701 E HOLLYWOOD ST, TAMPA, FL, 33604
$990,000
Residential
Bedrooms
3
Bathrooms
2
Living Area
1,608 Sqft
Lot Size
7,500 Sqft
Exceptional income-producing opportunity in the heart of Seminole Heights! This unique multi-family property features a beautifully updated 3-bedroom, 2-bath bungalow situated on a deep 150-foot lot, along with a brand-new detached garage and fully independent 1-bedroom, 1-bath ADU completed in June 2026. The main home offers an open-concept floor plan with stylish white cabinetry, a spacious gray center island, quartz countertops, soft-close hardware, and modern finishes throughout. The fenced backyard provides the perfect setting for relaxing, entertaining, and enjoying Florida's year-round sunshine. Adding tremendous value and flexibility is the newly constructed detached garage and second-floor ADU, both fully permitted and approved by the City of Tampa. With its own private entrance from the rear dead-end street, the ADU is ideal for rental income, multi-generational living, guest accommodations, a home office, or an Airbnb opportunity. The detached garage offers endless possibilities as a workshop, gym, storage space, hobby room, or additional parking. Additional features include separate entrances, tankless water heaters, a wired security system, water softener, porte cochere, and ample parking. Located in one of Tampa's most sought-after neighborhoods, this property is just minutes from downtown Tampa, TPA, popular restaurants, breweries, shopping, entertainment, and parks. Outdoor enthusiasts will appreciate the nearby riverfront parks and scenic Green Artery trail, offering easy access for walking, biking, and enjoying the neighborhood's natural beauty. Whether you're looking for a primary residence with supplemental income potential or a versatile investment property, this Seminole Heights gem offers a rare combination of charm, flexibility, and long-term value. Call Today!
Property Details
Property Features Property Features
MLS ID: MFRTB8520199 Year Built: 2021
Appliances: Dishwasher, Disposal Architectural Style: Bungalow
Construction Materials: Block Cooling: Central Air
Country: US County Or Parish: Hillsborough
Direction Faces: North Exterior Features: French Doors, Lighting, Rain Gutters
Flooring: Laminate, Tile Foundation Details: Slab
Furnished: Unfurnished Heating: Central
Laundry Features: Inside Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Features: City Limits, Oversized Lot, Street Dead-End, Paved Occupant Type: Owner
Parking Features: Driveway Patio And Porch Features: Front Porch
Pets Allowed: Yes Property Sub Type: Single Family Residence
Property Type: Residential Road Surface Type: Concrete
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Appointment Only, Call Listing Agent Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Public Vegetation: Mature Landscaping, Oak Trees
Water Source: Public
Rooms Rooms
Primary Bedroom: 15x14 ft Bedroom 2: 12x12 ft
Bedroom 3: 12x14 ft Kitchen: 14x13 ft
Living Room: 17x15 ft
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