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406 S Cedar Ave #408
D- Composite 39.64
Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +10.3/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.5/10.0
  • Schools +4.2/10.0
  • Livability +4.0/5.0
  • DSCR +3.0/10.0
  • Rent growth +2.7/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$308,999

406 S Cedar Ave #408 · Tampa, FL 33606
2 bd · 2.0 ba · 836 sqft · Condo public records · 192 Days on market
Built 1963 $619/mo HOA · 19% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

One or more photo(s) has been virtually staged. Hyde Park Towers – A South Tampa Jewel | 2 Bedroom • 2 Bath • Water Views located just off Davis Island bridge and close walk to Downtown Tampa! THIS SELLER IS MOTIVATED! Newly installed in 2026: gorgeous QUARTZ countertops and backsplash in the kitchen, as well as updated quartz countertops and faucets in both en-suite bathrooms. This bright corner unit features 2 primary en-suite bedrooms and 2 full baths, offering water views from most windows and a partial water view from the fourth-floor balcony overlooking the pool and the bay toward the Davis Islands Bridge—perfect for enjoying Gasparilla and the waterfront atmosphere. The interior offers a comfortable split-bedroom layout, with both primary suites featuring their own en-suite baths, providing ideal privacy for guests or roommates. The primary bedroom boasts a huge walk-in closet leading to the en-suite bath with quartz countertops and a tub/shower combination. The second primary en-suite features additional end-unit windows for beautiful natural light, a spacious closet, and an en-suite bath with a walk-in shower. The unit includes an in-home washer and dryer, large sliders opening to the balcony, and newer windows and doors that fill the space with beautiful natural light. Hyde Park Towers offers resident parking ( unit has 2 reserved spots), abundant open street parking surrounding the building, a small on-site FITNESS center (NEWLY REMODELED), small community laundry, gracious inviting lobby, mail center , secured lobby entry & side doors for peace of mind, a refreshed pool area, exterior updates, and a recently completed roof. A charming Hyde Park-style grand entrance welcomes you home. Zoned for Gorrie Elementary, Wilson Middle, and Plant High School, this condo delivers walkability, convenience, and a true South Tampa lifestyle. Minutes from Downtown Tampa, the University of Tampa campus, Davis Islands, Amalie Arena for Lightning games, the Tampa Riverwalk, Sparkman Wharf, Armature Works, Hyde Park Village, and beautiful Bayshore Boulevard—perfectly positioned for both homeowners and investors seeking premier access to South Tampa’s best amenities. Call agent today to make this exceptional location your home or secure a strong investment opportunity.

Key facts

  • Split bedroom layout
  • Fourth floor balcony
  • $619 HOA

Tags

FOURTH FLOOR BALCONYSPLIT BEDROOM LAYOUTIN HOME WASHER AND DRYERNEWER WINDOWS AND DOORSRECENTLY COMPLETED ROOFCHARMING GRAND ENTRANCE

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath condo listed at $309k.

Deal economics

  • At list price, monthly cash flow is $-167 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $280k (9.5% below list).
  • Meets the 1% rule at list price ($3k rent vs $309k).
  • Recommended offer: $272k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 79/100 on livability (#142 in FL, #2,135 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: schools C-, crime D+.
  • Hillsborough (suburban): math 47% / reading 50% proficiency, ranked #41 of 73 in FL (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents flat; 202 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
  • This rent runs 32% of the median local income ($121k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Hillsborough County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 192 days — a 12% lower offer ($272k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts; this cycle's ask is 12780% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
  • Current owner paid $265k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $271,919 (12.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 192 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  3. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  9. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  10. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  11. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.05%
Cap rate
5.64%
Cash-on-cash
-2.32%
DSCR
0.90
GRM
7.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.68% rent growth · sell at horizon

5-year hold
IRR
-23.4%
Equity multiple
0.22×
Total profit
$-67,720
Equity at exit
$46,073
10-year hold
IRR
-28.9%
Equity multiple
-0.16×
Total profit
$-100,074
Equity at exit
$26,717

Cash invested: $86,520 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 33606

Rents YoY
0.7%
Active inventory
202
Price-to-rent
7.9×

Monthly cashflow live

Estimated rent
$3,259 high interval (Pro) →
Mortgage (P&I)
$1,620
Tax from tax record
$373 /mo · $4,481/yr
Insurance
$129
HOA
$619
Vacancy / Maint / Mgmt
$684
Net cashflow
$-167

