Grove Heights Homes with Stucco Exterior Construction

Welcome to Grove Heights, a hidden gem nestled in the vibrant heart of Tampa, Florida. This charming subdivision offers a perfect blend of modern convenience and serene suburban living, making it an ideal choice for families, professionals, and retirees alike. With its tree-lined streets and friendly neighborhood atmosphere, Grove Heights invites you to experience the warmth and camaraderie of community life.

One of the standout features of Grove Heights is its stunning homes, predominantly crafted with durable stucco exteriors. These homes not only exude a timeless elegance but also provide exceptional insulation and low maintenance, ensuring that your investment remains as beautiful as the day you moved in. The stucco finish is not only aesthetically pleasing but also perfectly suited for the Florida climate, offering resistance to moisture and pests.

Residents of Grove Heights enjoy easy access to an array of amenities, including parks, shopping centers, and top-rated schools. The nearby recreational facilities provide ample opportunities for outdoor activities, from leisurely strolls to family picnics. Commuting is a breeze, with major highways just moments away, connecting you to the bustling downtown Tampa and its vibrant cultural scene.

Whether you’re looking for a cozy starter home or a spacious family residence, Grove Heights has something to offer everyone. Embrace the charm and community spirit of this delightful subdivision, where your dream home awaits! Come and discover the perfect blend of comfort, style, and convenience in Grove Heights today.

Newest Grove Heights Homes with Stucco Exterior Construction

$1,490,000

9 Beds ⋅ 7 Baths ⋅ Grove Heights SubDv. ⋅ 33602 Zip Code

Located in the highly desirable Tampa Heights submarket, 2306 Morgan Street is a well-positioned multifamily asset consisting of two buildings totaling 7 units across 4,315 square feet. The property includes a front triplex built in 1902 and a rear quadplex built in 1926, offering a compelling blend of historic charm and modern improvements. The asset features a diverse unit mix comprised of two studios (approximately 343 SF each), one 1-bedroom/1-bath unit (682 SF), and four 2-bedroom/1-bath units (approximately 735 SF each). The property has benefited from recent capital improvements, including a new roof installed within the past 2–3 years, along with additional upgrades and fresh interior and exterior paint, providing strong curb appeal and a low-maintenance ownership profile. Income totals include a combination of market rents and housing assistance payments, offering stable cash flow with upside potential. Several long-term tenants are currently paying below-market rents, creating an opportunity to optimize rents to market levels over time. Additional value-add strategies include implementing utility bill-backs, particularly for water, to further enhance net operating income. Redevelopment or reconfiguration potential may exist, subject to buyer due diligence. Positioned minutes from some of Tampa’s most vibrant destinations, residents enjoy easy access to Ybor City’s historic nightlife, Downtown Tampa’s Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistent occupancy, recent updates, and a prime central location, 2306 Morgan Street stands out as a strong opportunity to own a turn-key multifamily asset in one of Tampa’s most in-demand rental corridors.

2306 N Morgan Street, Tampa

$1,499,000

Grove Heights SubDv. ⋅ 33602 Zip Code

Located in the highly desirable Tampa Heights submarket,2306 Morgan Street consists of two multifamily buildings totaling 7 units across 4,315 square feet. The front triplex, built in 1902,and the rear quadplex, built in 1926, together create a diverse unit mix: 2 studios (343 SF each), one 1-bedroom/1-bathroom units (735 SF each). unit (682 SF), and four 2-bedroom/1-bathroom from recent improvements, including a new roof within the past 2-3 years and upgraded capital expenditures. With a blend of historic character and recent updates, the asset neighborhoods presents a unique opportunity for investors targeting value-add potential in one of Tampa's fastest-growing Value-Add Opportunities adjustments Optimize Rents: to market Several levels. Long-term tenants are paying below-market rents, creating immediate upside through Utility Bill-Backs: Implementing water bill-back systems provides a straightforward way to improve net operating income. Redevelopment Potential. Has been freshly painted inside and out, offering strong curb appeal and a low-maintenance setup for any investor looking for steady cash flow. Positioned minutes from some of Tampa’s most vibrant attractions, residents enjoy easy access to Ybor City’s historic nightlife, Downtown Tampa’s Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistent occupancy, recent updates, and a prime location near all the city’s key amenities, 2306 Morgan stands out as an exceptional opportunity to own a turn-key multifamily asset in one of Tampa’s most in-demand rental corridors.

2306 N Morgan Street, Tampa

$1,499,000

Grove Heights SubDv. ⋅ 33602 Zip Code

Located in the highly desirable Tampa Heights submarket,2306-2308 Morgan Street consists of two multifamily buildings totaling 7 units across 4,315 square feet.The front triplex, built in 1902,and the rear quadplex, built in 1926, together create a diverse unit mix: 2 studios (343 SF each), one 1-bedroom/1-bathroom units (735 SF each). unit (682 SF), and four 2-bedroom/1-bathroom from recent improvements, including a new roof within the past 2-3 years and upgraded capital expenditures. With a blend of historic character and recent updates, the asset neighborhoods presents a unique opportunity for investors targeting value-add potential in one of Tampa's fastest-growing Value-Add Opportunities adjustments Optimize Rents: to market Several levels. Long-term tenants are paying below-market rents, creating immediate upside through Utility Bill-Backs: Implementing water bill-back systems provides a straightforward way to improve net operating income. Redevelopment Potential: The lot at 2308 Morgan Street is zoned RM-24, allowing future investors the flexibility to redevelop both parcels into higher-density multifamily or modern townhomes. Has been freshly painted inside and out, offering strong curb appeal and a low-maintenance setup for any investor looking for steady cash flow. The property also includes a separate lot designated for tenant parking, adding convenience and long-term value. Positioned minutes from some of Tampa’s most vibrant attractions, residents enjoy easy access to Ybor City’s historic nightlife, Downtown Tampa’s Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistent occupancy, recent updates, and a prime location near all the city’s key amenities, 2306 Morgan stands out as an exceptional opportunity to own a turn-key multifamily asset in one of Tampa’s most in-demand rental corridors.

2306 N Morgan Street, Tampa

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