For sale· 2 days on market

509 WILLOW Avenue #1 & 2

Tampa, FL, 33606·MLS# TB8546389

$2,495,000

Estimated $16,339/mo estimated

8
Bedrooms
8
Bathrooms
5,598
Sq ft
0.09 ac
Lot size
2007
Year built
$446
Per sq ft
  • Residential Income
  • Built 2007

About this home

Exceptional investment opportunity in the heart of highly desirable Hyde Park. 509 S Willow Avenue offers a rare and versatile property consisting of two spacious 4-bedroom, 3.5-bath residences, each configured as a 3-bedroom, 2.5-bath main townhouse with an additional approximately 500-square-foot 1-bedroom, 1-bath rear apartment. Each residence offers approximately 2,800 square feet of main living area and an oversized 2-car garage. Quality construction and finishes are found throughout, including 12-foot ceilings on both floors, crown molding, travertine flooring throughout the main living areas, granite countertops, stainless steel appliances, raised-panel cabinetry and solid wood doors. Andersen double-pane windows and patio doors, masonry construction and numerous additional structural upgrades further distinguish these residences. The commercial-grade TPO roof was replaced in 2017, and the owner carries a 20-year warranty through December 2037 that may be transferable for a $500 fee. Additional property and construction information is available upon request. The property is currently leased and operated by a professional short-term rental management company, with an established rental history and reservations extending into 2027. Rental history and financial performance information are available to qualified buyers upon request. For buyers interested in continuing the property's current use, the existing management company is willing to continue professionally managing the short-term rental operation. offering the potential for a seamless transition following closing. Continuation or transfer of existing reservations is subject to applicable agreements and arrangements between the parties. The property is currently fully furnished and equipped for short-term rental use. Furnishings, electronics, fitness/gym equipment and other operational items are not included in the real estate offering price but may be available for purchase separately, creating the potential for a turnkey acquisition. The flexible configuration offers numerous possibilities, including short-term or long-term rental use, multigenerational living, guest accommodations or owner occupancy, subject to applicable regulations and restrictions. Ideally located near Hyde Park Village, Bayshore Boulevard, SoHo, Downtown Tampa and the University of Tampa, with convenient access to dining, shopping, entertainment and recreation. A distinctive opportunity to acquire two substantial residences with additional private living spaces in one of Tampa's most desirable neighborhoods. Property is actively operated as a short-term rental and may be occupied by guests. Showings are by appointment only and must be coordinated with the listing agent. Please do not disturb occupants.

Facts & features

Interior

Bedrooms
8
Bathrooms
8 full
Living area
5,598 sqft

Property

Type
ResidentialIncome
Year built
2007
Lot size
0.09 acres

Financial

Annual taxes
$16,240.13
Price / sqft
$446

Estimate your monthly payment

$499,000

$16,339/ month estimated

  • Principal & interest$13,012
  • Property tax$2,287
  • Insurance$1,040

Illustrative estimate — not a lending offer.

Investor tools

See flip, rental and BRRR numbers for this home.

Location

Tampa, FL

Around Tampa

Homes for sale in Tampa

As of Oct 23

Asking prices in Tampa run from $49,900 to $24,500,000. The middle ask is $437,163. This home asks $2,495,000.

Homes for sale
3,678
Middle ask
$437,163
New this week
209

These numbers use homes for sale only.

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Courtesy of SCHLEICHER SELECT PROPERTIES

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$2,495,000

8 bd · 8 ba · 5,598 sqft