This is a unique investment opportunity in the heart of Tampa's historic Seminole Heights neighborhood. The combined properties at 5113 and 5115 N Central Ave span approximately 0.8 acres, making it one of the largest residential and multi-family lots in the area. Currently, the property features nine units, including two single-family homes, with the potential to convert an existing storage unit into an additional apartment, increasing rental income. It is currently self-managed with below-market rents, presenting significant upside potential through value-add improvements. The property consists of eight 1 Bedroom 1 Bath and one 2 Bedroom 1 Bath units and has steady demand. Seminole Heights is known for its historic charm, early 20th-century bungalows, tree-lined streets, and a vibrant community filled with trendy restaurants, breweries, and boutiques. As the neighborhood continues to grow in popularity and value, this expansive lot offers both immediate income and long-term appreciation potential. Don't miss out on this exceptional opportunity to own a prime asset in one of Tampa's most sought-after areas. The property has 6 buildings, consisting of 4 duplexes and 2 stand alone homes. Future Land Use R-20
Pending
$1,350,000
Tampa, FL 33603
8beds
7baths
6,455sqft
Est.:
Multi Family
Built in 1942
-- sqft lot
$-- Zestimate®
$209/sqft
$-- HOA
What's special
- 198 days
- on Zillow |
- 56 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: August 28, 2025 at 12:17pm
Listing Provided by:
Bradley Goldfinger 813-817-0137,
COMPASS FLORIDA LLC 305-851-2820
Source: Stellar MLS,MLS#: TB8349274
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
Heating
- Central, Electric, Space Heater, Wall Units / Window Unit
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Laundry: Common Area, Laundry Room
Features
- Ceiling Fan(s)
- Flooring: Carpet, Tile, Hardwood
- Has fireplace: No
Interior area
- Total interior livable area: 6,455 sqft
Video & virtual tour
Property
Parking
- Parking features: Off Street, Open
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Patio & porch: Front Porch, Rear Porch
- Exterior features: Balcony, Courtyard, Private Mailbox, Sidewalk
- Fencing: Fenced
Lot
- Size: 0.8 Acres
- Dimensions: 140 x 248.5
Details
- Additional structures: Storage
- Parcel number: A0129184G200000000001.0
- Zoning: SH-RS
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Asbestos, Block, Stucco, Wood Frame
- Foundation: Crawlspace, Slab, Stem Wall
- Roof: Membrane,Shingle
Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected
Community & HOA
Community
- Subdivision: CUNNINGHAM
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Tampa
Financial & listing details
- Price per square foot: $209/sqft
- Annual tax amount: $11,450
- Date on market: 2/12/2025
- Cumulative days on market: 186 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 9617
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
- Road surface type: Paved
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