236 W NORTH ST, TAMPA, FL 33604
6
BEDS
4
BATHS
2,713
SQ.FT.
Property Highlights
TYPE
Single Family Residence
BEDROOMS
6
BATHROOMS FULL
4
LIVING AREA
2,713 sq.ft.
LOT SIZE
0.13 acres
YEAR BUILT
1925
NEW CONSTRUCTION
No
SELLING FIRM
Sellstate Coastal Realty
MLS #
TB8483186
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.
Property Details
- Interior Features
- Ceiling Fans(s), High Ceilings
- Appliances
- Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Washer
- Heating
- Central
- Cooling
- Central Air, Wall/Window Unit(s)
- Fireplace
- No
- Exterior Features
- Awning(s), Balcony, Rain Barrel/Cistern(s), Rain Gutters, Storage
- Community Pool
- No
- Waterfront
- No
- Featured City
- Tampa
- Neighborhood
- Seminole Heights
- County
- Hillsborough
AboutTampa
Tampa's economy is founded on a diverse base that includes tourism, agriculture, construction, finance, health care, government, technology, and the Port of Tampa. Contributing to the success of the community is the way businesses, city government, and citizens work together to make Tampa a better place to live.
AboutSeminole Heights
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Listings courtesy of Stellar MLS as distributed by MLS GRID based on information submitted to the MLS GRID as of Fri, 01 May 2026 12:24:33 GMT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Property information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.