Corner Lot Four-Unit
236 W NORTH Street Tampa, FL 33604
New
For Sale
$998,000
MULTI_FAMILY - TAMPA, FL
Property Size2,713 SF
Lot Size0.13 Acres
Price / SF$367.86
Days on Market6
Property Features for 236 W NORTH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- SH-RS
- Bedrooms
- 28
- Bathrooms
- 20
- Rooms
- Bathroom 20, Family Room, Bedroom 11, Bedroom 23, Bedroom 3, Bedroom 19, Bathroom 6, Bathroom 14, Bedroom 18, Bedroom 2, Bathroom 15, Bedroom 21, Bedroom 1, Bathroom 4, Bedroom 8, Bedroom 28, Bathroom 17, Bedroom 13, Bathroom 1, Bathroom 18, Bedroom 27, Bathroom 9, Bedroom 26, Bedroom 16, Bedroom 24, Bathroom 5, Bathroom 13, Bedroom 12, Bedroom 10, Bedroom 17, Bathroom 8, Bathroom 3, Bathroom 10, Bathroom 12, Bedroom 7, Bedroom 25, Bedroom 20, Bathroom 2, Bathroom 19, Bedroom 15, Bedroom 22, Bedroom 9, Bathroom 7, Bedroom 14, Bathroom 11, Dining Room, Bedroom 6, Bedroom 4, Bathroom 16, Bedroom 5
- Interior features
- Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo
- Exterior features
- Lighting
- Fireplace
- 1
- Standard status
- Active
- APN
- A-36-28-18-4FB-000000-00577.0
- Size
- 2,713 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- NORTH PARK ANNEX LOT 577
- Tax Annual Amount
- 11096
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1925
- Building materials
- Frame
- Roof type
- Shingle
Listing Agency:
BRAINARD REALTY
(813) 922-2891
Listed By:
Chris Zoller · License #3340134
(813) 997-1501
Added: Jul 18
Changed: Jul 22
Last Checked: Jul 23 at 7:06PM
MLS# TB8521848
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.
Investment Insights
Based on property information with market context.
This corner lot four-unit quadplex offers four distinct residential setups, including Unit A, a vacant 2-bedroom, 2-bath residence. Units C and D are leased 2-bedroom units with 1 bathroom and 2 bathrooms, respectively. Unit B is a 1-bedroom, 1-bath unit currently operating as an Airbnb.
The property is zoned SH-RS and is positioned in Old Seminole Heights, with convenient access to Downtown Tampa, Ybor City, Armature Works, Midtown Tampa, Raymond James Stadium, Tampa International Airport, I-275, and the Hillsborough River.
With a mix of leased units and an Airbnb operation, the property supports a hybrid rental approach combining long-term leases with short-term rental activity through Unit B.
The property is zoned SH-RS and is positioned in Old Seminole Heights, with convenient access to Downtown Tampa, Ybor City, Armature Works, Midtown Tampa, Raymond James Stadium, Tampa International Airport, I-275, and the Hillsborough River.
With a mix of leased units and an Airbnb operation, the property supports a hybrid rental approach combining long-term leases with short-term rental activity through Unit B.
Key Highlights
- Four‑unit quadplex built in 1925 with public water and public sewer
- Unit mix: vacant Unit A (2 bed/2 bath), Unit B (1 bed/1 bath) operating as an Airbnb, plus leased Units C (2 bed/1 bath) and D (2 bed/2 bath)
- Hybrid rental setup combining long‑term leases with short‑term rental income from Unit B
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.5k | $17.88 |
| − Vacancy | −$3.3k | −$1.21 |
| EGI | $45.2k | $16.67 |
| − OpEx | −$13.6k | −$5.00 |
| NOI | $31.7k | $11.67 |
2,713 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$452.4K
$395.8K – $527.8K
NOI $31,667 @ 7.0% cap · market cap 3.17%
Second Best
Apartment 5plus
$420.6K
$368.0K – $490.7K
NOI $29,443 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$632.1K
$553.1K – $737.4K
NOI $44,244 @ 7.0% cap · market cap 4.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four-unit quadplex on a corner lot with one vacant 2/2 unit and three income-producing units.
Where is this quadplex located?
The property is located at 236 W NORTH Street Tampa, FL.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: Four‑unit quadplex built in 1925 with public water and public sewer; Unit mix: vacant Unit A (2 bed/2 bath), Unit B (1 bed/1 bath) operating as an Airbnb, plus leased Units C (2 bed/1 bath) and D (2 bed/2 bath); Hybrid rental setup combining long‑term leases with short‑term rental income from Unit B