Break-even live

Break-even rent $3,470
Max offer price $279,502
Occupancy floor

Sensitivity live

Price -10% $8 -5% $-80 +0% $-167 +5% $-254 +10% $-342
Rent -10% $-424 -5% $-296 +0% $-167 +5% $-38 +10% $90
Rate -1.0pp $-11 -0.5pp $-88 base $-167 +0.5pp $-247 +1.0pp $-328

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$77,250
Closing costs
$9,270
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
406 S Cedar Ave #403 Tampa, FL 2.0 2.0 912 $1,000 $1.10 25d 1 0.03mi
611 S Magnolia Ave Tampa, FL 2.0 1.0–2.0 767 $3,200 $4.17 0d 1 0.17mi
345 Bayshore Blvd Tampa, FL 1.0–2.0 1.0–2.0 933 $3,700 $3.96 4d 4 0.18mi
101 W Beach Pl Tampa, FL 2.0 1.0–2.0 847 $3,963 $4.68 0d 33 0.25mi
504 W Grand Central Ave Tampa, FL 3.0 1.0–2.0 1039 $3,740 $3.60 0d 23 0.28mi
1000 W Horatio St Tampa, FL 1.0–2.0 1.0–2.0 818 $2,800 $3.42 5d 2 0.34mi
830 W Kennedy Blvd Tampa, FL 2.0 1.0 759 $2,999 $3.95 25d 1 0.34mi
202 S Parker St Tampa, FL 1.0–3.0 1.0–2.0 1221 $3,650 $2.99 0d 32 0.36mi
101 Key Haven Ct #1 Tampa, FL 3.0 2.5 1113 $4,200 $3.77 0d 1 0.49mi
101 Haven Ct Tampa, FL 3.0 3.0 1113 $4,200 $3.77 4d 1 0.49mi
111 S Newport Ave Unit 15 Tampa, FL 1.0 1.0 700 $1,295 $1.85 25d 1 0.49mi
111 S Newport Ave Unit 18 Tampa, FL 2.0 1.0 875 $1,400 $1.60 25d 1 0.50mi
310 S Orleans Ave Unit 310A Tampa, FL 2.0 1.0 900 $1,950 $2.17 25d 1 0.52mi
310 S Orleans Ave Tampa, FL 2.0 1.0 1000 $2,260 $2.26 0d 1 0.53mi
1116 W Carmen St Tampa, FL 2.0 2.0 970 $3,199 $3.30 5d 1 0.70mi
1116 W Carmen St Tampa, FL 1.0 1.0 675 $2,349 $3.48 3d 1 0.70mi
800 S Dakota Ave #435 Tampa, FL 1.0 1.0 648 $2,725 $4.21 25d 1 0.70mi
220 E Madison St Tampa, FL 2.0–4.0 1.0–3.0 1019 $1,339 $1.31 25d 1 0.70mi
700 S Harbour Island Blvd Tampa, FL 1.0–2.0 1.0–2.0 1120 $3,950 $3.53 5d 5 0.71mi
700 S Harbour Island Blvd Tampa, FL 1.0–2.0 1.0–2.0 1120 $3,950 $3.53 3d 4 0.71mi
800 S Dakota Ave Tampa, FL 1.0–2.0 1.0–2.0 793 $2,725 $3.44 3d 2 0.72mi
777 N Ashley Dr Tampa, FL 1.0–2.0 1.0–2.0 906 $4,550 $5.02 5d 4 0.74mi
777 N Ashley Dr Tampa, FL 1.0–2.0 1.0–2.0 906 $4,550 $5.02 12d 7 0.74mi
1702 W Cleveland St Unit 1552707P Tampa, FL 2.0 2.0 1097 $3,414 $3.11 14d 1 0.75mi
1702 W Cleveland St Unit 1513961P Tampa, FL 2.0 2.0 1097 $3,511 $3.20 5d 1 0.75mi
1702 W Cleveland St Unit 1521834P Tampa, FL 2.0 2.0 1097 $4,317 $3.94 21d 1 0.75mi
1702 W Cleveland St Unit 1536884P Tampa, FL 2.0 2.0 1097 $3,937 $3.59 0d 1 0.75mi
300 W Tyler St Tampa, FL 3.0 1.0–2.0 1188 $5,593 $4.71 10d 54 0.75mi
84 Davis Blvd Tampa, FL 1.0–2.0 1.0–2.0 694 $3,290 $4.74 3d 3 0.76mi
1700 W Cleveland St Unit 1507050P Tampa, FL 2.0 2.0 1097 $4,404 $4.01 15d 1 0.76mi
1700 W Cleveland St Unit 1475281P Tampa, FL 2.0 2.0 1097 $4,067 $3.71 25d 1 0.76mi
1700 W Cleveland St Unit 1475275P Tampa, FL 2.0 2.0 1097 $4,038 $3.68 13d 1 0.76mi
158 W Tyler St Unit 3 Tampa, FL 1.0 1.0 809 $2,540 $3.14 25d 1 0.77mi
301 Harbour Place Dr Tampa, FL 3.0 1.0–2.0 1108 $4,217 $3.80 0d 29 0.79mi
800 Harbour Post Dr Tampa, FL 3.0 1.0–2.0 1001 $3,617 $3.61 0d 29 0.80mi
608 N Willow Ave Tampa, FL 2.0 1.0–2.0 782 $3,128 $4.00 0d 11 0.80mi
808 N Franklin St Tampa, FL 1.0–2.0 1.0–2.5 1390 $7,995 $5.75 0d 27 0.81mi
160 W Tyler St Tampa, FL 1.0–2.0 1.0–2.0 980 $3,972 $4.05 0d 10 0.82mi
501 Knights Run Ave Tampa, FL 1.0–2.0 1.0–2.0 1014 $3,300 $3.25 5d 2 0.87mi
401 N Rome Ave Tampa, FL 1.0–3.0 1.0–3.0 980 $3,139 $3.20 2d 57 0.87mi

