Residential Property - Single Family Residence in Tampa
Listing Price: $1,715,000
Description of Property
A rare Tampa waterfront investment with 258 ft of private shoreline and proven returns that outperform the stock market. This income-producing short-term rental averages 10.3% annual gross ROI, with total effective returns often reaching 20–33% when factoring appreciation, tax benefits, and leverage—far beyond typical equities. Zoned RSC-6, the property allows multiple dwellings on large lots, accessory structures, and additional units, giving investors the freedom to expand—think tiny homes, cabins, glamping sites, studio suites, or a waterfront event lawn (verify specifics with county). The 1.16-acre estate already operates as a high-performing STR with two mid-century homes, bonus spaces, and room to sleep 30. Guests love the curated amenities: swim spa, hot tub, mini golf, kayaks, paddle boat, fire pit, outdoor shower, yard games, creekside bar, and private boat launch. With strong weekend bookings and untapped weekday potential, this turnkey, fully furnished property offers immediate cash flow and significant upside. Waterfront, revenue, land, zoning flexibility—opportunities like this almost never hit the market. Investor packet available.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Tampa
County: Hillsborough
Subdivision: Unplatted
Bedrooms: 8
Bathrooms: 8
Sq. Ft. Gross: 3,224
Sq. Ft. Living Area: 3,224
Cost per (heated) sqare foot: $532
Year built: 1954
Annual Tax: $4,562
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Washer
Window Features: Tinted Windows
Additional Rooms: Storage Rooms
Flooring: Vinyl
Pool & Waterfront Info
Private Pool: Not specified
Spa Features: Swim Spa
Water Front: Yes
Water Frontage: Canal - Saltwater
Water Access: Yes
Water Access Type: Canal - Saltwater
Exterior & Construction
Construction: Wood Frame
Foundation: Block
Roof: Shingle
Exterior Features: Storage
Parking Features: RV Parking
Floors in Unit: Two
Cooling: Mini-Split Unit(s)
Heating & Fuel: Electric
Patio & Porch Features: Patio
Security Features: Smoke Detector(s)
Other Structures: Shed(s)
View: Water
Fencing: Vinyl
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 1.16
Lot Size (sq. ft.): 50,530 square feet
Front Exposure: West
Additional Parcels: Yes
Additional Parcels Description: U-4-28-17-ZZZ-000000-40990.0
Legal Description & Other Information
Financing Available: Special Funding
Parcel Number: U342817ZZZ00000040980.0
Zoning: RSC-6
Tax Legal Desc.: FROM NE COR OF SE 1/4 RUN S 507.5 FT S 53 DEG 36 MIN W 451 FT S 54 DEG 18 MIN W 143.1 FT FOR POB THENCE RUN S 45 DEG 07 MIN E 196 FT S 13 DEG 33 MIN W 132 FT TO CENTER OF ROCKY CREEK WLY ALONG CREEK 70 FT N 10 DEG 28 MIN E 162 FT N 45 DEG 07 MIN W 11 3 FT AND N 54 DEG 18 MIN E 8.11 FT TO BEG
Section: 34
Range: 17
Listing courtesy of PREMIER SOTHEBYS INTL REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
