$495,000
12319 MEMORIAL HIGHWAY, TAMPA, FL 33635
Beds
5
Baths
2
Sq Ft
1,620 sq ft
Year Built
2004
Lot Size
0.64 acres
Garage
0
About This Property
Exceptional Investment Opportunity with Dual Rental Units and a Spacious Lot! Discover the possibilities!! Situated on a large lot with outstanding potential, this versatile property offers a unique opportunity for investors, multi-generational living, or buyers looking to maximize rental income. Currently configured as two separate living units, this property provides flexibility and income-producing potential in a desirable Tampa location. Unit 1 features 3 bedrooms and 1 bathroom, with an open-concept kitchen and living area that creates a welcoming, functional space for everyday living. The three-bedroom layout offers comfortable accommodations and versatile use. Unit 2 offers 2 bedrooms and 1 bathroom with an open-concept design, providing a separate living space ideal for tenants or extended family. With a combined total of 5 bedrooms and 2 bathrooms across both units, this property presents multiple possibilities for generating rental income, accommodating extended family, or exploring future improvements to maximize its potential. The spacious lot adds further appeal for buyers seeking room to grow and envision new possibilities. Whether you're an experienced investor looking to expand your portfolio or a buyer searching for a property with flexible living arrangements and income potential, this is an opportunity worth exploring. Bring your vision and unlock the possibilities of this unique property! Call now to schedule your appointment!
Property Overview
Interior Features
Exterior & Lot
Utilities
Parking
HOA & Community
Financial Details
Directions
From intersection of W. Hillsborough Ave. and Countryway, Blvd.; Head toward Southern Brook Bend 0.4 mi; Turn left onto Memorial Hwy 0.3 mi; Destination (gravel driveway) will be on the right.
Location
12319 MEMORIAL HIGHWAY, TAMPA, FL 33635
Listing Information
Schedule a Tour
Pick a Day
Preferred Time
Home Price
$495,000
Loan Term
How to Buy This Home
Multiple financing options available for this $495,000 home in TAMPA.
🏛️
FHA Loan
$17,325 Down
Government-backed, low down payment. Credit scores as low as 580.
🎖️
VA Loan
$0 Down
Zero down for eligible veterans, active duty, and military families.
🏦
Conventional
$24,750 Down
Traditional financing. As low as 3-5% down with good credit.
Florida Down Payment Assistance Programs
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
Can You Afford This Home?
Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.
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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: October 16, 2026.