Bought with LPT REALTY, LLC
$390,000
$399,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
5 Baths
1,238 SqFt
SOLD DATE : 08/27/2025
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,238 sqft
Price per Sqft $315
Subdivision Gandy Gardens 1
MLS Listing ID TB8411149
Sold Date 08/27/25
Bedrooms 5
Construction Status Completed
HOA Y/N No
Year Built 1954
Annual Tax Amount $4,232
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 63x96
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
Fully renovated and income-ready, 4737 W Oklahoma Ave is a rare 5-bedroom, 4-bathroom co-living investment opportunity located in an established South Tampa neighborhood surrounded by modern development, new construction, and long-term homeowner pride. The home has been extensively updated with new electrical, plumbing, HVAC, a modern kitchen and bathrooms, and includes a spacious detached 2+ car utility garage — making this a truly turn-key asset for the right investor.
The layout is ideal for PadSplit or room-by-room rental, featuring a mix of private and shared bathrooms that support premium per-room rates. With projected gross income exceeding $5,400 per month and Tampa's co-living market maintaining 95% average occupancy, this property will offer table and consistent cash flow.
PadSplit renters are typically working professionals in essential industries — healthcare, hospitality, delivery, retail, and skilled trades — who seek affordable, furnished housing with flexible terms. PadSplit offers weekly rent payments, no security deposit, and all-inclusive utilities, making it a high-demand solution for tenants and a stable, low-vacancy investment for landlords.
Ideally situated near Marina Pointe, Westshore Marina District, MacDill Air Force Base, and just minutes to Tampa International Airport, downtown, and Gulf beaches, this location provides strong tenant demand and long-term value. Whether you're building your portfolio or starting out in real estate investing, this property delivers immediate income and long-term upside in one of Tampa's most desirable urban neighborhoods.
Location
State FL
County Hillsborough
Community Gandy Gardens 1
Area 33616 - Tampa
Zoning RS-60
Interior
Interior Features Eat-in Kitchen, Split Bedroom
Heating Electric
Cooling Central Air
Flooring Vinyl
Fireplace false
Appliance Electric Water Heater, Refrigerator
Laundry Common Area, Electric Dryer Hookup, In Kitchen, Washer Hookup
Exterior
Exterior Feature Fence, Sidewalk, Storage
Parking Features Covered, Driveway, Guest, On Street, Oversized, Parking Pad, Workshop in Garage
Garage Spaces 2.0
Utilities Available Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected
Roof Type Shingle
Attached Garage false
Garage true
Private Pool No
Building
Entry Level One
Foundation Block
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Construction Status Completed
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Other, Special Funding
Listing Terms Cash, Other, Special Funding
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Looking to buy, sell, or rent a property? Fill out the form with a few details about your goals, and our expert team will get back to you with insights and options to help you take the next step. Your dream home or investment is just a click away!