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236 W NORTH STREET

House For Sale
$1,200,000

BTC: 19.54397394

ETH: 687.28522337

93 days
6 bds
4 ba
2,713 sqft

Overview

Value-Add Quadplex with Short-Term Rental Upside – Tampa Investment Opportunity Prime multifamily investment opportunity in the rapidly expanding Tampa market. This 4-unit property presents investors with a rare chance to acquire a stabilized asset with significant upside through repositioning into short-term rentals (Airbnb/VRBO), furnished rentals, or corporate housing. Each unit offers an ideal layout for short-term guests, traveling professionals, or extended-stay tenants. Tampa’s strong tourism industry, year-round events, and growing population continue to drive exceptional demand for short-term accommodations, creating a powerful income optimization opportunity for investors. Strategically located with convenient access to Downtown Tampa, Raymond James Stadium, Midtown, Ybor City, Tampa International Airport, and major highways, the property is well positioned to attract both leisure and business travelers. Investors have the ability to operate as traditional multifamily or reposition units to short-term rentals to unlock significantly higher revenue potential, with projected performance supporting an estimated cap rate exceeding 10 + after value-add improvements and optimized short-term rental operations. Investment Highlights • 4-unit multifamily property • Strong value-add opportunity • Ideal for Airbnb / VRBO / furnished rentals • High-demand Tampa rental market • Excellent location near major attractions and employment hubs • Projected double-digit cap rate potential after value-add This is an excellent opportunity for investors seeking to reposition a multifamily asset into a high-performing short-term rental property in one of Florida’s fastest-growing markets.

Location

Florida TAMPA 33604 House For Sale

Details

Type:
Residential
Parking:
No Data
Year Built:
1925
Lot:
0.13 Acres
Heating:
Central
Price/sqft:
$442
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,147,500
$951K – $1.3M
Confidence Low
List vs. estimate
$52K above estimate
List $1,200,000 · +4.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$442
+46.8% vs. city median $301
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,096
2025
All facts and features
  • Flooring

    • Porcelain Tile

    • Tile

    • Hardwood

    Heating

    • Central

    Cooling

    • Central Air

    • Wall/Window Unit(s)

    Appliances

    • Convection Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

    Bedrooms and bathrooms

    • Bedrooms: 6

    • Full bathrooms: 4

  • Property

    • Levels: Two

    • Exterior Features: Awning(s) / Balcony / Irrigation System / Rain Barrel/Cistern(s) / Rain Gutters / Storage

    Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: A3628184FB00000000577.0

    • Zoning: SH-RS

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Natural Gas Connected

  • Other financial information

    • Annual tax amount: $11,097

  • Source details

    • MLS ID: TB8483186

    Other facts

    • Construction Materials: Wood Siding

    • Foundation Details: Crawlspace / Slab

    • Laundry Features: Laundry Room

    • Direction Faces: East

    • Living Area: 2713

    • Water Source: Public

    • Lot Size Dimensions: 45 x 122

    • Subdivision Name: NORTH PARK ANNEX

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: SELLSTATE COASTAL REALTY