Forma Cap Rate Exceeding 11%
? Walk-to-River Location
? Hybrid Long-Term / Short-Term Rental Strategy
? Prime Seminole Heights Location

Whether seeking stable cash flow, value-add potential, or a hybrid investment strategy, 236 W North Street presents a rare opportunity to acquire a high-performing multifamily asset in one of Tampa Bay’s strongest growth markets.

Offered at $1,100,000. Financials available upon request.

Driving directions : Directions 1. Start in Downtown Tampa heading north on N Florida Ave. 2. Continue straight on N Florida Ave for about 3.5 miles. 3. Turn left onto W North St. 4. Continue for a short distance — 236 W North St will be on your left. Alternate Route (via I-275) 1. From Downtown Tampa, get on I-275 North. 2. Take Exit 47B – Hillsborough Ave East. 3. Turn left onto N Florida Ave. 4. Turn right onto W North St. 5. Property will be on the left. ?? The property is located in the Seminole Heights / South Seminole Heights area, one of Tampa’s fastest growing neighborhoods with strong rental demand.

Property Features

Rooms	Dimension	Description
Living Room		First level
Primary Bedroom		First level
Kitchen		First level
Bathroom 1		First level

Interior Features

Ceiling Fans(s)
High Ceilings

Appliances

Convection Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Washer

Heating

Central

Laundry features

Laundry Room

Air Conditioning

Central Air
Wall/Window Unit(s)

Floor Covering

Tile
Wood

Utilities

Cable Available
Natural Gas Connected

Exterior features

Awning(s)
Balcony
Rain Barrel/Cistern(s)
Rain Gutters
Storage

Construction Materials

Wood Siding

Road Surface Type

Asphalt
Concrete

Roof

Shingle

Foundation

Crawlspace
Slab

Listing information courtesy of SELLSTATE COASTAL REALTY

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Listing data comes from My Florida Regional MLS.