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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1954
Sq.Footage
3,224
A rare Tampa waterfront investment with 258 ft of private shoreline and proven returns that outperform the stock market. This income-producing short-term rental averages 9.6% annual gross ROI, with total effective returns often reaching 18–30% when factoring appreciation, tax benefits, and leverage—far beyond typical equities. Zoned RSC-6, the property allows multiple dwellings on large lots, accessory structures, and additional units, giving investors the freedom to expand—think tiny homes, cabins, glamping sites, studio suites, or a waterfront event lawn (verify specifics with county). The 1.16-acre estate already operates as a high-performing STR with two mid-century homes, bonus spaces, and room to sleep 30. Guests love the curated amenities: swim spa, hot tub, mini golf, kayaks, paddle boat, fire pit, outdoor shower, yard games, creekside bar, and private boat launch. With strong weekend bookings and untapped weekday potential, this turnkey, fully furnished property offers immediate cashflow and significant upside. Waterfront, revenue, land, zoning flexibility—opportunities like this almost never hit the market. Investor packet available.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Open Floorplan
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Asbestos, Block, Stucco, Frame
-
Other Exterior Features
Balcony, Courtyard, Lighting, Other, Outdoor Grill, Outdoor Shower, Storage
-
Parking
Boat, Guest, Other, Oversized, RV Access/Parking
-
Patio and Porch Features
Deck, Patio
-
Pool
No
-
Waterfront YN
YES
-
View
Canal, Water, Trees/Woods
Area & Lot
-
Lot Features
Waterfront
-
Lot Size(acres)
1.16
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$1,835,000
-
Tax Amount
$4,562
-
Sq. Footage
3, 224
-
Price/SqFt
$569
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Block
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
409600
-
Water Source
Public
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Location
County
Hillsborough
Elementary School
Middle School
High School
Listing Courtesy of Jose Cardenas Sanchez , PREMIER SOTHEBYS INTL REALTY
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Business Coach | Executive Sales Associate | Realtor®
Michael Graf
Call Michael today to schedule a private showing.
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