6308 Mosswood Drive
6308 Mosswood Drive
$438,000
5
3
1,533
1,533
$286
Virtual Tour
Description
You do not want to miss this investment opportunity! Calling all short-term rental investors! This property is a cash cow. This updated home features extensive 2023 renovations totaling over 100k. The main residence is a 3/1 and there are 2 additional 1/1 units on the property. It includes a 2-car garage, laundry/storage room, screened porch, front porch, and a rear porch. Enjoy a newly resurfaced pool with added features such as a new pump, light, ladder, filter, and motor. The property boasts a...You do not want to miss this investment opportunity! Calling all short-term rental investors! This property is a cash cow. This updated home features extensive 2023 renovations totaling over 100k. The main residence is a 3/1 and there are 2 additional 1/1 units on the property. It includes a 2-car garage, laundry/storage room, screened porch, front porch, and a rear porch. Enjoy a newly resurfaced pool with added features such as a new pump, light, ladder, filter, and motor. The property boasts a new septic system and drain field, new central AC in the main residence, and 2 new mini splits in the additional units. The residence showcases updated kitchen and bathrooms, all new flooring, and fresh interior and exterior paint. A new water heater and appliances, with the exception of two fridges, add to the home's modern appeal. Outside, the landscaping includes newly planted palms, creating a serene atmosphere. Perfect for entertaining, this property operates as an active short-term rental known as the "Palm Oasis" on Airbnb. An ideal turnkey investment for instant profit. This property produced $82,812.91 this past year. This does not include the value-add components. The owner had the rental turned off for a third for the year due to renovations and a lengthy transaction that ended up falling through. Also, the side unit (full kitchen, bathroom, small living space, 1 bedroom) has never been rented and sits vacant. This gives the next investor more room to capitalize. According to rentometer the average rent in the area is $1472 for a 1/1 which would make this property produce at least 100k+ gross revenue. For added potential, consider converting the garage into a game room or more living space, allowing the property to accommodate 15-20 guests. Currently, it sleeps 12-15. The value-add possibilities are endless! Home comes fully furnished inside and out. Situated just 15 minutes from downtown Tampa and less than 10 minutes from the Mid Florida Amphitheater and Hard Rock Casino, the location strikes a balance between city convenience and rural tranquility. Showings are available by appointment only. Cash only.
- Listed by D.J. Brooks • OUT FAST REALTY & INVESTMENTS
Property Details for 6308 Mosswood Drive
Subdivision Name
UNPLATTED
Township28
Garage Spaces2
WaterfrontNo
Location
LISTING UPDATED: 04/12/2024 03:35 PM
Property Details for 6308 Mosswood Drive
Status | Active |
---|---|
MLS # | T3492073 |
Days on Market | 63 |
Taxes | $2,366 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1962 |
Lot Size | 0.29 AC / 12,632 SF |
County | Hillsborough County |
Location
Virtual Tour
Building Information for 6308 Mosswood Drive
Stories1Year Built1962Building Size-Lot Size0.29 AC / 12,632 SF
Payment Calculator
$2,588 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 6308 Mosswood Drive
Property History for 6308 Mosswood Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 6308 Mosswood Drive
Taxable ValueLand$33,206Additions$89,478Total$122,684
Tax Record2023$2,590 ($216 / month)
Home Facts
Beds1Total Finished SqFt880 SqFtAbove Grade Finished SqFt880 SqFtStories1Lot Size12,632 SqFtStyleSingle Family ResidenceYear Built1962Year Renovated1992ZoningAS-1CountyHILLSBOROUGHAPNU282820ZZZ000002222100
Schools near 6308 Mosswood Drive
This home is within Hillsborough.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 12 |
Rating | School | Distance |
---|---|---|
Mcdonald Elementary School PublicPK to 5 | ||
Jennings Middle School Public6 to 8 | ||
Armwood High School Public9 to 12 | ||
The Spring PublicPK to 12 |
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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