501 Knights Run Ave APT 2214, Tampa, FL, 33602 | $349/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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501 Knights Run Ave APT 2214, Tampa, FL, 33602 | $349/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Tampa at 501 Knights Run Ave APT 2214, Tampa, FL, 33602 uses $109,395 cash to close to unlock $4,191/yr annual cash flow and $349/mo monthly cash flow. Total monthly income runs $3,034/mo, and a $1,615/mo payment keeps the spread at $349/mo. Purchase price stands at $330,000, and rental yield measures 11.03% with $3,034/mo rent. Return on cash invested shows 23.74% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 125.97% and total cumulative return in cash records $137,807. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,034/mo property income covering a $1,615/mo payment rather than investor’s personal income.

Condo

Built in 1998

N/A lot

$N/A/sqft

$495 monthly HOA

More details about the property

1-Bedroom Condo in Harbor Place City Homes Prime Downtown Tampa Location Welcome to Harbour Place City Homes, where convenience meets modern living in the heart of Tampa! This stylish 1-bedroom, 1-bathroom condo offers the perfect blend of comfort and urban accessibility, just minutes from downtown and minutes to Amalie Arena, home of the Tampa Bay Lightning! Step inside to discover an open-concept living space with abundant natural light, contemporary finishes, and a spacious layout designed for both relaxation and entertaining. The updated kitchen features sleek cabinetry, stainless steel appliances, and ample counter space, perfect for home chefs. The cozy bedroom includes a walk-in closet, while the bathroom boasts modern fixtures and a spa-like atmosphere. Harbor Place City Homes offers resort-style amenities, including a sparkling swimming pool, fitness center, clubhouse, and secure gated entry. Enjoy the best of Tampas vibrant lifestyle, with the citys top restaurants, bars, shopping, and waterfront parks just moments away. Whether youre catching a game at Amalie Arena, exploring the Riverwalk, or experiencing downtowns nightlife, this location truly has it all. Dont miss this opportunity to own a prime piece of Tampa real estateschedule your private showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 33602, Tampa, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,647 (100%)
Owner Occupied HU	3,492 (22.3%)
Renter Occupied HU	10,231 (65.4%)
Vacant Housing Units	1,924 (12.3%)
Median Home Value	$593,952
Average Home Value	$658,703

Housing Distribution

Address Breakdown

Residential

13,371

Single Family

2,617

Multi-Family

10,754

Businesses

1,390

Price History

Date	Event	Price
2025-01-23	Listed for sale	$330,000

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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501 Knights Run Ave APT 1335, Tampa, FL, 33602

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 1998
Architectural Style: N/A
Building Area: 784
Living Area: 784 sqft
Property Condition: N/A

Features & Amenities

Heating: Central
Cooling: Central Air
Flooring: Ceramic Tile, Laminate, Hardwood
Interior Features: Ceiling Fan(s), Crown Molding, Walk-In Closet(s)
Exterior Features: French Doors
Parking Features: Assigned, Underground

Location

City: Tampa
State: FL
Subdivision: Harbour Place City Homes A Condominium
Lot Size: N/A
Lot Features: City Lot, Near Public Transit
View: N/A

HOA & Fees

HOA Fee: $495 monthly
Association Fee: $495 monthly
Fees & Dues: N/A
Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated
Association Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Sewer, Trash

Utilities

Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected
Sewer: Public Sewer
Water Source: Public
Road Surface Type: Paved

School Information

Elementary School: Gorrie-HB
Middle School: Wilson-HB
High School: Plant-HB

Listed by: Diana Pomarico PA • PALERMO REAL ESTATE PROF. INC.

Mls Name: Stellar MLS

Mls Provider: Mls

Mls ID: #TB8341362

Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511

501 Knights Run Ave APT 2214,Tampa,FL,33602

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

501 Knights Run Ave APT 2214TampaFL33602