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    Tampa Multifamily Redevelopment Opportunity Title is generated by Realmo AI

    2402 N HIGHLAND AVENUE, Tampa, FL 33602

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    For Sale
    $1,399,000

    Multi-Family 5+ - TAMPA, FL

    Property size:
    5,288 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $264/SF
    Added:
    Jul 15, 2025
    Days on Market:
    299
    Last Refresh:
    May 9 at 7:06 pm

    Property Features for 2402 N HIGHLAND AVENUE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RM-24
    Bedrooms
    8
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking features
    Garage, Oversized
    Pets allowed
    Yes
    Interior features
    Eat-in Kitchen
    Exterior features
    Corner Lot, Paved, Private Mailbox
    Standard status
    Active
    APN
    A-13-29-18-4XZ-000011-00010.0
    Size
    5,288 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    6712

    Utilities

    Heating system
    Central, Ductless (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1935
    Number of units
    8
    Building materials
    Block, Cement Siding
    Roof type
    Metal, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Stacy Dillard
    Stacy Dillard

    Listing agent Stacy Dillard License #3228574

    Listing office LPT REALTY, LLC 1400 South International Parkw, Lake Mary, FL

    Listing date Jul 15, 2025

    MLS# TB8407243 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

    • Opportunity Zone location with redevelopment potential due to RM‑24 zoning and 10,922 sq ft lot size.
    • Eight rental units (mix of single‑family homes and apartments) providing immediate income potential.
    • Seller financing available with a substantial down payment and favorable terms.
    • Prime location near Highland Park, Armature Works, Tampa Riverfront Waterworks park, Downtown Tampa, Ybor City, and Tampa International Airport.
    • Each unit is separately metered for utilities (except water/sewer and small gas bill), allowing tenants to pay for their own usage.
    • Corner lot with alley access, enhancing accessibility and development options.

    Overview

    Located in an Opportunity Zone, this multifamily property features a total of 8 rental units situated across 4 buildings. The property includes a 4-bedroom, 2-bath single-family home, a 2-bedroom, 2-bath single-family home, an apartment building with 4 studio units, and two 1-bedroom, 1-bath units. Constructed in 1935, 1940, and 1946, the buildings reflect the historical character of Tampa Heights. Each unit and both homes are separately metered, with tenants responsible for all utilities except water, sewer, and a small gas bill. The 10,922-square-foot lot is zoned RM-24, offering redevelopment potential. The property is located a few blocks from Highland Park, the YMCA, Armature Works, and the Tampa Riverfront Waterworks park, as well as Perry Harvey Sr. Park’s skatepark, shopping, entertainment, dining, and cultural venues. With convenient access to Downtown Tampa, Ybor City, and Tampa International Airport, the location is suitable for residents and investors. The property has been under the same family ownership since 1960. The stately residences have the potential to increase rental income with renovations. The property benefits from corner access and an alley along the north side.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Pharmacy Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.462583
    Latitude
    27.965324

    FAQs

    What type of property is this?
    Apartment building - Multifamily property with redevelopment potential in Tampa's Opportunity Zone.
    Where is this apartment building located?
    The property is located at 2402 N HIGHLAND AVENUE Tampa, FL.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: Opportunity Zone location with redevelopment potential due to RM‑24 zoning and 10,922 sq ft lot size.; Eight rental units (mix of single‑family homes and apartments) providing immediate income potential.; Seller financing available with a substantial down payment and favorable terms.
    More about this property
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