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$599,000

8 Beds 3 Baths 2,532 SQFT 0.16 Acres
Type: Single Family

1021 E CAYUGA STREET
TAMPA, FL 33603

MLS#: TB8556867
Scott Frank
Scott Frank
The Real Estate Advantage
Real Estate Agent
Phone: 612.532.5102
Office: 952.226.7700
Presented by: KELLER WILLIAMS ST PETE REALTY with 727-894-1600. - murraycoleman@kw.com

Property Description

 

Income-producing opportunity in Southeast Seminole Heights! This versatile property offers three separate living spaces across two buildings and generated $57,600 in gross rental income in 2025, according to the seller. The main residence features generously sized bedrooms and distinctive architectural character, including arched openings, a living-room fireplace, and a covered front porch. Its flexible layout can function as a 3-bedroom, 1-bathroom home or as a 2-bedroom residence with a dedicated office, den, or flex room. Estimated market rent is approximately $1,900-$2,000 per month. The detached two-story accessory building contains two updated residences. The downstairs 2-bedroom, 1-bathroom unit is estimated to rent for approximately $1,350 per month, while the upstairs 3-bedroom, 1-bathroom unit is estimated at approximately $1,550 per month. The rear building offers separate access, parking, and convenient entry from the back alley, providing additional privacy and independence from the main residence. Combined estimated rents total $4,800 per month, or $57,600 annually in potential gross rental income. The flexible configuration makes this an attractive option for a full investment property, multigenerational living, or an owner-occupant seeking to offset housing expenses with rental income. The detached ADU building is leased through August 29, 2027 (Unit #B) and Unit #C is leased through September 30, 2027. Located approximately 3 miles from Downtown Tampa and minutes from I-275, with convenient access to Armature Works, Ybor City, Busch Gardens, USF, dining, entertainment, and major employment centers. No HOA. Buyer to verify zoning, permitted use, room dimensions, rental information, and all details material to the buyer’s intended use.


 

Interior Features

Bedrooms

Total Bedrooms8

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Fireplace FeaturesLiving Room
Fireplace Y/NYes
FlooringCarpet, Tile
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesHigh Ceilings
Laundry FeaturesLaundry Closet

General

Additional Parcels Y/NNo
AppliancesRange, Refrigerator
Attached Garage No
Building Area Units0 sqft
Carport Spaces0
Carport Y/NNo
CityTAMPA
Construction MaterialsWood Frame
CoolingCentral Air, Mini-Split Unit(s)
CountyHillsborough
DirectionsHead North on 275 to MLK exit. Take exit right to Nebraska Ave. Left on Nebraska. Right on Cayuga
Facing DirectionWest
Flood Zone Codex
Flood Zone Code XY
Full Baths3
Garage Spaces0
Garage Y/NNo
HeatingCentral, Electric
In Law Suite Description2+ Bedrooms, Detached (ADU), Private Entrance
In Law Suite YNYes
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionPHILLIP SUBDIVISION LOT 3
LevelsOne
Listing TermsCash, Conventional, FHA, VA Loan
Living Area Units0 sqft
Lot Size Square Feet6960
Lot Size UnitsSquare Feet
MLS Area33603 - Tampa / Seminole Heights
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeTenant
OwnershipFee Simple
Property ConditionFixer
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NamePHILLIP SUB
Tax Annual Amount$5,088
Tax Lot3
Tax Year2024
Total Rooms4
UtilitiesCable Available, Electricity Available, Water Available, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1926
ZoningSH-RS

Exterior

Building Area Total2,756 sqft
Covered Spaces0
Exterior AmenitiesLighting
Foundation DetailsCrawlspace
Lot Dimensions48 x 145
Lot Size Acres0.16
Lot Size Area6,960 sqft
Parking FeaturesCommon, Driveway, On Street, Open, Oversized
Private PoolNo
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

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$599,000

8 Beds 3 Baths 2,532 SQFT 0.16 Acres
Type: Single Family

1021 E CAYUGA STREET
TAMPA, FL 33603

MLS#: TB8556867
Scott Frank
Scott Frank
The Real Estate Advantage
Real Estate Agent
Phone: 612.532.5102
Office: 952.226.7700