236 W NORTH STREET, Tampa, FL 33604

• 6 beds |
• 4 baths |
• 2,713 sqft

Property Description

Value-Add Quadplex with Short-Term Rental Upside – Tampa Investment Opportunity Prime multifamily investment opportunity in the rapidly expanding Tampa market. This 4-unit property presents investors with a rare chance to acquire a stabilized asset with significant upside through repositioning into short-term rentals (Airbnb/VRBO), furnished rentals, or corporate housing. Each unit offers an ideal layout for short-term guests, traveling professionals, or extended-stay tenants. Tampa’s strong tourism industry, year-round events, and growing population continue to drive exceptional demand for short-term accommodations, creating a powerful income optimization opportunity for investors. Strategically located with convenient access to Downtown Tampa, Raymond James Stadium, Midtown, Ybor City, Tampa International Airport, and major highways, the property is well positioned to attract both leisure and business travelers. Investors have the ability to operate as traditional multifamily or reposition units to short-term rentals to unlock significantly higher revenue potential, with projected performance supporting an estimated cap rate exceeding 10 + after value-add improvements and optimized short-term rental operations. Investment Highlights • 4-unit multifamily property • Strong value-add opportunity • Ideal for Airbnb / VRBO / furnished rentals • High-demand Tampa rental market • Excellent location near major attractions and employment hubs • Projected double-digit cap rate potential after value-add This is an excellent opportunity for investors seeking to reposition a multifamily asset into a high-performing short-term rental property in one of Florida’s fastest-growing markets.

Listing Status:

Active

Date Added:

March 5, 2026

Data Last Updated:

March 12, 2026 at 7:24AM

Listing Office:

SELLSTATE COASTAL REALTY : 813-940-0101

Listing Agent:

Eriola Goldman : 239-464-2510

MLS ID:

TB8483186

Interior

• General: Ceiling Fans(s)High Ceilings
• Appliances: Convection OvenCooktopDishwasherDisposalDryerElectric Water HeaterMicrowaveWasher
• Laundry: Laundry Room
• Flooring: TileWood
• A/C: Central AirWall/Window Unit(s)
• Heating: Central

Exterior

• General: Awning(s)BalconyRain Barrel/Cistern(s)Rain GuttersStorage

Construction

• Roofing: Shingle
• General: Wood SidingTwoCrawlspaceSlab

Location

• Road/Access: AsphaltConcrete
• Originating MLS: Stellar MLS
• County: Hillsborough

Lot

• Zoning: SH-RSNORTH PARK ANNEX LOT 577A-36-28-18-4FB-000000-00577.0

Utilities

• Utilities: Cable AvailableNatural Gas Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple