2 months on rocket

2524 Cherry St, Tampa, FL, 33607

$599,999

Home List Price

$7,125*

Closing Credit

0 Baths
1,356 SqFt
$442/SqFt
Multi

Location

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2524 Cherry St, Tampa$599,999

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1913
HeatingElectric
CoolingCentral Air
MLS #TB8302036
Lot Size0.09 Acres
StatusActive

About 2524 Cherry St

This property presents an exceptional investment opportunity in the historic Old West Tampa area, conveniently located near West Tampa Elementary and McFarlane Park. Boasting 100% occupancy with long-term tenants, this classic bungalow features two 3-bedroom, 2-bathroom units, each renting for $2400. The units are mirror images of each other with a 'shotgun' layout, and have been meticulously maintained and upgraded with new flooring, remodeled kitchens with new appliances, upgraded electrical and plumbing systems, and new siding. Each unit also offers central HVAC, separate electric meters, and a shared water meter. Additional amenities include a covered front porch, front and rear entry doors, a private driveway with rear parking, and curbside parking. This versatile property is ideal for investors seeking consistent rental income, homeowners looking to live in one unit and rent the other, or those interested in operating an Airbnb.

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Living Area: 1,356 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS SOUTH TAMPA
  • Office Phone: (813) 875-3700
  • Listing Agent: Aldo Delacruz

Interior Features

Interior Information:

  • Interior: Kitchen/Family Room Combo, Primary Bedroom Main Floor

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Private Mailbox, Sidewalk

Virtual/3D Tour

  • Virtual Tour: 2524 Cherry St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-275, North on Howard Ave, West (left) on Cherry St, pass Armenia Ave and property is on left - just before elementary school.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,999
  • Price Per SqFt: $442/SqFt
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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

$424.7K

Med. Price/SqFt

$274

Avg. Days On Market

53

# of Sold Homes

545

2524 Cherry St vs Tampa

73 DAYS ON ROCKET

+20 Days

$599,999

+$175.2K More

$442/SqFt

+$168 More

KEY TAKEAWAY

This property is $175.2K more than the Median Sold Price and $168/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: #TB8302036

Listing Office:

  • Office Name: KELLER WILLIAMS SOUTH TAMPA
  • Office Phone: (813) 875-3700
  • Listing Agent: Aldo Delacruz

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: 11/21/2024, 8:19:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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-414472
5
/10

  • West Tampa Elementary School

  • 2700 W Cherry St

  • 0.11 miles

  • Public District Grades KG-5

school-card-donut-414473
9
/10

  • Macfarlane Park Elementary Magnet School

  • 1721 N Macdill Ave

  • 0.47 miles

  • Public Magnet Grades KG-5

school-card-donut-414474
4
/10

  • Dunbar Elementary Magnet School

  • 1730 W Union St

  • 0.57 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,328. The majority of Tampa, FL residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Hillsborough County›Tampa›33607›2524 Cherry St

This home is located at 2524 Cherry St in Tampa, FL and zip code 33607 in the MacFarlane Park neighborhood. This 1,356 square foot home, which was built in 1913, sits on a 0.09 acre lot. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $599,999.

In October 2024 more than 80 listings in Tampa, FL were sold above the asking price. During the same period more than 116 listings were sold at asking price, while more than 349 were sold below. The number of listings in Tampa, FL decreased by 0.6% between September 2024 and October 2024. Listings spent 53 days on the market in October 2024, and had a median list price of $424,741 during the same period.

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

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