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405 E Cayuga Street , Tampa, FL 33603

$400,000
  • 405 E Cayuga Street , Tampa, FL 33603 Main Photo

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New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,338 MLS#TB8534084
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONLESLEYS

Property Description

Rare duplex in the heart of Old Seminole Heights! Whether you're an investor looking to add a strong cash-flowing asset to your portfolio or a savvy house hacker looking to offset your mortgage with rental income, opportunities like this are few and far between. Offering two completely separate residences on one property, this unique investment combines privacy, character, and long-term income potential in one of Tampa's most desirable rental markets. Most recently leased for $1,700 and $1,750 per month, this property offers proven income potential from day one. Unlike a traditional duplex, these are two completely detached homes with no shared walls, giving each residence the feel and privacy of a single-family home. The front 1-bedroom, 1-bath 650sqft main house immediately stands out with its distinctive Cape Cod-inspired cedar shingle exterior-a rare architectural style that adds charm and timeless character. Inside, you'll find fresh interior paint, newer windows, white shaker cabinetry, granite countertops, wood-look laminate flooring, a spacious walk-in closet, in-unit laundry, and a full kitchen appliance package including the refrigerator, range, microwave, and dishwasher. Privately tucked behind the main home is a detached 2-bedroom, 1-bath 658sqft carriage house with its own alley access and off-street parking, creating an ideal setup for long-term tenants, multigenerational living, or an owner-occupant looking to generate passive income. A privacy fence separates the two homes, creating the feel of two independent residences rather than a typical duplex. Each home features its own water, sewer, and electric meters, central heat and air, and private laundry, making ownership and management simple. Major improvements include roofs and water heaters replaced in 2018, HVAC systems installed in 2019 and 2020, termite tenting completed in 2018, and more. Additional storage is conveniently located beneath the carriage house. Located in the heart of highly sought-after Old Seminole Heights, you'll be just minutes from neighborhood favorites including award-winning restaurants, breweries, coffee shops, parks, Downtown Tampa, Armature Works, and the Tampa Riverwalk. Investment opportunities with this level of character, privacy, and flexibility rarely become available in Seminole Heights. Whether you're building long-term wealth through rental income or looking for one of the best house-hacking opportunities on the market, this is a property you'll want to see.

405 E Cayuga Street | MLS# TB8534084

This single family home located at 405 E Cayuga Street , Tampa, FL 33603 is currently listed for sale with an asking price of $400,000. This property was built in 1938 and has 3 bedrooms and 2 full baths with 1338 sq. ft. E Cayuga Street is located in the LESLEYS subdivision. Search LESLEYS real estate on www.floridaexecutiverealty.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Heating: Central, Heat Pump
Home Style: Bungalow, Cottage
Lot Size: 0.13 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $7,015
Year Built: 1938

Amenities

Ceiling Fans(s)
Eat-in Kitchen
Kitchen/Family Room Combo
Open Floorplan
Walk-In Closet(s)
Storage

Feature Descriptions

Appliances: Dishwasher, Refrigerator
Directions: Central Avenue to Cayuga, -West on Cayuga, 1/2 block to property on left
Exterior: Cedar, Frame
Fencing: Vinyl
Flood Zone Code: X
Flooring: Laminate, Tile, Wood
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.13
Other Structures: Guest House
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Lock Box Coded, See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
Vegetation: Trees/Landscaped
Water: Public
Water Access Y/N: No
Zoning: SH-RS

Room Sizes

Great Room: 10x14
Kitchen: 8x14
Primary Bedroom: 10x11

Local Schools

High School: Hillsborough-HB
Middle School: Memorial-HB
Elementary School: Broward-HB

Listed By / Shown By

Listed By

Agency Name: LOMBARDO HEIGHTS LLC
Agency Contact: 813-995-5558

Shown By

Agency Title: Florida Executive Realty
Agency Phone: 813-908-8500

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Estimated Payment

$ 1,591.48 per month $890.23 Principal & Interest $584.58 Property Tax $116.67 Homeowner's Insurance

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