2801 W CLEVELAND STREET, TAMPA, FL, 33609
Active113 days on marketListed Apr 24, 2026MLS #TB8501615
About this home
2801 W CLEVELAND STREET
*Being sold along with neighboring corner-lot property, 114 S Bungalow Park Ave* Attention Developers, Investors, and Savvy Owner Occupants: Rare opportunity to acquire a multifamily-zoned parcel with an existing duplex in one of South Tampa’s most centrally located and fastest growing corridors, just minutes from Hyde Park, Midtown, and Downtown Tampa. The owner’s retirement presents a unique chance to secure a 6,150 sq ft (0.14 acre) RM-16 lot with significant value-add and redevelopment potential in a proven townhome corridor. So what makes this one so special? 1) Existing side-by-side duplex totaling 1,002 heated sq ft, with two 1 bed / 1 bath units. 2) The units require renovation and TLC. Latest improvements from recent years include plumbing completely redone in 2024 and a roof less than 5 years old. A/C is provided via wall units. 3) Large yard / lot footprint at 6,150 sq, enhancing future tenant appeal and providing additional flexibility for future design and redevelopment. 4) Development upside: RM-16 zoning supports multifamily redevelopment. Based on lot size and location, strong potential for future townhome development. 5) Corner lot positioning, enhancing access, design flexibility, and end-product desirability. 6) Prime South Tampa location, located within the highly sought-after Mitchell-Wilson-Plant school district and minutes from Hyde Park Village, Midtown, Downtown Tampa, and Howard Ave. Easy access to I-275, Tampa International Airport, and the University of Tampa. Additional opportunity: Seller is also offering the neighboring parcel at 114 S Bungalow Park Ave. Purchase both properties together for a combined 12,300 sq ft of land and 5 total units, maximizing development scale, layout flexibility, and long-term upside. Whether you're looking to renovate and reposition for long-term cash flow, or redevelop into a high-end product, opportunities like this in core South Tampa are increasingly rare. Easy to show. No HOA/CDD. Arborist Reports, MLS info sheets and property disclosures available. No assignable contracts accepted.
Facts & features
The home at a glance
2
Bedrooms
1,002
Sqft
0.14 ac
Lot size
1951
Year built
$424
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,358 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,358/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Tampa actives
$424 vs $301
Days on market
113 vs 43 typical
Where $424/sqft sits among the 400 Tampa actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Palma Ceia Pines
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Tampa. See the full Tampa guide →
Palma Ceia Pines — neighborhood snapshot
Population
3,655
Median age
39
Median income
$86,315
Median home value
$538,184
Avg household
2
Households w/ children
519
For the school run
Hillsborough County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Tampa market
$413K → $430K
Tampa median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
226 of 400
Tampa actives have cut their price
Median sold price, Tampa, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 4% below the TAMPA 33609 median. See the full Tampa market guide →
Paper trail
This home's history
Reality check
What actually sold near 2801 W CLEVELAND STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$245,000
2218 SOUTHWEST ROAD · same community
3 bd · 2 ba · 1,452 sqft · $169/sqft · 10 DOM
Sold · Jun ’26$570,000
309 S HABANA AVENUE UNIT B · same community
2 bd · 2.5 ba · 1,588 sqft · $359/sqft · 2 DOM
Sold · Sep ’25$730,000
103 S HABANA AVENUE · same community
5 bd · 3 ba · 2,464 sqft · $296/sqft · 142 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 2801 W CLEVELAND STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2801 W CLEVELAND STREET — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
2801 W CLEVELAND STREET FAQs
What would the monthly payment be for 2801 W CLEVELAND STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,358/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 2801 W CLEVELAND STREET?+
The most recent tax bill on record (2025) was $6,101. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Tampa?+
At $425,000, this home is listed about 6% below the Tampa median of $449,900. The market section on this page shows how the area is trending.
Which schools are assigned to 2801 W CLEVELAND STREET?+
Grady Elementary School (elementary), Plant High School (high), Coleman Middle School (middle), Patricia Sullivan Metropolitan Ministries Partnership School (elementary) — Hillsborough County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the TAMPA 33609 market on paper
$425,000 is 4% below the TAMPA 33609 median of $444,000.
02Time on market is leverage
113 days on market against a Tampa median of 43 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Grady Elementary School, Plant High School, Coleman Middle School, Patricia Sullivan Metropolitan Ministries Partnership School — Grady Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of RICHARD PETERS REALTY LLC · Alexander Izikson. MLS #TB8501615.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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