For sale· 89 days on market

506 SPARKMAN

Tampa, FL, 33602·MLS# TB8502629

$629,999

Estimated $4,125/mo estimated

4
Bedrooms
2
Bathrooms
1,852
Sq ft
0.13 ac
Lot size
1964
Year built
$340
Per sq ft
  • Residential Income
  • Built 1964

About this home

PRICE IMPROVEMENT 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.

Facts & features

Interior

Bedrooms
4
Bathrooms
2 full
Living area
1,852 sqft

Property

Type
ResidentialIncome
Year built
1964
Lot size
0.13 acres

Financial

Annual taxes
$8,226.48
Price / sqft
$340

Estimate your monthly payment

$126,000

$4,125/ month estimated

  • Principal & interest$3,286
  • Property tax$577
  • Insurance$262

Illustrative estimate — not a lending offer.

Location

Tampa, FL

Similar homes nearby

Courtesy of PINEYWOODS REALTY LLC

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Listing data courtesy of PINEYWOODS REALTY LLC. My request routes to reThought Real Estate in DashBrew CRM.

$629,999

4 bd · 2 ba · 1,852 sqft