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O'Neil Dayes

odayes@oneildayes.com +1(754) 240-4203

$ 449,000

Est. payment | -/mo

6 Beds

4 Baths

1,726 SqFt

Save Virtual Tour

$ 449,000

Est. payment | -/mo

Save Virtual Tour

6 Beds

4 Baths

1,726 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,726 sqft

Price per Sqft $260

Subdivision Bonita

MLS Listing ID TB8529405

Bedrooms 6

Construction Status Completed

HOA Y/N No

Year Built 1934

Annual Tax Amount $4,198

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50x125

Property Sub-Type Duplex

Source Stellar MLS

Property Description

This exceptional income-producing duplex at 1514 E North Bay Street, Tampa, FL 33610 presents an outstanding investment opportunity with immediate cash flow and strong upside. Built in 1934, this well-maintained property features two separate 3-bedroom, 2-bathroom units totaling 1,726 heated square feet on a 6,250-square-foot lot, with each unit offering comfortable living spaces and strong rental appeal. The property was recently occupied with Unit 1 rented for $2,000/month and Unit 2 rented for $2,400/month, both on month-to-month leases, generating a combined gross annual rental income of $52,800. Recent improvements include the front A/C unit replaced in 2022, back A/C unit replaced in 2024, a fully remodeled kitchen in 2022, and new flooring installed in 2022, providing peace of mind for investors. Each residence has its own water meter, while electric service is shared. Conveniently located just minutes from Downtown Tampa, Ybor City, Armature Works, Tampa Riverwalk, major hospitals, shopping, dining, entertainment, I-275, and I-4, this property offers tenants exceptional accessibility and convenience. Whether you're expanding your investment portfolio or seeking a turnkey duplex with stable rental income, this property is an excellent opportunity. Property is being sold strictly AS-IS. Realtor has an ownership interest in the property.

Location

State FL

County Hillsborough

Community Bonita

Area 33610 - Tampa / East Lake

Zoning RS-50

Interior

Interior Features Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat

Heating Central

Cooling Central Air

Furnishings Unfurnished

Fireplace false

Laundry None

Exterior

Exterior Feature Fence

Parking Features Driveway

Community Features Street Lights

Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Water Available

Water Access No

Roof Type Shingle

Attached Garage false

Garage false

Private Pool No

Building

Entry Level One

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Stucco

New Construction false

Construction Status Completed

Schools

Elementary Schools Edison-Hb

Middle Schools Sligh-Hb

High Schools Middleton-Hb

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8529405

Listed by Smith Desir PEOPLE'S CHOICE REALTY SVC LLC

NEARBY SCHOOL & BUSINESS

+1(754) 240-4203

odayes@oneildayes.com

7875 NW 57th St # 25497, Tamarac, Florida,, 33351, United States

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1514 E NORTH BAY ST Tampa, FL 33610