1021 E Cayuga Street, Tampa, FL 33603

$599,000
8
BD
3
BA
2,532
SqFt

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List Price
$599,000
Status
Active
Days on Market
0
MLS#
TB8556500
Property Style
Triplex
Year Built
1926
Bedrooms
8
Bathrooms
3
Living Area
2,532
Lot Size
6,960
Acres
0.16
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Phillip Sub
MLS Area Major
Tampa / Seminole Heights

Property Description

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.

Additional Information

Taxes
$5087
Minimum Lease
No Minimum
Annual Gross Income
57600
Community Features
No Deed Restriction
Property Description
One Story
Zoning
SH-RS
Interior Layout
High Ceilings
Interior Features
High Ceilings
Floor
Carpet, Tile
Appliances
Range, Refrigerator
Utilities
Cable Available, Electricity Available, Water Available, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air, Mini-Split Unit(s)
Fireplace
Yes
Fireplace Description
Living Room
Exterior Construction
Frame
Exterior Features
Lighting
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Garage Features
Common, Driveway, On Street, Open, Oversized
Flood Zone Code
x
Parcel ID
A-06-29-19-4LG-000000-00003.0
Legal Description
PHILLIP SUBDIVISION LOT 3

Listing courtesy of KELLER WILLIAMS ST PETE REALTY. murraycoleman@kw.com

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