701 W Plaza Place Tampa, FL 33602
Listing Courtesy of: MLS LogoSTELLAR as distributed by MLS GRID / Listed By: Homecoin.com - Contact:  888-400-2513

  701 W Plaza Place Tampa, FL 33602

Active (0 Days)
$1,349,900 (USD)
7
BED
4
BATH
2,347
SQFT

Description

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 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.

MLS #:
TB8563797
Taxes
$7,846(2026)
Lot Size
8,960 SQFT
Type
Multifamily
Year Built
1948
County
Hillsborough County

Listed By

Jonathan Minerick, Homecoin.com, Contact: 888-400-2513
Source
STELLAR
Last checked Nov 3 2026 at 7:35 PM GMT+0000
Bathroom Details
Interior Features
  • Stone Counters
  • Living Room/Dining Room Combo
  • Window Treatments
  • Appliances: Dishwasher
  • Appliances: Electric Water Heater
  • Appliances: Refrigerator
  • Appliances: Washer
  • Ceiling Fans(s)
  • Open Floorplan
  • Appliances: Disposal
  • Appliances: Microwave
  • Appliances: Range
  • Appliances: Dryer
  • Appliances: Tankless Water Heater
  • Thermostat
  • Eat-In Kitchen
Subdivision
  • Tampa Heights
Property Features
  • Foundation: Slab
  • Foundation: Crawlspace
Heating and Cooling
  • Central
  • Electric
  • Central Air
  • Mini-Split Unit(s)
Flooring
  • Vinyl
  • Tile
Exterior Features
  • Frame
  • Cement Siding
  • Roof: Shingle
Utility Information
  • Utilities: Cable Connected, Water Connected, Water Source: Public, Electricity Connected, Sewer Connected, Natural Gas Available
  • Sewer: Public Sewer
  • Energy: Insulation, Windows, Hvac Filter Merv 8+, Lighting
Parking
  • Driveway
  • Parking Pad
  • On Street
Living Area
  • 2,347 sqft
Additional Information: Homecoin.com | 888-400-2513
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Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2026. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 11/3/26 11:35
Based on information submitted to the MLS GRID as of 11/3/2026 19:35. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.