5208 N Suwanee AVENUE, Tampa, FL, 33603 | $850,000

Under contract-accepting backup offers. CASH COW quad in the heart of Seminole Heights! 2/2 Main house with 1, 254 square feet, 669 square foot studio basement apartment below the main house, and a separate detached duplex in the back with two 1/1 apartments a little over 500 SQFT each. All units are VACANT AND READY FOR YOU TO HAND SELECT YOUR TENANTS!! This property sits just buildings away from many different shops and restaurants making this location extremely desirable for tenants, airbnb guests or anyone else. The main house is brimming with character, having stood the test of time for over 100 years. You or your tenants can enjoy mornings on the expansive front porch, complete with a cozy porch swing. Inside, you’ll find original hardwood floors, an oversized fireplace, two separate living areas, and a spacious dining room featuring a historic built-in hutch. The fully remodeled kitchen is a chef’s dream, boasting top-of-the-line stainless steel appliances, including a gas range, quartz countertops, a pot filler, and stunning stained glass windows. This is your chance to own one of the very few properties in Tampa with a basement! The main home has seen numerous upgrades, including new plumbing in 2006 and a new main water line in 2008, new electric in 2006, a new roof in 2016, and restored original wood windows by a master carpenter in 2009. The duplex has also been well-maintained, with foundation work completed in 2005, a brand new roof over the duplex in May of 2024, the upstairs unit remodeled in 2020, central air and heat installed in 2022, and the downstairs unit remodeled in 2016. Home has also recently been tented and comes with a transferrable warranty!

Features

  • Bedrooms: 4
  • Units: 4
  • Lot Size: 56 x 132
  • Laundry: Other
  • Year Built: 1914
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,979
  • Acreage: 0.17
  • Lot Size: 56 x 132
  • Est. Taxes: $2,331
  • Lot Desc: City Lot
  • Pet Policy: Yes
  • Lease Terms: 12 Months
  • MLS#: T3532196
  • Days on Market: 150 days
  • Website: https://www.raveis.com
    /prop/T3532196/5208nsuwaneeavenue_tampa_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/18/2024 12:07:56 PM)
Listing courtesy of FRANK ALBERT REALTY   Phone: 813-546-2503

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5208 N Suwanee AVENUE, Tampa, FL, 33603

$850,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $680,000 $680,000 $680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.500% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.606% 6.622% 6.680%
Monthly Tax Payment $194 $194 $194
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,410 $4,298 $5,924
Total Monthly Payment $4,696 $4,584 $6,210

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.