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3901 Platt Street, FL
Stellar MLS

$1.27M

3901 Platt Street

Tampa, FL 33609

Listing updated: August 11, 2026 at 10:25 AM ET

Active
Stellar MLSListing courtesy of Keller Williams Tampa Properties · Coach Cook · MLS #TB8534427 · Active · 813-264-7754
3,063
Building SF
0.2
Acres
1
Unit
1953
Built
$416.26
Per SF
Mixed Use15.11% cap rate$416.26/SF360° tour
Mixed Use

Property type

1953

Year built

3,063 SF

Building size

8,890 sqft

Lot size

$416.26

Price / SF

1

Unit

RS-60

Zoning

11

Days on market

Investment & cash flow

15.11%
Cap rate
$193K
NOI / yr
$418K
Gross income (Projected)
$225K
Annual expenses
3.1
GRM
$416.26
Price / SF

Income includes: Laundry, Recreation, Storage

Figures provided by the listing broker — verify independently.

Lease terms

Occupancy
Owner

About this property

Discover an architectural gem that blends timeless elegance with the refined character of South Tampa, offering spacious living and modern updates with outstanding income potential. This impressive 6-bedroom, 3 full and 4 half-bath residence is being thoughtfully renovated and offers remarkable flexibility for investors. Inside, an open-concept floor plan creates an inviting atmosphere filled with natural light. You will find a double-door side entrance with a mudroom for bringing groceries to the gourmet kitchen. The impressive gourmet kitchen features quartz countertops, stainless steel appliances, double ovens, an oversized center island, a commercial-style vent hood, abundant workspace, and a separate prep area that can accommodate extra storage or food preparation. The kitchen makes it ideal for everything from everyday meals to large gatherings. The kitchen flows effortlessly into the expansive dining area and spacious great room, providing the perfect setting for entertaining family and friends. Originally restored in 2019, the home continues to be meticulously maintained. It features numerous significant improvements, including updated electrical wiring, upgraded plumbing, fresh interior and exterior paint, new stucco, an irrigation system, and a tankless water heater. A newly constructed concrete front and back patio enhances curb appeal, while the spacious backyard provides plenty of room for outdoor entertainment, gardening, or future enhancements. This property is currently under alteration and now includes 2 extra bedrooms: one with a half bath and the other with a full bath that includes a toilet, sink, and a walk- in accessible shower. Designed with versatility in mind, the home offers multiple living spaces that can easily act as a 6-bedroom assisted living facility or rehabilitation housing. This use of the property today requires special use approval (S-1). With special use approval (S-1) and a best-use scenario, the property can be expanded to accommodate up to 12 beds. Based on comparable assisted living facilities in the surrounding area, the property can generate excellent tenant space income and long-term equity gain with experienced management. It also presents exciting possibilities: Student housing or short-term rental accommodation. Prime location in the South Tampa Area! Perfectly positioned by Hyde Park Village, Bayshore Boulevard, Downtown Tampa, the Westshore Business District, Mid-Town Tampa, Marina Pointe, and Tampa International Airport. This exceptional property places premier dining, shopping, entertainment, waterfront attractions, and major transportation routes all within easy reach. Whether an expansive personal residence, a multi-purpose property, or a high-potential investment, this unique South Tampa opportunity offers flexibility, location, and endless possibilities.

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Mixed Use
Status
Active
Days on market
11
Subdivision
Azeele Park
County
Hillsborough
Year built
1953
Building area
3,063 sq ft
Price/sq ft
$416.26
Lot size
8,890 sq ft
Units
1
Buildings
1
Stories
1
Ceiling height
10 to 15 Feet
Parking spaces
12
Electric meters
1
Water meters
1
Road frontage
City Street
Building features
Bathrooms, Common Lighting, Elevator – None, Fencing, Outside Storage, Trash Removal
Annual taxes
$13K (2025)
Parcel #
A-21-29-18-3MF-000001-00019.0
Zoning
RS-60
MLS #
TB8534427

Utilities

Utilities
Phone Available, Public, Water Connected
Water source
Public
Sewer
Public Sewer

Listing details

Listing date
2026-07-27
On market date
2026-07-31
MLS area
33609 - Tampa / Palma Ceia
Status changed
2026-07-31
Tax legal description
AZEELE PARK E 10 FT OF LOT 19 AND LOT 20 BLOCK 1

Location

Directions

From I-275, take Exit 42 for Armenia Ave and head south. Turn right onto W Platt St and continue to 3901 W Platt St. The property will be on the right.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of August 11, 2026 at 10:25 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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3901 Platt Street — $1.27M | MaxLife Commercial