Listing Details for MLS # TB8441151
609 W Azeele Street, Tampa, Fl 33606

Residential Property - Single Family Residence in Tampa

Listing Price: $1,350,000Days on Market: 1

Description of Property

Rare 4-unit fully furnished income property in the heart of Hyde Park, Tampa! Located just a two-minute walk from Bayshore Boulevard, this exceptional quadplex presents an incredible opportunity to own a high-performing asset in one of Tampa’s most desirable and walkable neighborhoods. Zoned RO-1 (Residential Office), the property allows for a unique blend of commercial office or residential use, offering long-term flexibility and value rarely found in Hyde Park. The property features two structures — a main house with three units and a detached ADU (casita) that is separately metered for electricity. This income-producing property includes four fully furnished, rent-ready units generating a combined $10,874 in monthly income. Unit 1: 2 Bed / 2 Bath | Projected $3,000/month (Currently being renovated). Unit 2: 2 Bed / 2 Bath | Projected $4,000/month (Upstairs Airbnb). Unit 3: 1 Bed / 1 Bath | $2,10/month (Lease ends October 2025). Unit 4: 1 Bed / 1 Bath | $1,774/month (Detached Casita – Long-term tenant through June 30, 2026). With a total annual income of $130,488 and a prime location in Tampa’s urban core, this property stands out as a premier investment opportunity. Its unbeatable location, proven rental performance, and rare mixed-use zoning make it ideal for investors seeking consistent income, appreciation potential, or a hybrid office-residential setup in the heart of Hyde Park.The average asking price for a 6 bedroom/6 bath single family residence in this Zip code is $3,511,667. This single family residence is listed at about 38% of the average asking price. This is the only 6 bedroom/6 bath single family residence between $1,200,000 and $1,600,000 currently listed for sale in this Zip code.