💎 OFF-MARKET TAMPA CASH COW | 6 UNITS (2 LEGAL + 4 VALUE-ADD) | $150K+ SPREAD 💎

About this property

INVESTOR SPECIAL: RARE HIGH-YIELD OPPORTUNITY IN 33612 ASKING: $230,000 ADDRESS: 1115 E Linebaugh Ave, Tampa, FL 33612 THE NUMBERS (PRO FORMA) Wholesale Price: $230,000 (~$35k/door!) Conservative ARV: $330,000+ (As strictly a Duplex, based on comp 1118 E Linebaugh sold $330k in '26) Potential ARV (Re-zoned/Legalized): $450,000+ (See 701 E Linebaugh listed at $465k) Gross Potential Rent: $6,500+/mo ($78k/yr) 2x 2/1 Units: Market rent @ $1,500/ea = $3,000 4x Efficiencies: Market rent @ $900/ea = $3,600 (Est.) Pro Forma Cap Rate: ~25%+ Gross Yield at asking price! THE PROJECT This is a massive value-add play. The property consists of a solid concrete-block duplex PLUS 4 additional units added over time. Main Structure: Solid block 2/1 Duplex (1971 Build) - Needs cosmetic updates. Bonus Structure: 4 Additional units currently on-site. Current Zoning: RS-50 (Residential Single Family). The current use is non-conforming. This is priced for the investor willing to navigate the city or maximize the existing footprint. THE LOCATION High Rental Demand: Located in the Castle Heights/North Tampa corridor. Proximity: Minutes to Busch Gardens, USF, and I-275. Comps: Sold: 1118 E Linebaugh Ave ($330k - May '26) Sold: 701 E Linebaugh Ave ($360k) DEAL TERMS CASH or HARD MONEY ONLY EMD: $5,000 non-refundable Closing: Fast close preferred (14-21 days). Access: By appointment only. DO NOT DISTURB OCCUPANTS.

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