Listing details for 506 Sparkman Ave, Tampa, FL 33602 : Priced at $675,000, this fully updated 2-unit property is the ideal 1031 exchange investment or the perfect live-in-one, rent-one-out scenario for the savvy buyer looking to offset their mortgage in one of Tampa's hottest neighborhoods. Both units feature 2 bedrooms and 1 bath, offering comfortable and functional layouts that appeal to a wide range of tenants. The property has been thoughtfully upgraded with major systems already addressed — including a brand new 2024 roof, 2022 HVAC, and 2021 water heater — giving the next owner true peace of mind and minimal near-term capital expenditure. Sitting on a large, oversized lot with room to breathe, this Tampa Heights gem is perfectly positioned for long-term appreciation. You're just 1 mile from Armature Works, 2 miles from Water Street, and moments from the energy of Downtown Tampa — all while enjoying the charm and community feel of one of the city's most sought-after historic neighborhoods. With over $65,000 in documented improvements invested across recent years — covering kitchens, bathrooms, flooring, appliances, plumbing, electrical, and exterior maintenance — this property has been consistently cared for and is move-in ready. The next chapter of Tampa Heights starts here. It starts with this property.
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Listing Updated : 05-05-2026 at 12:03 PM EDT
Listing Provided By : Nick McCormick, 813-225-1890, PINEYWOODS REALTY LLC
Source :
Stellar MLS as distributed by MLS GRID, MLS#: MFRTB8502629
Property Details
Overview
Status
Active
MLS #ID
MFRTB8502629
Price
$675,000
Bedrooms
4
Bathrooms
2
Square Footage
1,852
Acres
0.13
Year
1964
Days on Site
1
Property Type
Residential Income
Property Sub Type
Duplex
Price per Sq Ft
$364
Date Listed
Apr 28, 2026
Community Information for 506 Sparkman Ave, Tampa, FL 33602
Based on information submitted to the MLS GRID as of 2026-05-05 at 1:17 p.m. EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information