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Investment Opportunity

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1005 E LAKE AVENUE TAMPA FL 33605 MLS #TB8434436

1005 E LAKE AVENUE
TAMPA, FL, 33605
$595,000
3 Beds
4 Bathrooms
1,909 SqFt
0.11 Acres
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$595,000
1005 E LAKE AVENUE
TAMPA, FL, 33605
MLS #TB8434436 image #0MLS #TB8434436 image #1MLS #TB8434436 image #2MLS #TB8434436 image #3MLS #TB8434436 image #4MLS #TB8434436 image #5MLS #TB8434436 image #6MLS #TB8434436 image #7MLS #TB8434436 image #8

Project Description

1005 E Lake Ave. Tampa is a unique opportunity to own a 4 unit working investment in a bustling urban-core. Ybor Heights is a rapidly growing neighborhood and in-line with the city’s goal of redeveloping Ybor City. The building underwent massive capital improvements, as well as a new roof. All Units have been recently upgraded, including electrical, plumbing, new AC mini-split systems, kitchens with shaker and quartz countertop, new stainless steel appliances and tiled bathrooms and luxury vinyl flooring throughout. Enjoy a strong cashflow right from the start and let the property appreciate. 3 (1 bedroom 1 bath) rented at $1400 each (1 with a private fenced backyard). 1 Studio rented at $1200.

Property Details

Price:
$595,000
MLS #:
TB8434436
Status:
Active
Beds:
3
Baths:
4
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
MATANZAS
Neighborhood:
33605tampayborcity
Listed Date:
Oct 3, 2025
Finished Sq Ft:
1,909
Lot Size:
4,750 sqft / 0.11 acres (approx)
Year Built:
1924
Units:
4
33605 – Tampa / Ybor City33605tampayborcityMatanzas

Property Direction

Subdivisions in TAMPA

Schools

Interior

Cooling
Mini-Split Unit(s)
Heating
Electric
Laundry Features
None

Exterior

Construction Materials
Wood Frame
Exterior Features
Other
Roof
Shingle

Financial

Tax Year
2024
Taxes
$4,089

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Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
1005 E LAKE AVENUE
TAMPA, FL