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236 W North Street, Tampa, FL

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$1,200,000

($442/sqft)

List Status: Active
236 W North Street
Tampa, FL 33604


6 beds
4 baths
2713 living sqft
Top Features
  • Subdivision: North Park Annex
  • Built in  1925
  • Single Family Residence
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.
Property Details
Property Features
Property Sub Type
Single Family Residence
County
Hillsborough
Subdivision
NORTH PARK ANNEX
Additional Information
Additional Parcels YN
false
Appliances
Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Washer
Association YN
false
Available For Lease YN
1
Bathrooms Total Integer
4
Building Area Source
Public Records
Building Area Total
5663
Building Area Total Srch SqM
526.11
Building Area Units
Square Feet
Calculated List Price By Calculated SqFt
442.31
Carport YN
false
Construction Materials
Wood Siding
Cooling
Central Air, Wall/Window Unit(s)
Country
US
Cumulative Days On Market
1
Currency Monthly Rent Amount
7650.00
Current Price
1200000.00
Direction Faces
East
End Date of Lease
2027-03-31
Exist Lease Tenant YN
1
Exterior Features
Awning(s), Balcony, Rain Barrel/Cistern(s), Rain Gutters, Storage
Fireplace YN
false
Flood Zone Code
x
Floor Number
2
Flooring
Tile, Wood
Foundation Details
Crawlspace, Slab
Furnished
Unfurnished
Garage YN
false
Heating
Central
Interior Features
Ceiling Fans(s), High Ceilings
Internet Address Display YN
true
Internet Automated Valuation Display YN
true
Internet Consumer Comment YN
true
Internet Entire Listing Display YN
true
Laundry Features
Laundry Room
Levels
Two
List AOR
Suncoast Tampa
Living Area Meters
252.05
Living Area Source
Public Records
Living Area Units
Square Feet
Lot Size Acres
0.13
Lot Size Dimensions
45x122
Lot Size Square Feet
5490
Lot Size Square Meters
510
Minimum Lease
6 Months
Modification Timestamp
2026-03-06T19:33:10.514Z
New Construction YN
false
Occupant Type
Tenant
Other Equipment
Irrigation Equipment
Ownership
Fee Simple
Parcel Number
A-36-28-18-4FB-000000-00577.0
Pool Private YN
false
Postal Code Plus 4
6075
Public Survey Range
18
Public Survey Section
36
RATIO Current Price By Calculated SqFt
442.31
Road Surface Type
Asphalt, Concrete
Roof
Shingle
Room Count
4
Senior Community YN
false
Sewer
Public Sewer
Showing Requirements
24 Hour Notice, Call Listing Agent
Status Change Timestamp
2026-03-05T22:20:34.000Z
Stories Total
2
Tax Annual Amount
11096.61
Tax Book Number
9-46
Tax Legal Description
NORTH PARK ANNEX LOT 577
Tax Lot
577
Tax Year
2025
Total Acreage
0 to less than 1/4
Total Annual Fees
0.00
Total Monthly Fees
0.00
Township
28
Universal Property Id
US-12057-N-3628184000000005770-R-N
Unparsed Address
236 W NORTH ST
Utilities
Cable Available, Natural Gas Connected
Water Source
Public
Waterfront YN
false
Zoning
SH-RS
Neighborhood Map
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MLS #MFRTB8483186 Listing courtesy of Sellstate Coastal Realty provided by Stellar MLS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 5/31/26 10:21 PM) |

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