$599,000
1021 E••••• Cayuga St (Sign up for 50 free credits to unlock)Tampa, FL 33603
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.
Property Facts & Features
- Property Type
- Single Family
- Status
- Active
- Listed
- Oct 8, 2026
- Price per Sq Ft
- $237/sqft
- ZIP Code
- 33603
- Full Baths
- 3
- Stories
- 1
- Parking
- Common, Driveway, On Street, Open, Oversized
- Heating
- Central, Electric
- Cooling
- Central Air, Mini Split Unit(S)
- Construction
- Frame
- Property Tax (2025)
- $5,293/yr
- Assessed Value
- $258,141
- Last Sold
- $330,000 · Nov 16, 2022
- Neighborhood
- Southeast Seminole Heights
- County
- Hillsborough
- School District
- Hillsborough County Public Schools
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 8
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Land Info
- Additional Parcels: No
- Lot Size Acres: 0.16
- Lot Size Dimensions: 48x145
- Lot Size Square Feet: 6960
Utilities
- Sewer: Public Sewer
- Cable Available
- Electricity Available
- Water Available
- Water Connected
- Water Source: Public
Appliances
- Range
- Refrigerator
- Laundry Features: Laundry Closet
Other Rooms
- Total Rooms: 4
Rental Info
- Lease Term: Minimum Lease: No Minimum
Interior Features
- High Ceilings
- Furnished Description: Unfurnished
- Flooring: Carpet, Tile
Garage and Parking
- Parking Features: Common, Driveway, On Street, Open, Oversized
Heating and Cooling
- Cooling Features: Central Air, Mini-Split Unit(s)
- Fireplace Features: Living Room
- Heating Features: Central, Electric
- Heating: Yes
Other Property Info
- InLawSuite: Yes
- Annual Tax Amount: 5088
- Tax Block: 3
- Source Listing Status: Active
- County: Hillsborough
- Directions: Head North on 275 to MLK exit. Take exit right to Nebraska Ave. Left on Nebraska. Right on Cayuga
- Tax Year: 2024
- Ownership: Fee Simple
- Area: 33603 - Tampa / Seminole Heights
- Source Neighborhood: PHILLIP SUB
- Parcel Number: A-06-29-19-4LG-000000-00003.0
- Postal Code Plus 4: 4130
- Public Survey Section: 06
- Subdivision: PHILLIP SUB
- Township: 29
- Zoning: SH-RS
- Property Subtype: Single Family Residence
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Building and Construction
- Total Square Feet Living: 2532
- Year Built: 1926
- Building Area Source: Public Records
- Building Area Total: 2756
- Construction Materials: Frame
- Direction Faces: West
- Foundation Details: Crawlspace
- Levels: One
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 100
- Property Condition: Fixer
- Roof: Shingle
- Levels or Stories: One
- Total Area Sqft: 2532
Exterior and Lot Features
- Lighting
- Road Surface Type: Paved
Location
Lat 27.98665 · Lng -82.44746