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Two-Residence Short-Term Rental Property
For Sale
$2,495,000

509 S Willow Avenue 1 & 2, Tampa, FL 33606

Each home pairs a townhouse layout with a separate rear apartment and an oversized garage.

Property Size5,598 SF
Price / SF$445.69
Days on Market14

Property Features for 509 S Willow Avenue 1 & 2

General Information

Standard status Active
Size 5,598 SF
Total Parking Spaces 4
Property subtype Residential Income
Zoning PD

Site & Location

Neighborhood Soho Neighborhood Association, Inc.

Units

Unit Mix 2 x 3BR/2.5BA, 2 x 1BR/1BA
Multifamily Units 4

Additional Details

Furnished No
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $16,240

Amenities

Travertine
true
8
false
Negotiable
Blinds,Double Pane Windows,ENERGY STAR Qualified Windows,Insulated Windows
Electric Dryer Hookup,Laundry Closet,Washer Hookup
Public Records
Ceiling Fan(s),Crown Molding,High Ceilings,PrimaryBedroom Upstairs,Thermostat,Walk-In Closet(s),Window Treatments
Sidewalk
Public
4102
4
32.05 x 128
0.09
2
Driveway,Garage Door Opener,Garage Faces Rear,Off Street,On Street,Oversized
Paved
Sprinkler Metered
Slab
Street Paved
Public Maintained Road

Building Details

Year Built 2007
Construction masonry
Listing Agency:
Listed By: Ricky Miller
Source: Hickseliterealty
Added: Oct 20 Changed: Oct 31 Last Checked: Oct 31 at 2:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ricky Miller

Rey
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Investment Insights

Based on property information with market context.

Built in 2007, the property comprises two residences, each with approximately 2,800 square feet of main living area and a rear apartment of approximately 500 square feet. The main townhouse configuration has three bedrooms and two-and-a-half bathrooms; each apartment adds one bedroom and one bathroom. Features include 12-foot ceilings on both floors, travertine flooring in the main living areas, granite countertops, stainless steel appliances, and masonry construction. Each residence also has an oversized two-car garage. The commercial-grade TPO roof was replaced in 2017, and its warranty runs through December 2037, subject to possible transfer terms.

The property is zoned PD and is currently furnished and operated as a short-term rental, with a professional management company and reservations extending into 2027. The existing manager is willing to continue operating the rentals, subject to arrangements between the parties; reservation continuation or transfer is also subject to applicable agreements. Furnishings and operating equipment are excluded from the real estate offering but may be available separately. Hyde Park Village, Bayshore Boulevard, SoHo, Downtown Tampa, and the University of Tampa are among the nearby destinations. Showings are by appointment and coordinated through the listing agent.

Key Highlights

  • Two residences, each with a 3‑bedroom, 2.5‑bath townhouse and a 1‑bedroom, 1‑bath rear apartment
  • Approximately 2,800 square feet of main living area and approximately 500‑square‑foot rear apartment per residence
  • Oversized 2‑car garage at each residence

Property Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

3,500
Businesses Nearby

Demographics for 33606, FL

22,271
Population
10,918
Households
2
Avg Household Size
30
Median Age
77%
College-Educated
98%
High-School Grad
3.3 sq mi
ZIP Area
6,749
Density / Sq Mi
$113,634
Median Household Income
$46,311
Median Earnings
$1,931
Median Rent
$796,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Each home pairs a townhouse layout with a separate rear apartment and an oversized garage.
Where is this short term rental property located?
The property is located at 509 S Willow Avenue 1 & 2 Tampa, FL.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Two residences, each with a 3‑bedroom, 2.5‑bath townhouse and a 1‑bedroom, 1‑bath rear apartment; Approximately 2,800 square feet of main living area and approximately 500‑square‑foot rear apartment per residence; Oversized 2‑car garage at each residence
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