$1,715,000

$532/sq ft

$270,000
Price Decreased

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Overview

Year Built

1954

Sqft

3224

Property Type

Duplex

Property Description

A rare Tampa waterfront investment with 258 ft of private shoreline and proven returns that outperform the stock market. This income-producing short-term rental averages 10.3% annual gross ROI, with total effective returns often reaching 20–33% when factoring appreciation, tax benefits, and leverage—far beyond typical equities. Zoned RSC-6, the property allows multiple dwellings on large lots, accessory structures, and additional units, giving investors the freedom to expand—think tiny homes, cabins, glamping sites, studio suites, or a waterfront event lawn (verify specifics with county). The 1.16-acre estate already operates as a high-performing STR with two mid-century homes, bonus spaces, and room to sleep 30. Guests love the curated amenities: swim spa, hot tub, mini golf, kayaks, paddle boat, fire pit, outdoor shower, yard games, creekside bar, and private boat launch. With strong weekend bookings and untapped weekday potential, this turnkey, fully furnished property offers immediate cash flow and significant upside. Waterfront, revenue, land, zoning flexibility—opportunities like this almost never hit the market. Investor packet available.

Property Details

MLS#

TB8413895

Address

5909 MOHR

City

Tampa

State/county

FL

Zip/Postal Code

33615

Area

Unplatted

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,562

Maint Fee

$--

Tax Year

2024

Bar Fridge

Convection Oven

Cooktop

Dishwasher

Disposal

Dryer

Electric Water Heater

Microwave

Other

Refrigerator

Washer

Trees/Woods

Water

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Boris Gelfand