$1,250,000
Original: $1,325,000 ▼ Price reduced

307 S NEWPORT #1-2 AVE, Tampa, FL 33606

Active
6
Beds
3
Baths
2,960
Sq Ft
$422
Per Sq Ft
1923
Built
34
Days Listed

About This Property

***MOTIVATED*** Bring all offers! Your chance live in Hyde Park and have your renter pay your mortgage!! Wonderful INCOME POTENTIAL with this Duplex in the heart of Hyde Park. This 1923s home is ready for its next chapter in history! Currently set up as two units: Downstairs 3/2, Upstairs 3/1. Great investment for two rentals close to Hyde Park Village and University of Tampa. Live in 1/2 and rent 1/2. Or turn it it into a single-family home with a few minor changes. Walkable to A-rated Hyde Park schools, Gorrie Elementary and Wilson Middle. Excellent Rental Potential ! Both units were recently successful on AirBnb. Short & Long Term leases allowed. 2025 cosmetic updates include: New Interior and Exterior Paint, New LPV Flooring, New Light Fixtures, Kitchen and Bath Cabinetry, Digital thermostats, and in queue for a NEW ROOF before closing. Renovated 2-car garage. New Owner can explore adding living space above the garage. Wonderful alley access. Long driveway for extra private parking. Stop dreaming and start living in Historic Hyde Park. Enjoy all the village perks of restaurants, holiday events, monthly farmers markets and more! Walking Distance to Bayshore, Downtown Tampa Bay, and Hyde Park Village, Gorrie, Wilson and UT! This is your opportunity to live in one of the most coveted areas of downtown Tampa.

Property Details

TypeSingle Family Residence
Garage2 spaces
Lot0.14 ac
Stories2
PoolNo
WaterfrontNo
Subdivision4SU | KELLY'S ALICE SUBDIVISION
HOANo
Tax/yr$11,431
HeatingCentral, Electric
CoolingCentral Air
FlooringCeramic Tile, Luxury Vinyl
RoofShingle

Schools

ElementaryGorrie-HB
MiddleWilson-HB
High SchoolPlant-HB

Listed by SMITH & ASSOCIATES REAL ESTATE · MLS# TB8501202

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Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-05-28.
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.
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Rise Team · LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team · LPT Realty
(813) 548-5618
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