$385,000

About this home

This exceptional income-producing duplex at 1514 E North Bay Street, Tampa, FL 33610 presents an outstanding investment opportunity with immediate cash flow and strong upside. Built in 1934, this well-maintained property features two separate 3-bedroom, 2-bathroom units totaling 1,726 heated square feet on a 6,250-square-foot lot, with each unit offering comfortable living spaces and strong rental appeal. The property was recently occupied with Unit 1 rented for $2,000/month and Unit 2 rented for $2,200/month, both on month-to-month leases, generating a combined gross annual rental income of $50,400. Recent improvements include the front A/C unit replaced in 2022, back A/C unit replaced in 2024, a fully remodeled kitchen in 2022, and new flooring installed in 2022, providing peace of mind for investors. Each residence has its own water meter, while electric service is shared. Conveniently located just minutes from Downtown Tampa, Ybor City, Armature Works, Tampa Riverwalk, major hospitals, shopping, dining, entertainment, I-275, and I-4, this property offers tenants exceptional accessibility and convenience. Whether you're expanding your investment portfolio or seeking a turnkey duplex with stable rental income, this property is an excellent opportunity. Property is being sold strictly AS-IS. Realtor has an ownership interest in the property.

Property details

MLS #

MFRTB8529405

Property type

Duplex

Subdivision

BONITA

Status

Active

Days on market

35

On market date

July 18, 2026

Stories

N/A

Total bathrooms

4

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.14 acres

Nearby schools

Within 10 miles · public school directory data (NCES)