505 S Delaware Ave, Tampa, FL 33606
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Home Description
Under contract-accepting backup offers. Step into this charming historical duplex in the heart of Hyde Park's sought-after historic district. Built in 1919, this property is mid renovation, but has already undergone essential updates, including new plumbing, electrical, structural reinforcements, HVAC system, and a new roof, providing peace of mind for future development. The biggest expenses have been completed, so it just needs someone take it the rest of the way to completion! Currently configured as two 1-bedroom, 1-bath units, this property offers flexibility for a variety of investment strategies. With its prime location, just a short walk from Bayshore Boulevard, the Hyde Park Village shopping and dining district, and a variety of entertainment options. This duplex is perfectly positioned for high-demand rental income, whether through long-term leases, or a short term vacation rental. The top-floor unit features a bonus room, offering potential to convert the layout into a 2-bedroom, 1-bath upstairs and a 1-bedroom, 1-bath downstairs, or even a spacious single-family home. The lot includes space for convenient rear parking with alley access, adding to its appeal as a rental or residence. Situated on a cleared lot in the heart of the city, this property is not only a promising investment but also a rare opportunity to own a piece of Tampa's history. The potential ARV exceeds $1.2 million, with an estimated 0.13 ROI for long-term rentals, and even greater returns possible through short-term rentals. Don't miss out on this unique opportunity to invest in one of Tampa's most desirable neighborhoods.
- MLS #: TB8331171
- Address: 505 S Delaware Ave
- Levels: Multi/Split
- City: Tampa
- Zip: 33606
- County: Hillsborough
- Subdivision: Baywood
- Community Features: Park,Sidewalks
- Elementary School: Gorrie-HB
- Middle School: Wilson-HB
- High School: Plant-HB
- Interior Features: Eat-in Kitchen,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan
- Appliances: None
- Fireplace Desc: Family Room,Wood Burning
- Floor Covering: Other
- Architectural Style: Craftsman
- Exterior Features: Lighting,Sidewalk
- Exterior Contruction: Wood Frame,Wood Siding
- Foundation: Pillar/Post/Pier
- Front Exposure: East
- Roof: Shingle
- Building Sqft: 1944
Approximate Room Sizes / Descriptions
| Living Room | | First | Other |
| Kitchen | | First | Other |
| Living Room | | Second | Other |
| Kitchen | | Second | Other |
| Primary Bedroom | | First | Other |
| Primary Bedroom 2 | | Second | |
- Garage: False
- Garage Spaces: 0
- Carport: False
- Carport Spaces: 0
- Air Conditioning: Central Air,Zoned
- Heating: Electric,Heat Pump
- Utilities: BB/HS Internet Available,Cable Available,Electricity Connected,Phone Available,Sewer Connected,Street Lights,Water Available
- Lot Sqft: 3200.00
- Lot Dim: 40x80
- Lot Acres: 0.0700
- Total Acre: 0 to less than 1/4
- Lot Num: 6
- Style: Single Family Residence
- Property Desc: Walk-Up
- Location: City Limits,Historic District,In County,Level,Paved
- Building Num Floors: 2
- Pet Restrictions: BUYER TO VERIFY PET RESTRICTIONS WITH THE CITY OF TAMPA
- : 813-908-8788
Neighborhood
The average asking price of a 2 bedroom Tampa home in this zip code is
$744,833 (22.1% more than this home).
This home is priced at $368/sqft,
which is 61.3% less than similar homes
in the 33606 zip code.
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Financial
- Approx Payment:$2,967*
- Taxes:$6,515
Area Stats
These statistics are updated daily from the My Florida Regional MLS. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(727) 776-3277 and speak with one of our real estate consultants.
Popular Homes
$748,782
$593,071
441
0.2%
57.4%
89
$481,450
$425,000
256
1.6%
45.7%
82
$483,826
$368,990
454
0.7%
51.1%
99
$648,753
$525,000
232
2.2%
33.6%
58
$533,626
$519,950
38
2.6%
55.3%
102
$389,120
$368,500
64
3.1%
57.8%
95
$392,320
$349,700
404
1.7%
53.0%
83
$527,933
$479,900
635
1.7%
49.3%
76
$762,041
$640,000
163
0.6%
50.3%
67
$739,027
$609,998
226
0.4%
55.3%
81
$1,002,819
$797,000
204
0.5%
53.4%
80
$636,734
$494,950
96
0.0%
55.2%
68
$461,453
$390,490
368
1.1%
49.5%
84
$491,582
$445,000
735
1.0%
55.5%
82
$422,480
$369,000
275
3.6%
54.5%
96
$510,810
$400,000
98
2.0%
48.0%
88
$377,573
$349,000
906
2.1%
50.0%
82
$359,510
$359,900
279
0.4%
64.2%
100
$526,998
$481,450
54
3.7%
46.3%
72
$1,005,085
$550,000
27
0.0%
44.4%
102
$623,908
$549,450
78
0.0%
64.1%
86
$523,999
$479,000
239
2.1%
56.9%
86
$592,242
$507,855
660
0.8%
53.2%
85
$461,207
$399,000
364
1.6%
47.8%
87
$392,985
$380,000
422
1.4%
52.1%
87
Listing Courtesy of BHHS FLORIDA PROPERTIES GROUP.
505 S Delaware Ave, Tampa FL is a single family home of 1659 sqft and
is currently priced at $610,000
.
This single family home has 2 bedrooms.
A comparable home for sale at 406 S Orleans Ave in Tampa is listed at $525,000.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Tampa, FL.
Woodlawn Park, Seybold Lofts and Adalia Bayfront are nearby neighborhoods.
MLS TB8331171 has been posted on this site since 2/4/2025 (today).