HOA detail condo

Monthly dues
$619 · $7,428/yr
Likely covers
watergaspoolgym
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 15 events

  1. 2026-05-07
    price $308,999 2343-char remark
    Show marketing remark (2343 chars)

    One or more photo(s) has been virtually staged. Hyde Park Towers – A South Tampa Jewel | 2 Bedroom • 2 Bath • Water Views located just off Davis Island bridge and close walk to Downtown Tampa! THIS SELLER IS MOTIVATED! Newly installed in 2026: gorgeous QUARTZ countertops and backsplash in the kitchen, as well as updated quartz countertops and faucets in both en-suite bathrooms. This bright corner unit features 2 primary en-suite bedrooms and 2 full baths, offering water views from most windows and a partial water view from the fourth-floor balcony overlooking the pool and the bay toward the Davis Islands Bridge—perfect for enjoying Gasparilla and the waterfront atmosphere. The interior offers a comfortable split-bedroom layout, with both primary suites featuring their own en-suite baths, providing ideal privacy for guests or roommates. The primary bedroom boasts a huge walk-in closet leading to the en-suite bath with quartz countertops and a tub/shower combination. The second primary en-suite features additional end-unit windows for beautiful natural light, a spacious closet, and an en-suite bath with a walk-in shower. The unit includes an in-home washer and dryer, large sliders opening to the balcony, and newer windows and doors that fill the space with beautiful natural light. Hyde Park Towers offers resident parking ( unit has 2 reserved spots), abundant open street parking surrounding the building, a small on-site FITNESS center (NEWLY REMODELED), small community laundry, gracious inviting lobby, mail center , secured lobby entry & side doors for peace of mind, a refreshed pool area, exterior updates, and a recently completed roof. A charming Hyde Park-style grand entrance welcomes you home. Zoned for Gorrie Elementary, Wilson Middle, and Plant High School, this condo delivers walkability, convenience, and a true South Tampa lifestyle. Minutes from Downtown Tampa, the University of Tampa campus, Davis Islands, Amalie Arena for Lightning games, the Tampa Riverwalk, Sparkman Wharf, Armature Works, Hyde Park Village, and beautiful Bayshore Boulevard—perfectly positioned for both homeowners and investors seeking premier access to South Tampa’s best amenities. Call agent today to make this exceptional location your home or secure a strong investment opportunity.

