316 W Columbus Dr, Tampa, FL 33602

Iconic Multi-Family Property in Prime Tampa Heights!

An extraordinary investment opportunity awaits at 316 W Columbus Dr, a classic MultiFamily property in the highly sought-after Tampa Heights neighborhood. Built in 1921, this historic building offers a total of 2,606 sqft of living space, with an excellent configuration for rental income. Located on Columbus Drive, the property benefits from huge traffic exposure, making it a highly visible and valuable asset.

Tampa Heights is one of Tampa’s most vibrant and rapidly developing submarkets. It offers a perfect blend of historic charm and urban convenience, with easy access to the Riverwalk, Armature Works, Downtown Tampa, and a burgeoning culinary scene. The area is experiencing significant redevelopment and is projected to see continuous growth, supporting a robust rental market.

Priced at $799,000, this property is a standout investment in a market with strong rental rates. The average rent for a 2-bedroom unit in Tampa is around $1,800 to $2,942, depending on the neighborhood and amenities. With multiple units, this property offers significant potential for positive cash flow. Whether you’re a seasoned investor or looking to start your portfolio, this is a rare chance to own a piece of Tampa’s history and capitalize on its dynamic growth.