236 W North Street, Tampa, FL 33604
Local realty services provided by:Better Homes and Gardens Real Estate Synergy
Listed by: eriola goldman
Office: sellstate coastal realty
MLS#:TB8483186
Source:MFRMLS
Price summary
- Price:$1,200,000
- Price per sq. ft.:$211.9
About this home
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....
Contact an agent
Home facts
- Year built:1925
- Listing ID #:TB8483186
- Added:50 day(s) ago
- Updated:April 25, 2026 at 01:50 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Tile, Wood
- Kitchen Description:Convection Oven, Cooktop, Dishwasher, Disposal, Microwave
- Bedroom Description:High Ceilings
- Basement Description:Crawlspace
- Living area:2,713 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1925
- Building area:2,713 sq. ft.
- Lot area:0.13 Acres
- Construction Materials:Wood Siding
- Exterior Features:Awning(s), Balcony, Rain Barrel/Cistern(s), Rain Gutters
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$211.9
- Tax amount:$11,097 (2025)
Features and amenities
- Appliances:Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Irrigation Equipment, Microwave, Washer
- Laundry features:Dryer, Laundry Room, Washer
- Amenities:Cable Available, Ceiling Fans(s), High Ceilings, Irrigation Equipment, Natural Gas Connected
- Pool features:Public Pool
New listings near 236 W North Street
- New
$219,000Active2 beds 2 baths1,203 sq. ft.12723 Wood Trail Boulevard, TAMPA, FL 33625
MLS# TB8499536Listed by: PEOPLE'S CHOICE REALTY SVC LLC - New
$150,000Active3 beds 2 baths939 sq. ft.9408 N 12th Street, TAMPA, FL 33612
MLS# TB8501754Listed by: LPT REALTY, LLC - New
$495,000Active3 beds 3 baths1,887 sq. ft.117 W Giddens Avenue, TAMPA, FL 33603
MLS# TB8499425Listed by: COLDWELL BANKER REALTY - New
$549,000Active3 beds 2 baths2,331 sq. ft.9008 Quail Creek Drive, TAMPA, FL 33647
MLS# TB8500474Listed by: 54 REALTY LLC - New
$850,000Active4 beds 3 baths2,418 sq. ft.2614 Milford Berry Lane, TAMPA, FL 33618
MLS# TB8501665Listed by: MIHARA & ASSOCIATES INC. - New
$429,000Active3 beds 2 baths1,369 sq. ft.6914 N Himes Ave, TAMPA, FL 33614
MLS# TB8500716Listed by: MARK IT REALTY GROUP INC - New
$575,000Active4 beds 2 baths1,614 sq. ft.4404 W Wisconsin Avenue, TAMPA, FL 33616
MLS# TB8501422Listed by: COLDWELL BANKER REALTY - New
$3,450,000Active4 beds 6 baths3,659 sq. ft.4117 Causeway Vista Drive, TAMPA, FL 33615
MLS# TB8500938Listed by: VANDERLEELIE & ASSOC.RE ESTATE - New
$1,100,000Active4 beds 3 baths2,714 sq. ft.9642 Gretna Green Drive, TAMPA, FL 33626
MLS# TB8500602Listed by: COLDWELL BANKER REALTY - New
$384,900Active3 beds 2 baths1,620 sq. ft.10458 Lucaya Drive, TAMPA, FL 33647
MLS# P4938542Listed by: BOARDWALK REALTY ASSOCIATES LLC