5901 North Ola Avenue

Tampa, FL 33604

$515,000
Price
2
Beds
1,540 Sq. Ft.
$334 / Sq. Ft.
1,540
Sq. Ft.
$334
per Sq. Ft.

Description

Under contract-accepting backup offers. Located in the heart of Seminole Heights, this historic duplex is a turnkey opportunity for a buyer to live in one side and rent the other, or for an investor to have two rental units with individually metered utilities. Current owner had great success renting as a short term rental with 30-day minimums. Each unit features one bedroom, one bathroom, a living and dining room combo, and a rear bonus room currently used for laundry, but which could be converted...Under contract-accepting backup offers. Located in the heart of Seminole Heights, this historic duplex is a turnkey opportunity for a buyer to live in one side and rent the other, or for an investor to have two rental units with individually metered utilities. Current owner had great success renting as a short term rental with 30-day minimums. Each unit features one bedroom, one bathroom, a living and dining room combo, and a rear bonus room currently used for laundry, but which could be converted to an office or additional bedroom. Each kitchen features some modern updates with touches of original charm, including a rare original cast iron sink in one unit. Other highlights include newly refinished heart-of-pine floors, high ceilings, and original doors, trim, and hardware. At the front of the property, each unit has its own driveway, with space for up to three cars, one under a portico. There is a large covered front porch which leads to a shared lobby, with private entrances to each unit. At the rear of the property is an oversized deck and massive backyard, which includes a custom shed. Own a historic home knowing all major systems, and more, have already been updated: Roof 2020; HVAC A 2021; HVAC B 2018; Water Heaters 2016-17; PVC plumbing and newer copper wiring; Main panel 2020; Paint (int and ext) 2024; Deck 2021; Shed 2021; Floor refinish 2024.
  1. Listed by Ryan Chamblee • PINEYWOODS REALTY LLC

Property Details for 5901 North Ola Avenue

Subdivision Name
IDLEWILD ON THE HILLSBOROUGH
Township
28
Carport Spaces
2
Waterfront
No
Furnished
Unfurnished

Location

Listing Courtesy of PINEYWOODS REALTY LLC, Ryan Chamblee
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LISTING UPDATED: 05/20/2024 10:23 AM

Property Details for 5901 North Ola Avenue

StatusPending
MLS #U8242840
Days on Market4
Taxes$4,198 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1926
Lot Size0.21 AC / 9,270 SF
CountyHillsborough County

Location

Listing Courtesy of PINEYWOODS REALTY LLC, Ryan Chamblee
Add your commute

Building Information for 5901 North Ola Avenue

Stories-Residences2Year Built1926Building Size-Lot Size0.21 AC / 9,270 SF

Payment Calculator

$3,160 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,811

Property Taxes

$350

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5901 North Ola Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1980.0
  • Building Area Units: Square Feet
  • Directions: From Hillsborough and Ola head north on Ola to property address on right.
  • Mls Major Change Type: Pending
  • Major Change Type: Pending
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 5901
  • Street Direction Prefix: N
  • Street Name: OLA
  • Street Suffix: AVENUE
  • State: FL
  • City: TAMPA
Parking
  • Available For Lease: Yes
  • Carport: Yes
  • Garage: No
  • Parking Features: Covered, Driveway, Off Street
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 19
  • Tax Book Number: 4-106
  • Tax Legal Description: IDLEWILD ON THE HILLSBOROUGH S 1/2 OF LOT 8 BLOCK 19
  • Tax Lot: 8
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 51.5x180
  • Parcel Number: A-36-28-18-4EK-000019-00008.0
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: SH-RS
  • Living Area: 1540
  • Lot Dimensions: 51.5x180
Property and Assessments
  • Year Built Numeric: 1926
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 18
  • Public Survey Section: 36
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Public, Sewer Connected, Street Lights, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Wood Siding
  • Exterior Features: Fenced, Private Mailbox, Rain Gutters, Storage
  • Foundation Details: Crawlspace, Pillar/Post/Pier
  • Levels: One
  • Patio And Porch Features: Deck, Front Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 2
  • Appliances: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Luxury Vinyl, Tile, Wood
  • Heating: Central, Electric
  • Interior Features: Ceiling Fans(s), High Ceiling(s), Solid Wood Cabinets, Thermostat
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Blinds, Rods, Wood Frames
Multi Family
Multi-Family Information
  • Annual Net Income: $43,600.00
  • Gross Income: $55,000
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Heated Sq Ft 1: 770
  • Unit Type Number Of Units Occupied 1: 0
  • Unit Type Pro Forma 1: 2600
  • Unit Type Type 1: 1 Bed/1 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Heated Sq Ft 2: 770
  • Unit Type Pro Forma 2: 2600
  • Unit Type Type 2: 1 Bed/1 Bath
  • Unit Type Units Total 2: 1

Property History for 5901 North Ola Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5901 North Ola Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$4,198 ($350 / month)
Home Facts
Total Finished SqFt1,540 SqFtAbove Grade Finished SqFt1,540 SqFtStories1Lot Size9,270 SqFtStyleDuplexYear Built1926Year Renovated1993ZoningSH-RSCountyHILLSBOROUGHAPNA3628184EK000019000080Fireplace TypeHas Fireplace

Schools near 5901 North Ola Avenue

This home is within Hillsborough.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Seminole Elementary School
PublicPK to 5

Memorial Middle School
Public6 to 8

Hillsborough High School
Public9 to 12

Walton Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PINEYWOODS REALTY LLC, Ryan Chamblee

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 05/20/2024 10:23 AM