715 PAPAYA DRIVE, TAMPA, Hillsborough, Residential – MLS #TB8562902
Welcome home to this beautifully updated 4-bedroom, 2-bathroom single-family home…
$350,000
Residential
$394,900
An exceptional income-generating property offering total privacy! Welcome to this unique and incredibly versatile 4-bedroom, 3-bathroom residence located in a highly sought-after area of ??Tampa. Situated on a spacious 5,406-square-foot lot and built with solid block construction, this property offers the perfect blend of durability, modern comfort, and truly exceptional financial performance.
The property features 1,348 square feet of living space and significant structural upgrades that ensure peace of mind, including a recent roof and a modern water heater. Upon entering, you are greeted by an impeccable layout enhanced by beautiful, modern luxury tile flooring throughout. The main living area consists of two comfortable bedrooms, a full bathroom, a cozy living room, a dining area, and a functional kitchen—ready for daily use—equipped with modern cabinetry, stainless steel appliances, and quartz countertops.
The outdoor space is designed to make the most of the Florida climate: enjoy a spacious, screened-in covered patio featuring a fabulous luxury outdoor kitchen with tile finishes and an integrated laundry area—ideal for outdoor gatherings. The property includes a large yard with generous side access, fully enclosed by a PVC fence that ensures maximum security, privacy, and absolute peace of mind.
The property’s standout feature is its impressive setup for generating multiple income streams. It includes two suites completely independent from the main house—each with its own private entrance, bedroom, full bathroom, and kitchen—generating $1,100 month each. Additionally, a fully equipped RV located in the yard is currently rented for $900 month.The RV is not included in the sale of the property, but the owner is interested in selling it.This brings the total monthly income to $3,100—an ideal figure to cover the mortgage and immediately boost your return on investment—while allowing you to live comfortably in a space featuring 2 bedrooms, 1 bathroom, a kitchen, a living and dining area, plus the spacious yard and the patio/terrace with all the aforementioned amenities. Strategically located just minutes from Ybor City, downtown Tampa, and Seminole Heights, with quick access to I-4 and I-275. A unique market opportunity with unmatched financial potential. No HOA or CDD fees, ensuring low fixed costs and complete freedom of use.
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MLS updated 2026-10-29. Fees are reported by MLS; confirm current charges with the association.
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