208 N HUBERT AVE Tampa, FL 33609

Multiple offers, Highest and best due June 8th, 5PM ET. ATTENTION ALL SOUTH TAMPA INVESTORS! Great opportunity in the high demand 33609 zip code with so much potential and upside. Currently on the lot sits a newly remodeled block home that is split into an income producing 3/2 and 1/1, both are tenant occupied providing diverse income streams. The spacious chic 1 bed/1 bath is fully furnished and operating as a 5 STAR short term rental (see financials). The new owner can keep operating as a short-term rental, long term rental to offset their mortgage or simply move in! The main home is on an annual lease providing stable income and cash flowing. (see financials) The 3/2 home has been completely remodeled and transformed featuring White solid wood cabinets with soft close features, Quartz countertops, stainless steel gallery appliances and 24x24 white tile and LED lighting through the entire home. The 3/2 has a Newer HVAC to keep the home nice and cool during those hot summer months! The entire home has a brand-new roof permitted in 2020. The in-law suite/guest house was remodeled featuring grey solid wood cabinets that are soft close as well. The back yard is open ready to enjoy with solid block shed spacious enough to keep all your tools and lawn equipment. This current diverse income producing property has an estimated Net operating income (NOI) of $40K! Also, there is tremendous upside for future development/ new construction once rezoned would allow for 3-4 unit townhome development opportunity! Imagine rezoning this lot while collecting passive income! A true Win-Win for Builders/investors. Take a drive down the street and you will see the transformation and surrounding new development in progress. Ideal location close to West shore business district, Midtown, fine dining, shops, airport, and all South Tampa has to offer. Zoned for top rated school district of Coleman, Grady and Plant. Schedule an appointment today before this investment opportunity is gone! Shown by appointment only. Do not disturb or approach tenants please.