3 months on rocket

2402 N Highland Ave, Tampa, FL, 33602

$1,550,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
10 Baths
5,288 SqFt
$293/SqFt
Multi

Location

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2402 N Highland Ave, Tampa$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1935
HeatingCentral, Window Unit(s)
CoolingCentral Air, Wall/Window Unit(s)
ViewCity
MLS #TB8306044
Lot Size0.25 Acres
StatusActive

About 2402 N Highland Ave

**8 UNITS** 2 Single Family Homes PLUS 6 unit Apartment Building on this site (**This property did NOT Flood during the recent storms, and had NO water intrusion.) Exceptional Tampa Heights Opportunity. Discover this stunning Tampa Heights property featuring two charming, original single-family homes, an additional building with six apartments, and a separate garage/storage structure—all nestled along picturesque tree-lined brick streets. The Lot spans 10,922 sq. ft. and is zoned RM-24. This versatile lot presents buyers with the option to renovate existing structures or redevelop the site entirely. Built in 1935, 1940, and 1946, these buildings reflect a rich history from a time when Tampa Heights blossomed into a vibrant community characterized by residential and commercial growth. Tampa Heights stands as the city's first significant residential suburb, maintaining its desirability over the years and surging upward in recent years. Established in the 1880s; it drew residents away from downtown, leveraging its favorable transportation access—a trait it retains today. Conveniently located just a few blocks from Highland Park, the YMCA, Armature Works, and the scenic and entertaining Tampa Riverfront Water-Works Park, this property is also near Perry Harvey Sr. Park’s skatepark, a variety of shopping options, entertainment hubs, fine dining, as well as cultural and artistic venues. With easy access to Downtown Tampa, Ybor City, and Tampa International Airport, the location is ideal for both residents and investors. This property has been treasured by the same family since 1960, serving as a beacon of hope and renewal for many. The owner has offered below-market rental rates, aiding countless individuals in regaining their financial footing. With some updating, these stately residences have the potential to significantly increase the rental income. The current use of the property has not intended to maximize rental profits. The property's size and location present a unique development opportunity in one of Tampa Bay's fastest-growing neighborhoods. As the area's progress continues, opportunities like this are becoming increasingly rare. Please respect the privacy of the current tenants—do not trespass or engage with them. Showings are available by appointment only with 24-48 hours' notice. Don’t miss out on this incredible opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Living Area: 5,288 SqFt

Listing Office:

  • Office Name: LPT REALTY
  • Office Phone: (877) 366-2213
  • Listing Agent: Stacy Dillard

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Flooring Type: Laminate, Linoleum, Luxury Vinyl, Tile, Wood
  • Interior: Built-in Features, Ceiling Fans(s), Other

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City
  • Exterior: Outbuilding(s), Awning(s), Courtyard, Fence

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: City Lot, Near Public Transit, Sidewalk, Bricked Street
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Central, Window Unit(s)
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: From Florida Ave, follow E Frances to west on N Highland Ave to address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000
  • Price Per SqFt: $293/SqFt

Tax Information:

  • Annual Amount: $4,904
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Tampa, FL.

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Tampa, FL

City

Med. Sold Price

$424.9K

Med. Price/SqFt

$275

Avg. Days On Market

51

# of Sold Homes

488

2402 N Highland Ave vs Tampa

92 DAYS ON ROCKET

+41 Days

$1,550,000

+$1.1M More

$293/SqFt

+$18 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $18/SqFt more than other homes in Tampa, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #TB8306044

Listing Office:

  • Office Name: LPT REALTY
  • Office Phone: (877) 366-2213
  • Listing Agent: Stacy Dillard

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 4:20:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,904$381,296
2018$3,550$211,311
2017$3,212$167,878

History based on county public records data.

Payment Calculator

$7,803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1014625
8
/10

  • Patricia Sullivan Metropolitan Ministries Partnership School

  • 102 E Palm Ave

  • 0.23 miles

  • Public District Grades KG-5

school-card-donut-1014626
4
/10

  • Tampa Heights Elementary Magnet

  • 305 E Columbus Dr

  • 0.32 miles

  • Public Magnet Grades KG-5

school-card-donut-1014627
2
/10

  • B. C. Graham Elementary School

  • 2915 N Massachusetts Ave

  • 0.37 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,143. Most Tampa, FL residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Hillsborough County›Tampa›33602›2402 N Highland Ave

This home is located at 2402 N Highland Ave in Tampa, FL and zip code 33602 in the Tampa Heights neighborhood. This 5,288 square foot home, which was built in 1935, sits on a 0.25 acre lot. Features: 8 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $1,550,000.

Tampa, FL housing market in November 2024 saw over 78 listings sold above listed price, more than 112 sold at listed price and over 298 sold below. The number of homes for sale in Tampa, FL increased by 4.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 51 days, the median list price was $424,933.

From Rocket Homes Real Estate and based on county public records data.

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