TAMPA, FL 33606 1720 W HILLS AVENUE
$1,750,000
41 more
Presented By: KELLER WILLIAMS SOUTH TAMPA with 813-875-3700. - 813-875-3700
Beds • 8
Baths • 4
SQFT • 3,170
Home Details
This rare, turnkey four-unit boutique-style apartment building is perfectly positioned just steps from the beautiful waterfront on Bayshore Blvd and restaurants and shopping in Hyde Park Village. An exceptional investment, this property is projected to make $134,400 in gross rental income (see attachments for details on income & expenses) — three units are leased at $2,400 per month, with lease terms ending on January 31st, 2026, February 28th, 2026, and March 31st, 2026. The fourth unit operates as a successful Airbnb, bringing in approximately $4,000 per month, offering the perfect blend of long-term stability and short-term rental flexibility. Located in one of South Tampa’s most desirable neighborhoods, this property provides steady cash flow, strong rental demand, and future appreciation potential—all with NO HOA, NO flood zone, and zoning for top-rated schools. Originally built at the turn of the century, this stunning historic gem has been thoughtfully restored to preserve its character while incorporating modern upgrades. The property is a noncontributory parcel in historic Hyde Park, which means the owner is able to develop the property however they see fit without historic regulations. Recent prior renovations include new windows, refinished hardwood floors, all four new central HVAC (2022-2024), washer/dryer for each unit (private in-unit for upper units & community for lower), dishwashers in each unit, newer appliances, updated cabinetry, fresh paint, upgraded plumbing & electrical, and a newer roof (2020). Each spacious 2-bedroom, 1-bath unit (approximately 793 sq. ft.) boasts unique features, with some units featuring a Florida bonus room, second bedroom option, or private balcony. A rare find in Hyde Park, the property sits on a deep lot that accommodates 6 off-street parking spaces. Situated just minutes from Hyde Park Village, Bayshore Blvd, SoHo, the University of Tampa, Downtown Tampa, Tampa International Airport, and Tampa General Hospital, this location is unbeatable. With Tampa’s continued growth, including major development projects like Water Street Tampa, this is an ideal value-add opportunity for an investor looking to capitalize on a prime mix of short-term and long-term rental income.
Presented By: KELLER WILLIAMS SOUTH TAMPA with 813-875-3700. - 813-875-3700
Interior Features for 1720 W HILLS AVENUE
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesother
Laundry Featuresin kitchen, outside
General for 1720 W HILLS AVENUE
Additional Parcels Y/NNo
Appliancesdishwasher, range, refrigerator, washer
Building Area Unitssquare feet
Carport Y/NNo
Citytampa
Construction Materialsasbestos
Coolingcentral air
Countyhillsborough
Directionstraveling north on bayshore blvd, take a left on s gunby ave. turn right onto w hills ave and the property is on your right.
Elementary Schoolmitchell-hb
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income134400
HOANo
Heatingcentral
High Schoolplant-hb
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionrichardson place lot 15 block 1
Levelsone
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet7500
Lot Size Unitssquare feet
MLS Area33606 - tampa / davis island/university of tampa
Middle/Junior High Schoolwilson-hb
Minimum Leaseno minimum
ModificationTimestamp2025-06-09t21:47:15.730z
New ConstructionNo
Number Of Units Total4
Ownershipfee simple
Property Subtypequadruplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namerichardson place
Tax Annual Amount15141.48
Tax Lot15
Tax Year2024
Utilitiescable connected, electricity connected, sewer connected, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1903
Zoningrs-60
Exterior for 1720 W HILLS AVENUE
Exterior Amenitiesother
Foundation Detailscrawlspace
Lot Dimensions60 x 125
Lot Size Acres0.17
Lot Size Area7500
Number of Buildings1
Private PoolNo
Road Surface Typepaved
Water Sourcepublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Plant-HB High School
Middle School
Wilson-HB Middle School
Elementary School
Mitchell-HB Elementary School
Andre LaFountain
Realtor / Coach
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