  2. 2026-04-02
    price $2,399
  3. 2026-03-11
    price $2,100
  4. 2026-03-10
    price $309,000 2343-char remark
    Show marketing remark (2343 chars)

    One or more photo(s) has been virtually staged. Hyde Park Towers – A South Tampa Jewel | 2 Bedroom • 2 Bath • Water Views located just off Davis Island bridge and close walk to Downtown Tampa! THIS SELLER IS MOTIVATED! Newly installed in 2026: gorgeous QUARTZ countertops and backsplash in the kitchen, as well as updated quartz countertops and faucets in both en-suite bathrooms. This bright corner unit features 2 primary en-suite bedrooms and 2 full baths, offering water views from most windows and a partial water view from the fourth-floor balcony overlooking the pool and the bay toward the Davis Islands Bridge—perfect for enjoying Gasparilla and the waterfront atmosphere. The interior offers a comfortable split-bedroom layout, with both primary suites featuring their own en-suite baths, providing ideal privacy for guests or roommates. The primary bedroom boasts a huge walk-in closet leading to the en-suite bath with quartz countertops and a tub/shower combination. The second primary en-suite features additional end-unit windows for beautiful natural light, a spacious closet, and an en-suite bath with a walk-in shower. The unit includes an in-home washer and dryer, large sliders opening to the balcony, and newer windows and doors that fill the space with beautiful natural light. Hyde Park Towers offers resident parking ( unit has 2 reserved spots), abundant open street parking surrounding the building, a small on-site FITNESS center (NEWLY REMODELED), small community laundry, gracious inviting lobby, mail center , secured lobby entry & side doors for peace of mind, a refreshed pool area, exterior updates, and a recently completed roof. A charming Hyde Park-style grand entrance welcomes you home. Zoned for Gorrie Elementary, Wilson Middle, and Plant High School, this condo delivers walkability, convenience, and a true South Tampa lifestyle. Minutes from Downtown Tampa, the University of Tampa campus, Davis Islands, Amalie Arena for Lightning games, the Tampa Riverwalk, Sparkman Wharf, Armature Works, Hyde Park Village, and beautiful Bayshore Boulevard—perfectly positioned for both homeowners and investors seeking premier access to South Tampa’s best amenities. Call agent today to make this exceptional location your home or secure a strong investment opportunity.

  5. 2026-02-17
    price $2,199
  6. 2026-02-16
    price $319,000 2343-char remark
    Show marketing remark (2343 chars)

    One or more photo(s) has been virtually staged. Hyde Park Towers – A South Tampa Jewel | 2 Bedroom • 2 Bath • Water Views located just off Davis Island bridge and close walk to Downtown Tampa! THIS SELLER IS MOTIVATED! Newly installed in 2026: gorgeous QUARTZ countertops and backsplash in the kitchen, as well as updated quartz countertops and faucets in both en-suite bathrooms. This bright corner unit features 2 primary en-suite bedrooms and 2 full baths, offering water views from most windows and a partial water view from the fourth-floor balcony overlooking the pool and the bay toward the Davis Islands Bridge—perfect for enjoying Gasparilla and the waterfront atmosphere. The interior offers a comfortable split-bedroom layout, with both primary suites featuring their own en-suite baths, providing ideal privacy for guests or roommates. The primary bedroom boasts a huge walk-in closet leading to the en-suite bath with quartz countertops and a tub/shower combination. The second primary en-suite features additional end-unit windows for beautiful natural light, a spacious closet, and an en-suite bath with a walk-in shower. The unit includes an in-home washer and dryer, large sliders opening to the balcony, and newer windows and doors that fill the space with beautiful natural light. Hyde Park Towers offers resident parking ( unit has 2 reserved spots), abundant open street parking surrounding the building, a small on-site FITNESS center (NEWLY REMODELED), small community laundry, gracious inviting lobby, mail center , secured lobby entry & side doors for peace of mind, a refreshed pool area, exterior updates, and a recently completed roof. A charming Hyde Park-style grand entrance welcomes you home. Zoned for Gorrie Elementary, Wilson Middle, and Plant High School, this condo delivers walkability, convenience, and a true South Tampa lifestyle. Minutes from Downtown Tampa, the University of Tampa campus, Davis Islands, Amalie Arena for Lightning games, the Tampa Riverwalk, Sparkman Wharf, Armature Works, Hyde Park Village, and beautiful Bayshore Boulevard—perfectly positioned for both homeowners and investors seeking premier access to South Tampa’s best amenities. Call agent today to make this exceptional location your home or secure a strong investment opportunity.

