Tampa / Ybor City Homes with Asbestos Exterior Construction

Tampa / Ybor City Homes with Asbestos Exterior Construction

Welcome to the vibrant and historic neighborhood of Ybor City, located within the bustling city of Tampa, Florida. Known for its rich cultural heritage and lively atmosphere, Ybor City is a unique blend of old-world charm and modern-day conveniences. Once the heart of the cigar industry, this area boasts beautifully preserved architecture, eclectic shops, and an array of dining options that cater to every palate. Whether you're strolling down the brick-lined streets or enjoying the vibrant nightlife, Ybor City has something for everyone.

As you explore the real estate opportunities in this captivating region, it's essential to consider the various types of homes available. Some properties may feature exterior construction that includes asbestos, a material once commonly used for its durability and fire-resistant properties. While the presence of asbestos can raise concerns, many homeowners have successfully navigated these issues through proper inspections and remediation. With the right guidance, you can find a charming home that reflects the character of Ybor City while ensuring safety and compliance.

Living in Ybor City means embracing a lifestyle filled with cultural events, art galleries, and a strong sense of community. The area is well-connected to downtown Tampa, making it easy to enjoy all the amenities the city has to offer. From historic landmarks to trendy cafes, Ybor City is a neighborhood that celebrates its past while looking toward a bright future. Come discover the charm of Ybor City, where history meets modern living, and find your perfect home today!

Newest Tampa / Ybor City Homes with Asbestos Exterior Construction

$650,000
6 Beds 4 Baths Panama SubDv. 33605 Zip Code
Introducing a rare, fully renovated triplex investment opportunity in the heart of V.M. Ybor, one of Tampa’s most dynamic and rapidly evolving urban neighborhoods. Extensively renovated in 2023, nearly every major aspect of the property has been updated, offering investors a turnkey income-producing asset with limited near-term maintenance. The property features a highly desirable three-unit configuration, with the main residence consisting of a spacious 3-bedroom, 2-bath unit previously renting for $2,800 per month and a 2-bedroom, 1-bath unit previously renting for $1,800 per month, along with a detached 1-bedroom, 1-bath accessory dwelling unit providing additional privacy and currently leased at $1,400 per month with approximately seven months remaining on the lease. At full occupancy, the property previously generated approximately $72,000 in annual gross rental income. The tenants in the 3-bedroom and 2-bedroom units recently moved out, creating an excellent opportunity for a new owner to immediately place new tenants, reposition rents, or explore alternative rental strategies based on their investment goals. Located less than a 10-minute drive from Downtown Tampa and just minutes from Ybor City, Tampa Heights, Armature Works, the Tampa Riverwalk, and some of the city’s largest employment, entertainment, and development districts, this property is positioned directly in the path of Tampa’s continued growth. Significant redevelopment, new construction, and investment throughout V.M. Ybor and the surrounding urban core continue to transform the area and strengthen its long-term appeal. Whether you're an investor seeking strong rental income, an owner-occupant looking to offset housing costs with two additional units, or a buyer looking to secure a multi-family asset in a rapidly growing Tampa neighborhood, this renovated V.M. Ybor triplex offers a compelling combination of proven rental history, multiple income streams, extensive 2023 renovations, and an exceptional location minutes from the heart of the city.

1406 E 21st Avenue, Tampa

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