509 S Willow Avenue, Unit 1 & 2, Tampa, FL 33606

$2,495,000
  • 509 S Willow Avenue, Unit 1 & 2, Tampa, FL 33606 Main Photo

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New to the Market Active
BEDS8 BATHS SQUARE FEET5,598 MLS#TB8546389
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNORTH

Property Description

Exceptional investment opportunity in the heart of highly desirable Hyde Park. 509 S Willow Avenue offers a rare and versatile property consisting of two spacious 4-bedroom, 3.5-bath residences, each configured as a 3-bedroom, 2.5-bath main townhouse with an additional approximately 500-square-foot 1-bedroom, 1-bath rear apartment. Each residence offers approximately 2,800 square feet of main living area and an oversized 2-car garage.Quality construction and finishes are found throughout, including 12-foot ceilings on both floors, crown molding, travertine flooring throughout the main living areas, granite countertops, stainless steel appliances, raised-panel cabinetry and solid wood doors. Andersen double-pane windows and patio doors, masonry construction and numerous additional structural upgrades further distinguish these residences.The commercial-grade TPO roof was replaced in 2017, and the owner carries a 20-year warranty through December 2037 that may be transferable for a $500 fee. Additional property and construction information is available upon request.The property is currently leased and operated by a professional short-term rental management company, with an established rental history and reservations extending into 2027. Rental history and financial performance information are available to qualified buyers upon request.For buyers interested in continuing the property's current use, the existing management company is willing to continue professionally managing the short-term rental operation. offering the potential for a seamless transition following closing. Continuation or transfer of existing reservations is subject to applicable agreements and arrangements between the parties.The property is currently fully furnished and equipped for short-term rental use. Furnishings, electronics, fitness/gym equipment and other operational items are not included in the real estate offering price but may be available for purchase separately, creating the potential for a turnkey acquisition.The flexible configuration offers numerous possibilities, including short-term or long-term rental use, multigenerational living, guest accommodations or owner occupancy, subject to applicable regulations and restrictions.Ideally located near Hyde Park Village, Bayshore Boulevard, SoHo, Downtown Tampa and the University of Tampa, with convenient access to dining, shopping, entertainment and recreation. A distinctive opportunity to acquire two substantial residences with additional private living spaces in one of Tampa's most desirable neighborhoods.Property is actively operated as a short-term rental and may be occupied by guests. Showings are by appointment only and must be coordinated with the listing agent. Please do not disturb occupants.

509 S Willow Avenue, Unit 1 & 2 | MLS# TB8546389

This multi-family property located at 509 S Willow Avenue, Unit 1 & 2, Tampa, FL 33606 is currently listed for sale with an asking price of $2,495,000. Search Tampa real estate on www.floridaexecutiverealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 4 car attached
Heating: Electric
Lot Size: 0.09 Acres
Roof Type: Other
Stories: 2.0
Taxes: $16,240
Year Built: 2007

Amenities

Ceiling Fans(s)
Crown Molding
High Ceilings
PrimaryBedroom Upstairs
Thermostat
Walk-In Closet(s)
Window Treatments
Sprinkler Metered

Feature Descriptions

Additional Rooms: Formal Dining Room Separate, Garage Apartment
Annual Net Income: 124800.00
Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator
Builder: Trinity Properties LLC
Days on Site: 1
Directions: From I-275, take Exit 44 toward Downtown East/West. Continue toward Downtown Tampa, then head south on N Ashley Drive. Turn right onto W Kennedy Boulevard, left onto S Willow Avenue, and continue south. Property will be on the right at 509 S Willow Avenue
Exterior: Block, Stucco
Flood Zone Code: X
Flooring: Travertine
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Lot: Sidewalk, Paved
Lot Dimensions: 0.09
Ownership: Fee Simple
Parking: Driveway, Garage Door Opener, Garage Faces Rear, Off Street, On Street, Oversized
Parking Notes: Driveway, Garage Door Opener, Garage Faces Rear, Off
Patio/Porch: Patio
Property Attached Y/N: Yes
Property Sub-Type: Duplex
Security: Fire Alarm
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Units: 2
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Sprinkler Meter, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows
Zoning: PD

Local Schools

High School: Plant-HB
Middle School: Wilson-HB
Elementary School: Gorrie-HB

Listed By / Shown By

Listed By

Agency Name: SCHLEICHER SELECT PROPERTIES
Agency Contact: 863-581-2624

Shown By

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

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Estimated Payment

$ 7,633.83 per month $5,552.79 Principal & Interest $1,353.33 Property Tax $727.71 Homeowner's Insurance

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