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$675,000
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Property Description
Priced at $675,000, this fully updated 2-unit property is the ideal 1031 exchange investment or the perfect live-in-one, rent-one-out scenario for the savvy buyer looking to offset their mortgage in one of Tampa's hottest neighborhoods. Both units feature 2 bedrooms and 1 bath, offering comfortable and functional layouts that appeal to a wide range of tenants. The property has been thoughtfully upgraded with major systems already addressed - including a brand new 2024 roof, 2022 HVAC, and 2021 water heater - giving the next owner true peace of mind and minimal near-term capital expenditure. Sitting on a large, oversized lot with room to breathe, this Tampa Heights gem is perfectly positioned for long-term appreciation. You're just 1 mile from Armature Works, 2 miles from Water Street, and moments from the energy of Downtown Tampa - all while enjoying the charm and community feel of one of the city's most sought-after historic neighborhoods. With over $65,000 in documented improvements invested across recent years - covering kitchens, bathrooms, flooring, appliances, plumbing, electrical, and exterior maintenance - this property has been consistently cared for and is move-in ready. The next chapter of Tampa Heights starts here. It starts with this property.
Full Property Details
Full Property Details for 506 E Sparkman Ave
General
- Price: $675,000
- Taxes: $8,226 (2025)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: TB8502629
- Updated: 5/15/2026
- Added to Site: 19 day(s) ago
Interior
- Interior Features: Eating Space In Kitchen, Kitchen and Family Room Combination, Primary Bedroom Main Floor
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Laundry Closet
Exterior
- Exterior Features: Fenced
Parking
- Carports: Yes
- Carport: 1
- Carport Spaces: 1
- Covered Spaces: 1
Location
- Area: 33602 - Tampa
- County: Hillsborough
- Development Name: 33602 - Tampa
- Subdivision: CAMPBELLS
- Driving Directions: Take N Florida Ave To Columbus Dr. Go East On E Columbus Dr. To N Grove Ave. Turn Right On Grove And Then Right On The First Street Which Is E Sparkman Ave. Home Will Be On Your Right!
Community
- Community Name: 33602 - Tampa
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public, Well
- Utility Description: Cable TV Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Block
- Roof: Shingle
- Square Feet: 1,852
- Sq. Ft. Source: Public Records
- Year Built: 1964
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,814
- Lot Size: 5814
- Lot Dimensions: 57 x 107
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $8,226.48
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: CAMPBELL'S LOT 8 BLOCK 2 AND S 1/2 OF VACATED ALLEY LYING NORTH
- Flood Zone Info: X
- APN: A1329184XD00000200008.1
- Property ID: A1329184XD00000200008.1
- Block/Lot/Section: 2
Listed by Pineywoods Realty Llc
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Schools
Schools serving 506 E Sparkman Ave
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Graham Elementary School, Tampa, FL 2915 North Massachusetts Avenue, Tampa, FL 33602 | K-5 | 0.7 mi |
Stewart Middle Magnet School 1125 West Spruce Street, Tampa, FL 33607 | 6-8 | 1.1 mi |
Hillsborough High School 5000 North Central Avenue, Tampa, FL 33603 | 9-12 | 1.6 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 506 E Sparkman Ave
Date
Details
Price
Change
Source
5/05/2026
Listed
$675,000
22.73%
MLS
3/27/2023
Sold
$550,000
—
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 506 E Sparkman Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,988
—
$442,735
-1%
2024
$7,988
26%
$447,416
7%
2023
$6,322
30%
$417,334
55%
2021
$4,881
-13%
$268,792
-27%
2022
$5,632
15%
$369,889
65%
2021
$4,881
24%
$223,830
26%
2019
$3,932
5%
$177,791
-8%
2018
$3,730
10%
$193,519
14%
2017
$3,389
12%
$169,043
27%
2016
$3,029
12%
$133,577
10%
2015
$2,701
10%
$121,434
-1%
2014
$2,460
12%
$122,608
22%
2013
$2,199
—
$100,359
—
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 506 E Sparkman Ave
506 E Sparkman Avenue, Tampa, FL 33602 (MLS# TB8502629) is a Duplex property with 4 bedrooms and 0 full bathrooms. 506 E Sparkman Avenue is currently listed for $675,000 and was received on May 05, 2026. Want to learn more about 506 E Sparkman Avenue? Do you have questions about finding other Duplex real estate for sale in Tampa? You can browse all Tampa real estate or contact a Coldwell Banker agent to request more information.

