236 W NORTH STREET, Tampa, FL 33604

  • $1,200,000
236 W NORTH STREET, Tampa, FL 33604
  • TB8483186
  • Property ID
  • Single Family Residence, For Sale
  • Property Type
  • 6
  • Bedrooms
  • 4
  • Bathrooms
  • 5663
  • Sqft
  • 1925
  • Year Built
236 W NORTH STREET, Tampa, FL 33604
236 W NORTH STREET, Tampa, FL 33604
  • $1,200,000

Description

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.

  • Address 236 W NORTH STREET
  • City Tampa
  • State/county FL
  • Zip/Postal Code 33604

Details

Updated on March 6, 2026 at 7:33 pm
  • Price: $1,200,000
  • Property Size: 5663 Sqft
  • Land Area: 0.13 Acres
  • Bedrooms: 6
  • Bathrooms: 4
  • Garage Size: x x
  • Year Built: 1925

Additional details

  • Roof: Shingle
  • Utilities: Cable Available,Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Central Air,Wall/Window Unit(s)
  • Heating: Central
  • Flooring: Tile,Wood
  • County: Hillsborough
  • Property Type: Residential

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