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$1,091,475
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Property Description
This is a unique investment opportunity in the heart of Tampa's historic Seminole Heights neighborhood. The combined properties at 5113 and 5115 N Central Ave span approximately 0.8 acres, making it one of the largest residential and multi-family lots in the area. Currently, the property features nine units, including two single-family homes, with the potential to convert an existing storage unit into an additional apartment, increasing rental income. It is currently self-managed with below-market rents, presenting significant upside potential through value-add improvements. The property consists of eight 1 Bedroom 1 Bath and one 2 Bedroom 1 Bath units and has steady demand. Seminole Heights is known for its historic charm, early 20th-century bungalows, tree-lined streets, and a vibrant community filled with trendy restaurants, breweries, and boutiques. As the neighborhood continues to grow in popularity and value, this expansive lot offers both immediate income and long-term appreciation potential. Don't miss out on this exceptional opportunity to own a prime asset in one of Tampa's most sought-after areas. The property has 6 buildings, consisting of 4 duplexes and 2 stand alone homes. Future Land Use R-20
Full Property Details
Full Property Details for MLS# TB8349274
General
- Sold For: $1,091,475
- Taxes: $11,450 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8349274
- Added to Site: 338 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Ceiling Fan(s)
- Flooring: Carpet, Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 9
Bedrooms
- Total Bedrooms: 10
Other Rooms
- Laundry: Common Area, Laundry Room
Exterior
- Exterior Features: Balcony, Courtyard, Fenced, Private Mailbox, Sidewalk
- Deck/Patio: Front Porch, Rear Porch
- Porch/Patio/Deck: Front Porch, Rear Porch
Parking
- Parking Features: Off Street, Open
Location
- Area: 33603 - Tampa / Seminole Heights
- County: Hillsborough
- Development Name: 33603 - Tampa / Seminole Heights
- Subdivision: CUNNINGHAM
- Driving Directions: On I275 Exit West on Hillsborough Ave, head south on N Central Ave, property is on the east side of the road.
School Information
- Elementary School: Broward-HB
- Middle School: Memorial-HB
- High School: Hillsborough-HB
Community
- Community Name: 33603 - Tampa / Seminole Heights
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central, Electric, Space Heater, Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected
Structural Information
- # Buildings: 6
- Exterior Const.: Asbestos, Block, Stucco, Wood Frame
- Roof: Membrane, Shingle
- Stories/Levels: Multi/Split
- Square Feet: 6,455
- Sq. Ft. Source: Public Records
- Living Area: 6,455 Sq. Ft.
- Year Built: 1942
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.8
- Lot Size (Sq. Ft.): 34,790
- Lot Size: 34790
- Lot Dimensions: 140 x 248.5
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $11,450.31
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: CUNNINGHAM W 203 FT OF LOT 1 LOT 2 AND A STRIP OF LAND 18.64 FT WIDE LYING E OF LOT 2
- Flood Zone Info: X
- APN: A0129184G200000000001.0
- Property ID: A0129184G200000000001.0
Listed by Compass Florida Llc
Sold by Stellar Non-Member Office
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Price & Sales History for MLS# TB8349274
Date
Details
Price
Change
Source
9/03/2025
Sold
$1,091,475
-19.15%
MLS
4/25/2025
Price Reduced
$1,350,000
-2.88%
MLS
4/03/2025
Price Reduced
$1,390,000
-7.33%
MLS
2/12/2025
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# TB8349274, Tampa, FL 33603 (MLS# TB8349274) is a Multi-Family property that was sold at $1,091,475 on September 03, 2025. Want to learn more about MLS# TB8349274? Do you have questions about finding other Multi-Family real estate for sale in Old Seminole Heights? You can browse all Old Seminole Heights real estate or contact a Coldwell Banker agent to request more information.

