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505 S Delaware Avenue

Tampa, FL 33606

2 beds
2 baths
1,659 sqft
3,200 sqft lot
$367 per sqft
1919 build
– on site

Step into this charming historical duplex in the heart of Hyde Park's sought-after historic district. Built in 1919, this property is mid renovation, but has already undergone essential updates, including new plumbing, electrical, structural reinforcements, HVAC system, and a new roof, providing peace of mind for future development. The biggest expenses have been completed, so it just needs someone take it the rest of the way to completion! Currently configured as two 1-bedroom, 1-bath units, this property offers flexibility for a variety of investment strategies. With its prime location, just a short walk from Bayshore Boulevard, the Hyde Park Village shopping and dining district, and a variety of entertainment options. This duplex is perfectly positioned for high-demand rental income, whether through long-term leases, or a short term vacation rental. The top-floor unit features a bonus room, offering potential to convert the layout into a 2-bedroom, 1-bath upstairs and a 1-bedroom, 1-bath downstairs, or even a spacious single-family home. The lot includes space for convenient rear parking with alley access, adding to its appeal as a rental or residence. Situated on a cleared lot in the heart of the city, this property is not only a promising investment but also a rare opportunity to own a piece of Tampa's history. The potential ARV exceeds $1.2 million, with an estimated 0.13 ROI for long-term rentals, and even greater returns possible through short-term rentals. Don't miss out on this unique opportunity to invest in one of Tampa's most desirable neighborhoods.

Listing courtesy of STELLAR_MLS / BHHS FLORIDA PROPERTIES GROUP

Last checked: Checking… • Last updated Mar 12, 2025 •

MLS# TB8331171 —

The Building

Year Built:

1919
New Construction:

false
Architectural Style:

Craftsman
Construction Materials:

Wood Frame
Levels:

Multi/Split
Stories Total:

2
Roof:

Shingle
Foundation Details:

Pillar/Post/Pier
Patio And Porch Features:

Covered
Building Area Total:

1944
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Eating Space In Kitchen
Furnished:

Unfurnished
Flooring:

Other
Fireplace:

true
Fireplace Features:

Family Room

Room Dimensions

Living Area:

1659
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From FL-618/Selmon Expressway, take exit 4 toward Willow Ave, turn left onto W Cleveland St, turn left onto S Willow Ave, turn left on Platt St, turn right onto S Delaware Ave to address.
Latitude:

27.939225
Longitude:

-82.470871
Coordinates:

-82.470871, 27.939225

The Property

Parcel Number:

A2329184SWC0000000000.6
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Fixer
Lot Features:

Historic District
Lot Size Acres:

0.07
Lot Size Area:

3200
Lot Size SqFt:

3200
Lot Size Dimensions:

40 x 80
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

RM-16
Direction Faces:

East
View:

Garden
View:

true
Exterior Features:

Lighting
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

X
Flood Zone Panel:

12057CO353J
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

6
Tax Block:

C
Tax Legal Description:

BAYWOOD N 40 FT OF E 80 FT OF S 1/2 OF BLOCK C
Tax Book Number:

2-42
Tax Annual Amount:

6515.07

Beds

Bedrooms Total:

2

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8331171
Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

None
Laundry Features:

Inside

Schools

Elementary School:

Gorrie-HB
Middle Or Junior School:

Wilson-HB
High School:

Plant-HB

The Community

Subdivision Name:

BAYWOOD
Senior Community:

false
Community Features:

Park
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pet Restrictions:

BUYER TO VERIFY PET RESTRICTIONS WITH THE CITY OF TAMPA
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$610,000

Expense	Monthly cost
Mortgage	$3,266
Taxes	$542
Insurance	$167
Utilities	$163 See report
Total	$4,138/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/10/25 Mar 10, 2025	Relisted	STELLAR_MLS	$610,000
2/12/25 Feb 12, 2025	Pending	STELLAR_MLS	$610,000
2/4/25 Feb 4, 2025	Listed / Active	STELLAR_MLS	$610,000	177.3% (8.8% / YR)

House For Sale

$610,000

Cost Est.

$4,138/mo.

Listing provided by broker:

Kathryn Wingad

BHHS FLORIDA PROPERTIES GROUP

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This house located in Southwest Tampa, Tampa, FL 33606 is currently for sale for $610,000. 505 S Delaware Avenue is a 1,659 square foot house with 2 beds and 2 baths that has been on Estately for 38 days. 505 S Delaware Avenue is in the Southwest Tampa neighborhood of Tampa and has a WalkScore® of 83, making it very walkable. This house is in the attendance area of Wilson Middle School, Gorrie Elementary School, and Plant High School.

Listing Courtesy of: STELLAR_MLS and BHHS FLORIDA PROPERTIES GROUP.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.