701 W PLAZA PLACE
Tampa, FL 33602
$1,349,900
Virtually Staged. 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 ...
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Listing Courtesy of: HOMECOIN.COM
888-400-2513
| Listing Id: | TB8563797 |
|---|---|
| List Price: | $1,349,900 |
| Property Type: | Residential Income |
| Property Sub Type: | Triplex |
| Status: | Active |
| Bedrooms Total: | 7 |
| Bathrooms Full: | 4 |
| Living Area: | 2,347 |
| Tax Annual Amount: | $7,846 |
| Lot Size Square Feet: | 8,960 |
| Lot Size Acres: | 0.2 |
| Waterfront?: | No |
| City: | Tampa |
| County Or Parish: | Hillsborough |
| Subdivision Name: | Tampa Heights |
| Postal Code: | 33602 |
| Year Built: | 1948 |
| Additional Parcels?: | No |
| Appliances: | Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer |
| Bathrooms Total Integer: | 4 |
| Building Area Source: | Public Records |
| Building Area Total: | 2457 |
| Building Area Units: | Square Feet |
| Carport?: | No |
| Foundation Details: | Crawlspace, Slab |
| Construction Materials: | Cement Siding, Frame |
| Cooling: | Central Air, Mini-Split Unit(s) |
| Directions: | Go North on N Blvd, turn left (west) on Plaza Pl Property will be on the right side with 2 additional units in the back of the property (access via side alley) |
| Exterior Features: | Fence, Lighting |
| Flooring: | Tile, Vinyl |
| Garage?: | No |
| Green Energy Efficient: | Insulation, Lighting, Windows |
| Heating: | Central, Electric |
| Interior Features: | Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Thermostat, Window Treatments |
| Laundry Features: | Inside, Laundry Closet, Laundry Room |
| Listing Contract Date: | 2026-11-03 |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.2 |
| Lot Size Dimensions: | 140x64 |
| Postal Code Plus4: | 1249 |
| MLS Area Major: | 33602 - Tampa |
| MLS Area Major: | 33602 - Tampa |
| Original List Price: | $1,349,900 |
| Parcel Number: | A-11-29-18-4QH-000000-00007.0 |
| Parking Features: | Driveway, On Street, Parking Pad |
| Patio And Porch Features: | Front Porch, Patio |
| Pets Allowed: | Yes |
| Township: | 29 |
| Road Surface Type: | Other |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional |
| Tax Year: | 2026 |
| Security Features: | Fire Alarm, Security Lights, Security System Owned, Smoke Detector(s) |
| Senior Community?: | No |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Association?: | No |
| Tenant Pays: | Electricity |
| Financial Data Source: | Owner |
| Green Indoor Air Quality: | HVAC Filter MERV 8+ |
| Utilities: | Cable Connected, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected |
| Water Source: | Public |
| Public Survey Range: | 18 |
| Public Survey Section: | 11 |
| Zoning: | RS-50 |
| Annual Net Income: | 95280.00 |
| Available For Lease Yn: | No |
| Building Area Total Srch Sq M: | 228.26 |
| Calculated List Price By Calcula: | 575.16 |
| Cddyn: | No |
| Disaster Mitigation: | Hurricane Shutters/Windows |
| Flood Zone Code: | X |
| Green Verification Count: | 0 |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 218.04 |
| Lot Size Square Meters: | 832 |
| Realtor Info: | Currently Leased |
| Sdeo yn: | No |
| Terms Of Lease: | Gross Lease |
| Total Acreage: | 0 to less than 1/4 |
| Total Num Buildings: | 3 |
| Unit Count: | 3 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Association 2 Yn: | 0 |
| Attribution Contact: | 888-400-2513 |
| Originating System Name : | Stellar MLS |
| Green Energy Generation Yn: | No |
| Fireplace?: | No |
| Pool Private?: | No |
| New Construction?: | No |
| New Construction?: | No |
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Property Last Updated: November 04, 2026 02:23 AM - ET
