701 W Plaza Place, Tampa, FL 33602
Local realty services provided by:CENTURY 21 Circle
701 W Plaza Place,Tampa, FL 33602
$1,349,900
- 7 Beds
- 4 Baths
- 2,347 sq. ft.
- Multi-family
- Active
Listed by: jonathan minerick
Office: homecoin.com
MLS#:TB8563797
Source:MFRMLS
Price summary
- Price:$1,349,900
- Price per sq. ft.:$549.41
About this home
FULLY LEASED RIVERSIDE HEIGHTS * THREE DETACHED HOMES* HIGH ANNUALIZED RENTAL INCOME ALL LEASED THROUGH JULY 31, 2027. An opportunity to expand a rental portfolio, reallocate capital, or evaluate a replacement real estate for a qualifying 1031 exchange. Acquire an established rental income producing property with three fully remodeled independent residences with all residences leased through July 31, 2027. Located at 701 W Plaza Place in Riverside Heights, this property offers established rental income and an existing tenant base, eliminating the need for an initial leasing effort. With its unique configuration, the property presents an attractive investment opportunity and a distinctive alternative to traditional apartment-style multifamily ownership. The property includes a 4-bedroom / 2-bathroom home, a 1-bedroom / 1-bathroom home, and a 2-bedroom / 1-bathroom home. All three residences are fully detached, with no shared walls, offering added privacy and a versatile mix of floor plans that distinguishes this investment from a conventional shared-wall triplex. Each home has its own electric meter and dedicated main water line. The property currently shares one water meter, with the potential to install two additional meters for separate water metering, subject to utility approval. Situated in highly desirable Riverside Heights, the property offers unmatched convenience with access to Armature Works, the Tampa Riverwalk, Downtown Tampa, and the University of Tampa. For the buyer who values both the underlying real estate and its income-producing potential, this offering combines three remodeled residences with an established Tampa location. Income and lease information are owner-reported and subject to buyer verification. Buyer to verify leases, payment history, expenses, and all other material information....
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Home facts
- Year built:1948
- Subdivision & Development:TAMPA HEIGHTS
- Listing ID #:TB8563797
- Added:2 day(s) ago
- Updated:November 05, 2026 at 11:11 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Flooring:Tile, Vinyl
- Dining Description:Eat In Kitchen, Living Room/Dining Room Combo
- Kitchen Description:Dishwasher, Disposal, Eat-in Kitchen, Microwave, Range, Refrigerator, Stone Counters
- Basement Description:Crawlspace
- Living area:2,347 sq. ft.
Heating and cooling
- Cooling:Central Air, Mini-Split Unit(s)
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1948
- Building area:2,347 sq. ft.
- Lot area:0.2 Acres
- Construction Materials:Cement Siding, Frame
- Exterior Features:Fence, Front Porch, Lighting, Patio
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,349,900
- Price per sq. ft.:$549.41
- Tax amount:$7,846 (2026)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- Laundry features:Dryer, Inside, Laundry Closet, Laundry Room, Washer
- Amenities:Cable Connected, Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Natural Gas Available, Open Floorplan, Stone Counters, Thermostat, Window Treatments
- Pool features:Public Pool
Parking
- Parking description:Driveway, On Street, Parking Pad
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