$434,990
About this home
Turnkey, fully furnished, cash-flowing investment property in the heart of Seminole Heights with a proven 3-year track record of full occupancy as a PadSplit (rent-by-the-room) rental, professionally managed by PadSplit for hassle-free tenant placement — a true plug-and-play opportunity for investors seeking predictable, stable income. This 5-bedroom, 2-bathroom bungalow-style home features a detached ADU/in-law suite with its own private entrance, fully remodeled in 2023 (new paint, flooring, kitchen, bathroom, AC, laundry, and appliances). The main house has a newer roof (2022) and an AC unit that is only a couple of years old, plus an updated kitchen with newer appliances, granite countertops, shaker cabinets, and tile flooring, a common dining area with shared laundry and refrigerator, and a living room with laminate flooring and a warm, inviting fireplace feature; each bedroom includes a bed, closet, desk, and coded keypad entry for privacy. Plumbing lines running from the main house to the ADU at the alley were also recently replaced. Currently generating $4,600+ in gross monthly income (4 main-house rooms at $800/month plus the ADU at $1,400/month), with estimated monthly expenses around $500 for water, electric, lawn, wifi, and monthly deep cleaning, and an optional 8% PadSplit management fee if you prefer to self-manage. Situated on a non-flood, high-and-dry lot with no CDD and no HOA restrictions, minutes from downtown Tampa, public transit, restaurants, parks, and grocery stores, with easy access to I-275, I-4, US-41, and area state roads in one of Tampa's fastest-appreciating historic neighborhoods. Buyers to do their own due diligence. Do not disturb tenants — shown by appointment only. Contact listing agent for additional details and any questions.
Highlights
Property details
- MLS #
- MFRTB8538014
- Property type
- Single Family Residence
- Subdivision
- NEBRASKA HEIGHTS
- Status
- Active
- Days on market
- 1
- On market date
- August 12, 2026
- Stories
- N/A
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.13 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 327
- Student:teacher ratio
- 12.1:1
- District
- HILLSBOROUGH
- Enrollment
- 483
- Student:teacher ratio
- 18.6:1
- District
- HILLSBOROUGH
- Enrollment
- 1,992
- Student:teacher ratio
- 21.2:1
- District
- HILLSBOROUGH
Walkability
Blended score for TAMPA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in TAMPA, from live MLS data.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 13, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.