Grove Heights Homes with No Deed Restriction Community Extras

Grove Heights Homes with No Deed Restriction Community Extras

Welcome to Grove Heights, a hidden gem nestled in the vibrant city of Tampa, Florida, within the picturesque Hillsborough County. This charming subdivision offers a unique blend of community spirit and individual freedom, making it an ideal place for families, professionals, and retirees alike.

Grove Heights is known for its welcoming atmosphere and diverse community, where neighbors become friends and everyone feels at home. One of the standout features of this subdivision is its Homes with No Deed Restrictions, allowing residents the flexibility to personalize their properties without the constraints often found in other neighborhoods. Whether you envision a lush garden, a cozy workshop, or simply want to park your RV or boat at your residence, Grove Heights embraces your lifestyle choices.

The homes in Grove Heights boast a variety of architectural styles, from cozy bungalows to spacious family homes, catering to a range of preferences and budgets. Each property offers ample outdoor space, perfect for enjoying Florida’s sunny climate, hosting gatherings, or simply unwinding after a long day.

Beyond the homes, Grove Heights is conveniently located near essential amenities, including shopping centers, dining options, and recreational parks. The nearby access to major highways ensures that you’re just a short drive away from the bustling heart of Tampa, where you can explore cultural attractions, entertainment venues, and the stunning Gulf Coast beaches.

Experience the perfect blend of community and freedom at Grove Heights, where your dream home awaits!

Newest Grove Heights Homes with No Deed Restriction Community Extras

$1,490,000
9 Beds ⋅ 7 Baths ⋅ Grove Heights SubDv. ⋅ 33602 Zip Code
Located in the highly desirable Tampa Heights submarket, 2306 Morgan Street is a well-positioned multifamily asset consisting of two buildings totaling 7 units across 4,315 square feet. The property includes a front triplex built in 1902 and a rear quadplex built in 1926, offering a compelling blend of historic charm and modern improvements. The asset features a diverse unit mix comprised of two studios (approximately 343 SF each), one 1-bedroom/1-bath unit (682 SF), and four 2-bedroom/1-bath units (approximately 735 SF each). The property has benefited from recent capital improvements, including a new roof installed within the past 2–3 years, along with additional upgrades and fresh interior and exterior paint, providing strong curb appeal and a low-maintenance ownership profile. Income totals include a combination of market rents and housing assistance payments, offering stable cash flow with upside potential. Several long-term tenants are currently paying below-market rents, creating an opportunity to optimize rents to market levels over time. Additional value-add strategies include implementing utility bill-backs, particularly for water, to further enhance net operating income. Redevelopment or reconfiguration potential may exist, subject to buyer due diligence. Positioned minutes from some of Tampa’s most vibrant destinations, residents enjoy easy access to Ybor City’s historic nightlife, Downtown Tampa’s Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistent occupancy, recent updates, and a prime central location, 2306 Morgan Street stands out as a strong opportunity to own a turn-key multifamily asset in one of Tampa’s most in-demand rental corridors.

2306 N Morgan Street, Tampa
$1,499,000
Grove Heights SubDv. ⋅ 33602 Zip Code
Located in the highly desirable Tampa Heights submarket,2306 Morgan Street consists of two multifamily buildings totaling 7 units across 4,315 square feet. The front triplex, built in 1902,and the rear quadplex, built in 1926, together create a diverse unit mix: 2 studios (343 SF each), one 1-bedroom/1-bathroom units (735 SF each). unit (682 SF), and four 2-bedroom/1-bathroom from recent improvements, including a new roof within the past 2-3 years and upgraded capital expenditures. With a blend of historic character and recent updates, the asset neighborhoods presents a unique opportunity for investors targeting value-add potential in one of Tampa's fastest-growing Value-Add Opportunities adjustments Optimize Rents: to market Several levels. Long-term tenants are paying below-market rents, creating immediate upside through Utility Bill-Backs: Implementing water bill-back systems provides a straightforward way to improve net operating income. Redevelopment Potential. Has been freshly painted inside and out, offering strong curb appeal and a low-maintenance setup for any investor looking for steady cash flow. Positioned minutes from some of Tampa’s most vibrant attractions, residents enjoy easy access to Ybor City’s historic nightlife, Downtown Tampa’s Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistent occupancy, recent updates, and a prime location near all the city’s key amenities, 2306 Morgan stands out as an exceptional opportunity to own a turn-key multifamily asset in one of Tampa’s most in-demand rental corridors.

2306 N Morgan Street, Tampa
$699,000
Grove Heights SubDv. ⋅ 33602 Zip Code
Located in the highly desirable Tampa Heights submarket,2306 Morgan Street is setup for any investor looking for a new build. The property is a lot designated for tenant parking, for the building next door and long-term value. Positioned minutes from some of Tampa’s most vibrant attractions, residents enjoy easy access to Ybor City’s historic nightlife, Downtown Tampa’s Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistent occupancy,

2308 N Morgan Street, Tampa
$1,499,000
Grove Heights SubDv. ⋅ 33602 Zip Code
Located in the highly desirable Tampa Heights submarket,2306-2308 Morgan Street consists of two multifamily buildings totaling 7 units across 4,315 square feet.The front triplex, built in 1902,and the rear quadplex, built in 1926, together create a diverse unit mix: 2 studios (343 SF each), one 1-bedroom/1-bathroom units (735 SF each). unit (682 SF), and four 2-bedroom/1-bathroom from recent improvements, including a new roof within the past 2-3 years and upgraded capital expenditures. With a blend of historic character and recent updates, the asset neighborhoods presents a unique opportunity for investors targeting value-add potential in one of Tampa's fastest-growing Value-Add Opportunities adjustments Optimize Rents: to market Several levels. Long-term tenants are paying below-market rents, creating immediate upside through Utility Bill-Backs: Implementing water bill-back systems provides a straightforward way to improve net operating income. Redevelopment Potential: The lot at 2308 Morgan Street is zoned RM-24, allowing future investors the flexibility to redevelop both parcels into higher-density multifamily or modern townhomes. Has been freshly painted inside and out, offering strong curb appeal and a low-maintenance setup for any investor looking for steady cash flow. The property also includes a separate lot designated for tenant parking, adding convenience and long-term value. Positioned minutes from some of Tampa’s most vibrant attractions, residents enjoy easy access to Ybor City’s historic nightlife, Downtown Tampa’s Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistent occupancy, recent updates, and a prime location near all the city’s key amenities, 2306 Morgan stands out as an exceptional opportunity to own a turn-key multifamily asset in one of Tampa’s most in-demand rental corridors.

2306 N Morgan Street, Tampa
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