  7. 2026-01-17
    listed $2,399
  8. 2026-01-15
    price $324,999 2343-char remark
    Show marketing remark (2343 chars)

    One or more photo(s) has been virtually staged. Hyde Park Towers – A South Tampa Jewel | 2 Bedroom • 2 Bath • Water Views located just off Davis Island bridge and close walk to Downtown Tampa! THIS SELLER IS MOTIVATED! Newly installed in 2026: gorgeous QUARTZ countertops and backsplash in the kitchen, as well as updated quartz countertops and faucets in both en-suite bathrooms. This bright corner unit features 2 primary en-suite bedrooms and 2 full baths, offering water views from most windows and a partial water view from the fourth-floor balcony overlooking the pool and the bay toward the Davis Islands Bridge—perfect for enjoying Gasparilla and the waterfront atmosphere. The interior offers a comfortable split-bedroom layout, with both primary suites featuring their own en-suite baths, providing ideal privacy for guests or roommates. The primary bedroom boasts a huge walk-in closet leading to the en-suite bath with quartz countertops and a tub/shower combination. The second primary en-suite features additional end-unit windows for beautiful natural light, a spacious closet, and an en-suite bath with a walk-in shower. The unit includes an in-home washer and dryer, large sliders opening to the balcony, and newer windows and doors that fill the space with beautiful natural light. Hyde Park Towers offers resident parking ( unit has 2 reserved spots), abundant open street parking surrounding the building, a small on-site FITNESS center (NEWLY REMODELED), small community laundry, gracious inviting lobby, mail center , secured lobby entry & side doors for peace of mind, a refreshed pool area, exterior updates, and a recently completed roof. A charming Hyde Park-style grand entrance welcomes you home. Zoned for Gorrie Elementary, Wilson Middle, and Plant High School, this condo delivers walkability, convenience, and a true South Tampa lifestyle. Minutes from Downtown Tampa, the University of Tampa campus, Davis Islands, Amalie Arena for Lightning games, the Tampa Riverwalk, Sparkman Wharf, Armature Works, Hyde Park Village, and beautiful Bayshore Boulevard—perfectly positioned for both homeowners and investors seeking premier access to South Tampa’s best amenities. Call agent today to make this exceptional location your home or secure a strong investment opportunity.

  9. 2025-11-16
    status Active 2343-char remark
    Show marketing remark (2343 chars)

    One or more photo(s) has been virtually staged. Hyde Park Towers – A South Tampa Jewel | 2 Bedroom • 2 Bath • Water Views located just off Davis Island bridge and close walk to Downtown Tampa! THIS SELLER IS MOTIVATED! Newly installed in 2026: gorgeous QUARTZ countertops and backsplash in the kitchen, as well as updated quartz countertops and faucets in both en-suite bathrooms. This bright corner unit features 2 primary en-suite bedrooms and 2 full baths, offering water views from most windows and a partial water view from the fourth-floor balcony overlooking the pool and the bay toward the Davis Islands Bridge—perfect for enjoying Gasparilla and the waterfront atmosphere. The interior offers a comfortable split-bedroom layout, with both primary suites featuring their own en-suite baths, providing ideal privacy for guests or roommates. The primary bedroom boasts a huge walk-in closet leading to the en-suite bath with quartz countertops and a tub/shower combination. The second primary en-suite features additional end-unit windows for beautiful natural light, a spacious closet, and an en-suite bath with a walk-in shower. The unit includes an in-home washer and dryer, large sliders opening to the balcony, and newer windows and doors that fill the space with beautiful natural light. Hyde Park Towers offers resident parking ( unit has 2 reserved spots), abundant open street parking surrounding the building, a small on-site FITNESS center (NEWLY REMODELED), small community laundry, gracious inviting lobby, mail center , secured lobby entry & side doors for peace of mind, a refreshed pool area, exterior updates, and a recently completed roof. A charming Hyde Park-style grand entrance welcomes you home. Zoned for Gorrie Elementary, Wilson Middle, and Plant High School, this condo delivers walkability, convenience, and a true South Tampa lifestyle. Minutes from Downtown Tampa, the University of Tampa campus, Davis Islands, Amalie Arena for Lightning games, the Tampa Riverwalk, Sparkman Wharf, Armature Works, Hyde Park Village, and beautiful Bayshore Boulevard—perfectly positioned for both homeowners and investors seeking premier access to South Tampa’s best amenities. Call agent today to make this exceptional location your home or secure a strong investment opportunity.

