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$1,200,000
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Property 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.
Full Property Details
Full Property Details for 236 W North St
General
- Price: $1,200,000
- Taxes: $11,096 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8483186
- Updated: 3/6/2026
- Added to Site: 23 day(s) ago
Rental Information
- Min. Lease: 6 Months
Interior
- Number of Rooms: 4
- Interior Features: Ceiling Fan(s), High Ceilings
- Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Washer
- Furnishings: Unfurnished
- Flooring: Porcelain Tile, Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Awning(s), Balcony, Irrigation System, Rain Barrel/Cistern(s), Rain Gutters, Storage
Location
- Area: 33604 - Tampa / Sulphur Springs
- County: Hillsborough
- Development Name: 33604 - Tampa / Sulphur Springs
- Subdivision: NORTH PARK ANNEX
- Driving Directions: Directions     1.    Start in Downtown Tampa heading north on N Florida Ave.     2.    Continue straight on N Florida Ave for about 3.5 miles.     3.    Turn left onto W North St.     4.    Continue for a short distance — 236 W North St will be on your left. Alternate Route (via I-275)     1.    From Downtown Tampa, get on I-275 North.     2.    Take Exit 47B – Hillsborough Ave East.     3.    Turn left onto N Florida Ave.     4.    Turn right onto W North St.     5.    Property will be on the left. ?? The property is located in the Seminole Heights / South Seminole Heights area, one of Tampa’s fastest growing neighborhoods with strong rental demand.
- Direction Faces: East
Community
- Community Name: 33604 - Tampa / Sulphur Springs
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Natural Gas Connected
Structural Information
- Exterior Const.: Wood Siding
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 2,713
- Sq. Ft. Source: Public Records
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,490
- Lot Size: 5490
- Lot Dimensions: 45 x 122
- Street/Road Desc.: Asphalt, Concrete
Financial Considerations
- Assoc Fee Desc.: None
- Tax Amount: $11,096.61
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: NORTH PARK ANNEX LOT 577
- Flood Zone Info: x
- APN: A3628184FB00000000577.0
- Property ID: A3628184FB00000000577.0
Listed by Sellstate Coastal Realty
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Schools
Schools serving 236 W North St
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Seminole Elementary School, Tampa, FL 6201 North Central Avenue, Tampa, FL 33604 | PK-5 | 0.6 mi |
Memorial Middle School, Tampa, FL 4702 North Central Avenue, Tampa, FL 33603 | 6-8 | 1.3 mi |
Hillsborough High School 5000 North Central Avenue, Tampa, FL 33603 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 236 W North St
Date
Details
Price
Change
Source
3/05/2026
Listed
$1,200,000
36.36%
MLS
4/06/2022
Sold
$880,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 236 W North St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,096
4%
$550,443
—
2024
$10,656
-1%
$550,443
—
2023
$10,742
175%
$550,533
137%
2021
$3,904
-8%
$231,862
-14%
2022
$4,229
8%
$269,255
31%
2021
$3,904
39%
$205,851
78%
2019
$2,800
16%
$115,872
-13%
2018
$2,416
11%
$133,497
18%
2017
$2,170
15%
$112,867
34%
2016
$1,882
11%
$84,015
10%
2015
$1,696
14%
$76,377
10%
2014
$1,489
4%
$69,434
6%
2013
$1,427
—
$65,252
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 236 W North St
236 W North Street, Tampa, FL 33604 (MLS# TB8483186) is a Single Family property with 6 bedrooms and 4 full bathrooms. 236 W North Street is currently listed for $1,200,000 and was received on March 05, 2026. Want to learn more about 236 W North Street? Do you have questions about finding other Single Family real estate for sale in Sulphur Springs? You can browse all Sulphur Springs real estate or contact a Coldwell Banker agent to request more information.

