Phillip Sub Homes with No Deed Restriction Community Extras

Welcome to Phillip Subdivision, a hidden gem nestled in the heart of Tampa, Florida. This charming community is known for its inviting atmosphere and the unique advantage of having no deed restrictions, allowing residents the freedom to truly make their homes their own. Whether you're looking to invest, downsize, or find your forever home, Phillip Sub offers a diverse range of properties to suit every lifestyle.

The homes in Phillip Sub are characterized by their spacious layouts and well-maintained exteriors, providing a welcoming environment for families and individuals alike. With a variety of architectural styles, from cozy single-family homes to larger properties, there's something here for everyone. The absence of deed restrictions means you can enjoy the flexibility to personalize your space—perfect for those who have a passion for gardening, outdoor projects, or simply want to park their RV or boat at home.

Beyond the homes, Phillip Subdivision boasts a vibrant community spirit. Residents often come together for neighborhood gatherings, fostering a sense of belonging and camaraderie. The location is another significant advantage; situated in Hillsborough County, you're just minutes away from the bustling city of Tampa, offering a plethora of dining, shopping, and entertainment options. Plus, the nearby parks and recreational areas provide ample opportunities for outdoor activities.

In Phillip Subdivision, you’ll find more than just a place to live; you’ll discover a community where you can thrive, create lasting memories, and enjoy the freedom of homeownership without the constraints of strict regulations. Come explore what makes Phillip Sub the perfect place to call home!

Newest Phillip Sub Homes with No Deed Restriction Community Extras

$599,000

8 Beds ⋅ 3 Baths ⋅ Phillip Sub SubDv. ⋅ 33603 Zip Code

Income-producing opportunity in Southeast Seminole Heights! This versatile property offers three separate living spaces across two buildings and generated $57,600 in gross rental income in 2025, according to the seller. The main residence features generously sized bedrooms and distinctive architectural character, including arched openings, a living-room fireplace, and a covered front porch. Its flexible layout can function as a 3-bedroom, 1-bathroom home or as a 2-bedroom residence with a dedicated office, den, or flex room. Estimated market rent is approximately $1,900-$2,000 per month. The detached two-story accessory building contains two updated residences. The downstairs 2-bedroom, 1-bathroom unit is estimated to rent for approximately $1,350 per month, while the upstairs 3-bedroom, 1-bathroom unit is estimated at approximately $1,550 per month. The rear building offers separate access, parking, and convenient entry from the back alley, providing additional privacy and independence from the main residence. Combined estimated rents total $4,800 per month, or $57,600 annually in potential gross rental income. The flexible configuration makes this an attractive option for a full investment property, multigenerational living, or an owner-occupant seeking to offset housing expenses with rental income. The detached ADU building is leased through August 29, 2027 (Unit #B) and Unit #C is leased through September 30, 2027. Located approximately 3 miles from Downtown Tampa and minutes from I-275, with convenient access to Armature Works, Ybor City, Busch Gardens, USF, dining, entertainment, and major employment centers. No HOA. Buyer to verify zoning, permitted use, room dimensions, rental information, and all details material to the buyer’s intended use.

1021 E Cayuga Street, Tampa