  10. 2025-11-16
    historical 2343-char remark
    Show marketing remark (2343 chars)

    One or more photo(s) has been virtually staged. Hyde Park Towers – A South Tampa Jewel | 2 Bedroom • 2 Bath • Water Views located just off Davis Island bridge and close walk to Downtown Tampa! THIS SELLER IS MOTIVATED! Newly installed in 2026: gorgeous QUARTZ countertops and backsplash in the kitchen, as well as updated quartz countertops and faucets in both en-suite bathrooms. This bright corner unit features 2 primary en-suite bedrooms and 2 full baths, offering water views from most windows and a partial water view from the fourth-floor balcony overlooking the pool and the bay toward the Davis Islands Bridge—perfect for enjoying Gasparilla and the waterfront atmosphere. The interior offers a comfortable split-bedroom layout, with both primary suites featuring their own en-suite baths, providing ideal privacy for guests or roommates. The primary bedroom boasts a huge walk-in closet leading to the en-suite bath with quartz countertops and a tub/shower combination. The second primary en-suite features additional end-unit windows for beautiful natural light, a spacious closet, and an en-suite bath with a walk-in shower. The unit includes an in-home washer and dryer, large sliders opening to the balcony, and newer windows and doors that fill the space with beautiful natural light. Hyde Park Towers offers resident parking ( unit has 2 reserved spots), abundant open street parking surrounding the building, a small on-site FITNESS center (NEWLY REMODELED), small community laundry, gracious inviting lobby, mail center , secured lobby entry & side doors for peace of mind, a refreshed pool area, exterior updates, and a recently completed roof. A charming Hyde Park-style grand entrance welcomes you home. Zoned for Gorrie Elementary, Wilson Middle, and Plant High School, this condo delivers walkability, convenience, and a true South Tampa lifestyle. Minutes from Downtown Tampa, the University of Tampa campus, Davis Islands, Amalie Arena for Lightning games, the Tampa Riverwalk, Sparkman Wharf, Armature Works, Hyde Park Village, and beautiful Bayshore Boulevard—perfectly positioned for both homeowners and investors seeking premier access to South Tampa’s best amenities. Call agent today to make this exceptional location your home or secure a strong investment opportunity.

  11. 2025-11-15
    listed $328,000 Active 2343-char remark
    Show marketing remark (2343 chars)

    One or more photo(s) has been virtually staged. Hyde Park Towers – A South Tampa Jewel | 2 Bedroom • 2 Bath • Water Views located just off Davis Island bridge and close walk to Downtown Tampa! THIS SELLER IS MOTIVATED! Newly installed in 2026: gorgeous QUARTZ countertops and backsplash in the kitchen, as well as updated quartz countertops and faucets in both en-suite bathrooms. This bright corner unit features 2 primary en-suite bedrooms and 2 full baths, offering water views from most windows and a partial water view from the fourth-floor balcony overlooking the pool and the bay toward the Davis Islands Bridge—perfect for enjoying Gasparilla and the waterfront atmosphere. The interior offers a comfortable split-bedroom layout, with both primary suites featuring their own en-suite baths, providing ideal privacy for guests or roommates. The primary bedroom boasts a huge walk-in closet leading to the en-suite bath with quartz countertops and a tub/shower combination. The second primary en-suite features additional end-unit windows for beautiful natural light, a spacious closet, and an en-suite bath with a walk-in shower. The unit includes an in-home washer and dryer, large sliders opening to the balcony, and newer windows and doors that fill the space with beautiful natural light. Hyde Park Towers offers resident parking ( unit has 2 reserved spots), abundant open street parking surrounding the building, a small on-site FITNESS center (NEWLY REMODELED), small community laundry, gracious inviting lobby, mail center , secured lobby entry & side doors for peace of mind, a refreshed pool area, exterior updates, and a recently completed roof. A charming Hyde Park-style grand entrance welcomes you home. Zoned for Gorrie Elementary, Wilson Middle, and Plant High School, this condo delivers walkability, convenience, and a true South Tampa lifestyle. Minutes from Downtown Tampa, the University of Tampa campus, Davis Islands, Amalie Arena for Lightning games, the Tampa Riverwalk, Sparkman Wharf, Armature Works, Hyde Park Village, and beautiful Bayshore Boulevard—perfectly positioned for both homeowners and investors seeking premier access to South Tampa’s best amenities. Call agent today to make this exceptional location your home or secure a strong investment opportunity.

