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    2402 N Highland Ave Tampa, FL 33602

    Sponsored
    For Sale
    $1,499,000

    Multi Family - TAMPA, FL

    Property size:
    5,288 SF
    Lot size:
    0.25 Acres
    Days on Market:
    139
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 2402 N Highland Ave

    General Information

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

    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

    LPT Realty, LLC. (877) 366-2213 [email protected]

    Listing agent Stacy Dillard (877) 366-2213 License #3228574

    Listing date Aug 20, 2025

    MLS# TB8407243 Listing URL

    Copyright © 2025 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.

    Overview

    Tampa Heights Multifamily Investment Opportunity

    Located in Tampa Heights, this multifamily property features a total of 8 rental units situated in 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 residential and commercial growth of Tampa Heights. The 10,922 square foot lot is zoned RM-24, allowing for the development of up to 6 new units. Each unit and both homes are separately metered, with tenants responsible for all utilities except water, sewer, and a small gas bill. The property is located on a corner lot with alley access along the north side. It is conveniently located near Highland Park, the YMCA, Armature Works, Tampa Riverfront Waterworks park, and Perry Harvey Sr. Park’s skatepark, as well as shopping, entertainment, dining, and cultural venues. The location provides easy access to Downtown Tampa, Ybor City, and Tampa International Airport. The property offers a development opportunity in a growing neighborhood. The residences have the potential to increase rental income with renovations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

    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

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    FAQs

    What type of property is this?
    Apartment building - Eight-unit multifamily property in Tampa Heights with redevelopment potential.
    Where is this apartment building located?
    The property is located at 2402 N Highland Ave Tampa, FL.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: - Prime Tampa Heights location near Highland Park, Armature Works, Tampa Riverfront, and Downtown Tampa, Ybor City, and Tampa International Airport.; - Significant redevelopment potential: **Zoned RM-24, approved for 6 new units if redeveloped.**; - Eight rental units in place offering immediate income potential.
    (813) 298-7696
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    2402 N Highland Ave Tampa, FL 33602
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    Tampa, FL 33602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2402 N Highland Ave Tampa, FL 33602
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