Multifamily Buildings in Tampa
2306 N MORGAN STREET, Tampa, FL 33602
Commercial Sale - TAMPA, FL
Property size:
1,372 SFLot size:
0.14 AcresPrice / SF:
$1,822/SF- Added:
- Nov 5, 2025
- Days on Market:
- 186
- Last Refresh:
- May 10 at 10:06 am
Property Features for 2306 N MORGAN STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- RM-24
- Standard status
- Active
- APN
- A-13-29-18-4XM-000005-00004.0
- Size
- 1,372 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 4924
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1902
- Number of units
- 7
- Flooring type
- Carpet
- Building materials
- Frame, Stucco, Wood Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Eddie Serralles License #508984 (813) 610-1563
Listing office SERRALLES GROUP,INC 2324 N. Highland Ave., Tampa, FL (813) 307-0007
Listing date Nov 5, 2025
MLS# TB8444805
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location in the highly desirable and rapidly growing Tampa Heights submarket, near Ybor City, Downtown Tampa, Armature Works, and the Tampa Heights food and entertainment district.
- Value‑add opportunity through rent optimization and implementation of utility bill‑back systems.
- Redevelopment potential due to RM‑24 zoning, allowing for higher‑density multifamily or townhome development on both parcels.
- Recent capital improvements, including a new roof and fresh paint, providing strong curb appeal and low maintenance.
- Diverse unit mix across two buildings.
- Dedicated tenant parking lot, adding convenience and long‑term value.
Overview
Located in the Tampa Heights submarket, 2306-2308 Morgan Street features two multifamily 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, creating a diverse unit mix of 2 studios (343 SF each), one 1-bedroom/1-bathroom unit (682 SF), and four 2-bedroom/1-bathroom units (735 SF each). Recent improvements include a new roof installed within the past 2-3 years and upgraded capital expenditures. The property has been freshly painted inside and out. 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. The property also includes a separate lot designated for tenant parking. Residents enjoy easy access to Ybor City’s historic nightlife, Downtown Tampa’s Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. The property sits on a 0.14-acre lot. The property presents an opportunity for investors targeting value-add potential. Long-term tenants are paying below-market rents, creating immediate upside through adjustments to market rent. Implementing water bill-back systems provides a way to improve net operating income. The property offers curb appeal and a low-maintenance setup.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.458272
- Latitude
- 27.965434
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Two multifamily buildings with redevelopment potential in Tampa's growing area.
Where is this apartment building located?
The property is located at 2306 N MORGAN STREET Tampa, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime location in the highly desirable and rapidly growing Tampa Heights submarket, near Ybor City, Downtown Tampa, Armature Works, and the Tampa Heights food and entertainment district.; Value‑add opportunity through rent optimization and implementation of utility bill‑back systems.; Redevelopment potential due to RM‑24 zoning, allowing for higher‑density multifamily or townhome development on both parcels.
