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3901 W PLATT STREET W UNIT 12

Commercial For Sale
$1,275,000

BTC: 19.70024722

ETH: 670.12151537

17 days
0 room(s)
3,012 sqft

Overview

Discover an architectural gem that blends timeless elegance with the refined character of South Tampa, offering spacious living and modern updates with outstanding income potential. This impressive 6-bedroom, 3 full and 4 half-bath residence is being thoughtfully renovated and offers remarkable flexibility for investors. Inside, an open-concept floor plan creates an inviting atmosphere filled with natural light. You will find a double-door side entrance with a mudroom for bringing groceries to the gourmet kitchen. The impressive gourmet kitchen features quartz countertops, stainless steel appliances, double ovens, an oversized center island, a commercial-style vent hood, abundant workspace, and a separate prep area that can accommodate extra storage or food preparation. The kitchen makes it ideal for everything from everyday meals to large gatherings. The kitchen flows effortlessly into the expansive dining area and spacious great room, providing the perfect setting for entertaining family and friends. Originally restored in 2019, the home continues to be meticulously maintained. It features numerous significant improvements, including updated electrical wiring, upgraded plumbing, fresh interior and exterior paint, new stucco, an irrigation system, and a tankless water heater. A newly constructed concrete front and back patio enhances curb appeal, while the spacious backyard provides plenty of room for outdoor entertainment, gardening, or future enhancements. This property is currently under alteration and now includes 2 extra bedrooms: one with a half bath and the other with a full bath that includes a toilet, sink, and a walk- in accessible shower. Designed with versatility in mind, the home offers multiple living spaces that can easily act as a 6-bedroom assisted living facility or rehabilitation housing. This use of the property today requires special use approval (S-1). With special use approval (S-1) and a best-use scenario, the property can be expanded to accommodate up to 12 beds. Based on comparable assisted living facilities in the surrounding area, the property can generate excellent tenant space income and long-term equity gain with experienced management. It also presents exciting possibilities: Student housing or short-term rental accommodation. Prime location in the South Tampa Area! Perfectly positioned by Hyde Park Village, Bayshore Boulevard, Downtown Tampa, the Westshore Business District, Mid-Town Tampa, Marina Pointe, and Tampa International Airport. This exceptional property places premier dining, shopping, entertainment, waterfront attractions, and major transportation routes all within easy reach. Whether an expansive personal residence, a multi-purpose property, or a high-potential investment, this unique South Tampa opportunity offers flexibility, location, and endless possibilities.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1953
Lot:
0.20 Acres
Heating:
Central / Natural Gas
Price/sqft:
$423
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$950,000
$273K – $1.6M
Confidence Low
List vs. estimate
$325K above estimate
List $1,275,000 · +34.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$423
+44.7% vs. city median $292
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,434
2025
All facts and features
  • Flooring

    • Luxury Vinyl

    Heating

    • Central

    • Natural Gas

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Refrigerator

  • Property

    • Levels: One

    Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: A2129183MF00000100019.0

    • Zoning: RS-60

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Utility

    • Phone Available

    • Public

    • Water Connected

  • Other financial information

    • Annual tax amount: $13,434

  • Source details

    • MLS ID: TB8534427

    Other facts

    • Construction Materials: Block / Other / Stucco / Wood Frame / Wood Frame (FSC Certified) / Wood Siding

    • Foundation Details: Crawlspace

    • Lot Features: Corner Lot / City Lot / Near Public Transit / Neighbourhood / Sidewalk

    • Direction Faces: South

    • Other Structures: Outbuilding / Storage

    • Living Area: 3012

    • Water Source: Public

    • Lot Size Dimensions: 70 x 127

    • Subdivision Name: AZEELE PARK

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS TAMPA PROPERTIES