  12. 2007-04-13
    soldstatus $265,000
  13. 2006-12-22
    soldstatus $184,900
  14. 2004-07-22
    soldstatus $2,622,700
  15. 1994-05-25
    soldstatus $1,150,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$4,481 · $373/mo
Projected year-2 tax
$4,481 · $373/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 12% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 27 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$39,108
− Mortgage interest
−$17,309
− Property taxes
−$4,481
− Insurance
−$1,545
− Repairs & maintenance
−$3,129
− Management
−$3,129
− HOA
−$7,428
− Depreciation
−$8,989
Taxable loss
−$6,901
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,656
After-tax cash flow
$-347/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Hillsborough
NCES district ID
1200870
Math proficiency
47% ▼ -8.00%
Reading proficiency
50% ▼ -4.00%
Median HH income
$50,622
Composite
41.6/100
National rank
#3435
State rank
#41 of 73 in FL

Livability — Tampa

Score
79/100
State rank
#142
US rank
#2135

Category grades

Amenities B- Commute A+ Cost of living B Crime D+ Employment C Housing A+ Health & safety A+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Tampa, FL
County
Hillsborough County · 1,540,968 people
City population
523,346
Metro
Tampa-St. Petersburg-Clearwater, FL
Population (ZIP)
24,570
Household income
$120,729
Rent vs Own
56.1% rent · 43.9% own
Severe rent burden
1088.0

Population outlook (Hillsborough County) Hauer SSP2

Today (2025)
1,607,022 people
By 2030
1,733,968 · +7.9%
By 2040
1,979,565 · +23.2%
By 2050
2,203,427 · +37.1%
By 2075
2,667,893 · +66.0%
By 2100
2,891,558 · +79.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (73%)
Race & ethnicity
White 73% Hispanic / Latino 14% Two or more races 11% Black 4% Asian 3%
Hispanic origin (detail)
Mexican 3% Puerto Rican 4% Cuban 2%
Common ancestry
Romanian 5% Lithuanian 3% Slovak 2%
Foreign-born
12% · Canada, Dominican Republic, Jamaica
Languages at home
83% English-only · Spanish 10% Other Indo-European 2% Russian/Polish/Slavic 1%

Political lean MEDSL · Hillsborough

2024 margin
Toss-up / Even · D 47.8% · R 50.9% · Other 1.3%
2008→2024 swing
-10.2pp toward R · 2008: 7.1pp · 2024: -3.1pp
All cycles
2024: R+3.1 2020: D+6.9 2016: D+6.8 2012: D+6.7 2008: D+7.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -482.73%
Current HPI
381.2858
Rent YoY
▲ 0.68%
Metro
Tampa-St. Petersburg-Clearwater, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

-73.1% since first listed
15 events — show timeline
  • 2026-05-07 Price Changed $308,999 Stellar MLS as Distributed by MLS Grid
  • 2026-04-02 Price Changed $2,399 STELLARMLS
  • 2026-03-11 Price Changed $2,100 STELLARMLS
  • 2026-03-10 Price Changed $309,000 Stellar MLS as Distributed by MLS Grid
  • 2026-02-17 Price Changed $2,199 STELLARMLS
  • 2026-02-16 Price Changed $319,000 Stellar MLS as Distributed by MLS Grid
  • 2026-01-17 Listed for Rent $2,399 STELLARMLS
  • 2026-01-15 Price Changed $324,999 Stellar MLS as Distributed by MLS Grid
  • 2025-11-16 Relisted Stellar MLS as Distributed by MLS Grid
  • 2025-11-16 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2025-11-15 Listed $328,000 Stellar MLS as Distributed by MLS Grid
  • 2007-04-13 Sold (Public Records) $265,000 Public Records
  • 2006-12-22 Sold (Public Records) $184,900 Public Records
  • 2004-07-22 Sold (Public Records) $2,622,700 Public Records
  • 1994-05-25 Sold (Public Records) $1,150,000 Public Records

Property tax history

+11.5%/yr

Latest (2025): $4,481 · +10.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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