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$399,000
Beds
6
Baths
4
Sq Ft
1,726 sq ft
Year Built
1934
Lot Size
0.14 acres
Garage
—
This exceptional income-producing duplex at 1514 E North Bay Street, Tampa, FL 33610 presents an outstanding investment opportunity with immediate cash flow and strong upside. Built in 1934, this well-maintained property features two separate 3-bedroom, 2-bathroom units totaling 1,726 heated square feet on a 6,250-square-foot lot, with each unit offering comfortable living spaces and strong rental appeal. The property was recently occupied with Unit 1 rented for $2,000/month and Unit 2 rented for $2,400/month, both on month-to-month leases, generating a combined gross annual rental income of $52,800. Recent improvements include the front A/C unit replaced in 2022, back A/C unit replaced in 2024, a fully remodeled kitchen in 2022, and new flooring installed in 2022, providing peace of mind for investors. Each residence has its own water meter, while electric service is shared. Conveniently located just minutes from Downtown Tampa, Ybor City, Armature Works, Tampa Riverwalk, major hospitals, shopping, dining, entertainment, I-275, and I-4, this property offers tenants exceptional accessibility and convenience. Whether you're expanding your investment portfolio or seeking a turnkey duplex with stable rental income, this property is an excellent opportunity. Property is being sold strictly AS-IS. Realtor has an ownership interest in the property.
Head south on I-275 S, Take exit 46B toward FL-574/Martin Luther King Jr Blvd, Turn left onto FL-574 E/E Dr Martin Luther King Jr Blvd/E M.L.K. Jr Blvd, Turn left onto N 15th St, Turn right onto E North Bay St, Destination will be on the left.
1514 E NORTH BAY STREET, TAMPA, FL 33610
Pick a Day
Preferred Time
Home Price
$399,000
Loan Term
Multiple financing options available for this $399,000 home in TAMPA.
🏛️
$13,965 Down
Government-backed, low down payment. Credit scores as low as 580.
🎖️
$0 Down
Zero down for eligible veterans, active duty, and military families.
🏦
$19,950 Down
Traditional financing. As low as 3-5% down with good credit.
🌾
$0 Down
Zero down for eligible rural areas. Income limits apply.
You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.
Florida Hometown Heroes
Up to $35,000
First-time buyers working in FL
FL Assist
Up to $10,000
FHA, VA, or USDA borrowers
FL HLP Second Mortgage
Up to $10,000
First-time buyers, 0% deferred
Hillsborough County SHIP
Varies
Income-qualifying Hillsborough residents
Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.
Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information 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. Data last updated: August 6, 2026.