506 E SPARKMAN AVE, TAMPA, FL, 33602
$675,000
Residential Income
|
Bedrooms
4
|
Bathrooms
2
|
Living Area
1,852 Sqft
|
Lot Size
5,814 Sqft
|
Priced at $675,000, this fully updated 2-unit property is the ideal 1031 exchange investment or the perfect live-in-one, rent-one-out scenario for the savvy buyer looking to offset their mortgage in one of Tampa's hottest neighborhoods. Both units feature 2 bedrooms and 1 bath, offering comfortable and functional layouts that appeal to a wide range of tenants. The property has been thoughtfully upgraded with major systems already addressed — including a brand new 2024 roof, 2022 HVAC, and 2021 water heater — giving the next owner true peace of mind and minimal near-term capital expenditure. Sitting on a large, oversized lot with room to breathe, this Tampa Heights gem is perfectly positioned for long-term appreciation. You're just 1 mile from Armature Works, 2 miles from Water Street, and moments from the energy of Downtown Tampa — all while enjoying the charm and community feel of one of the city's most sought-after historic neighborhoods. With over $65,000 in documented improvements invested across recent years — covering kitchens, bathrooms, flooring, appliances, plumbing, electrical, and exterior maintenance — this property has been consistently cared for and is move-in ready. The next chapter of Tampa Heights starts here. It starts with this property.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8502629 | Year Built: | 1964 | |
| Community Features: | Street Lights | Construction Materials: | Block | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Hillsborough | Exterior Features: | Fence | |
| Flooring: | Vinyl | Foundation Details: | Block | |
| Heating: | Central, Electric | Laundry Features: | Inside, Laundry Closet | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional | |
| Occupant Type: | Vacant | Property Sub Type: | Duplex | |
| Property Type: | Residential Income | Road Surface Type: | Asphalt | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | Call Listing Agent 2 | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected | Water Source: | Public, Well | |
We love to hear from you