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About This Home
This 4-bedroom, 0-bathroom multi-family at 506 E SPARKMAN AVENUE in Tampa, FL is listed for $675,000 ($364 per sqft). Built in 1964, the home offers 1,852 sqft of living space on a 0.13 acres lot.
Priced at $675,000, this fully updated 2-unit property is the ideal 1031 exchange investment or the perfect live-in-one, rent-one-out scenario for the savvy buyer looking to offset their mortgage in one of Tampa's hottest neighborhoods. Both units feature 2 bedrooms and 1 bath, offering comfortable and functional layouts that appeal to a wide range of tenants.
The property has been thoughtfully upgraded with major systems already addressed — including a brand new 2024 roof, 2022 HVAC, and 2021 water heater — giving the next owner true peace of mind and minimal near-term capital expenditure. Sitting on a large, oversized lot with room to breathe, this Tampa Heights gem is perfectly positioned for long-term appreciation.
You're just 1 mile from Armature Works, 2 miles from Water Street, and moments from the energy of Downtown Tampa — all while enjoying the charm and community feel of one of the city's most sought-after historic neighborhoods. With over $65,000 in documented improvements invested across recent years — covering kitchens, bathrooms, flooring, applianc
es, plumbing, electrical, and exterior maintenance — this property has been consistently cared for and is move-in ready. The next chapter of Tampa Heights starts here. It starts with this property.
Key Features
- Built in 1964
- 0.13 acre lot
Property Details
Monthly Cost Estimate
$3,610/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
506 E SPARKMAN AVENUE
Tampa, FL 33602
CAMPBELLS
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 4-bedroom, 0-bathroom multi-family at 506 E SPARKMAN AVENUE is listed at $675,000 ($364/sqft). The estimated monthly payment is $2,925 based on 20% down at 6.5% interest.
Key features include: Built in 1964, 0.13 acre lot. Interior Features: Eat-in Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor. Exterior Features: Fence.
This property is listed by Nick McCormick and can be reached at 8135977662 or nick@alpha-luxe-group.com.








