Seminole Heights short-term rental conversion
58XX N Central Ave · Tampa, FL 33604 · Hillsborough County County
Front elevation
1 / 6Asking price
$312,000
ARV range
$398K–$425K
Repairs
$38K–$48K
Discount to ARV
24.2%
Projected profit
$1,755
ROI
0.5%
Cap rate
8.5%
Cash-on-cash
8.6%
Risk flags and disclosures
Surfaced automatically from the listing data. Confirm every item during your own diligence.
Income projection is short-term rental based
Nightly revenue is seasonal. Stress-test the deal at the $2,450 long-term rent figure.
Elevated insurance cost
Annual insurance is modeled at $4,620 based on a current quote for this ZIP code.
- Short-term rental income is a projection, not a guarantee, and local rules can change.
- Insurance in this market is materially higher than national averages.
Underwrite this deal
Every input is editable and every number recalculates instantly. Seller figures are pre-filled — replace them with your own assumptions.
Maximum allowable offer
$240,750
Asking price is $71K above your rule.
Total basis
$380,940
Selling costs
$28,805
Holding costs
$5,600
Contingency
$4,300
Net profit
$1,755
ROI
0.5%
Annualized ROI
1.4%
Break-even sale price
$409,613
Modeled projections for demonstration only. They are not an appraisal, a guarantee of returns, or investment advice.
Updated block home two blocks from the Florida Avenue restaurant corridor. Rent shown is a blended short-term projection net of platform fees, based on comparable operating listings within one mile. Long-term rent for the same home would be roughly $2,450.
Beds / baths
3 / 2
Square feet
1,490
Lot size
7,200 sqft
Year built
1952
Units
1
Occupancy
Vacant
Market rent
$4,100/mo
Taxes
$410/mo
Access
Vacant with lockbox access
Highlights
- Two blocks from the primary restaurant corridor
- Pool-ready yard with alley access
- Impact windows installed in 2021
Known repairs
- Furnishing package
- Kitchen appliance upgrade
- Fence and landscaping
- Exterior paint
Deal structure
Direct-to-seller purchase with a standard 30-day close.