Panama Homes with Asbestos Exterior Construction

Welcome to the charming subdivision of Panama, nestled in the vibrant city of Tampa, Florida, within the picturesque Hillsborough County. This delightful community boasts a unique blend of suburban tranquility and urban convenience, making it an ideal location for families, young professionals, and retirees alike.

Panama offers a variety of homes that reflect the rich architectural history of the area, including some residences featuring asbestos exterior construction. While asbestos was a common building material in the past, many of these homes have been well-maintained and offer a solid foundation for future renovations. Homebuyers can find a variety of styles, from cozy single-family homes to spacious multi-story residences, each with its own character and charm.

Living in Panama means enjoying the best of Tampa’s amenities. Residents have easy access to beautiful parks, top-rated schools, and a thriving local dining scene. The nearby Hillsborough River provides ample opportunities for outdoor recreation, whether you prefer kayaking, fishing, or simply enjoying a leisurely stroll along the water. Plus, with downtown Tampa just a short drive away, you can indulge in the city’s vibrant nightlife, cultural attractions, and shopping experiences.

In Panama, you’re not just buying a home; you’re investing in a lifestyle. With its friendly community atmosphere and convenient location, this subdivision is a hidden gem waiting to be discovered. Whether you're looking for your first home or a place to settle down, Panama offers a warm welcome to all who seek the perfect blend of comfort and convenience in sunny Florida.

$650,000

6 Beds ⋅ 4 Baths ⋅ Panama SubDv. ⋅ 33605 Zip Code

Introducing a rare, fully renovated triplex investment opportunity in the heart of V.M. Ybor, one of Tampa’s most dynamic and rapidly evolving urban neighborhoods. Extensively renovated in 2023, nearly every major aspect of the property has been updated, offering investors a turnkey income-producing asset with limited near-term maintenance. The property features a highly desirable three-unit configuration, with the main residence consisting of a spacious 3-bedroom, 2-bath unit previously renting for $2,800 per month and a 2-bedroom, 1-bath unit previously renting for $1,800 per month, along with a detached 1-bedroom, 1-bath accessory dwelling unit providing additional privacy and currently leased at $1,400 per month with approximately seven months remaining on the lease. At full occupancy, the property previously generated approximately $72,000 in annual gross rental income. The tenants in the 3-bedroom and 2-bedroom units recently moved out, creating an excellent opportunity for a new owner to immediately place new tenants, reposition rents, or explore alternative rental strategies based on their investment goals. Located less than a 10-minute drive from Downtown Tampa and just minutes from Ybor City, Tampa Heights, Armature Works, the Tampa Riverwalk, and some of the city’s largest employment, entertainment, and development districts, this property is positioned directly in the path of Tampa’s continued growth. Significant redevelopment, new construction, and investment throughout V.M. Ybor and the surrounding urban core continue to transform the area and strengthen its long-term appeal. Whether you're an investor seeking strong rental income, an owner-occupant looking to offset housing costs with two additional units, or a buyer looking to secure a multi-family asset in a rapidly growing Tampa neighborhood, this renovated V.M. Ybor triplex offers a compelling combination of proven rental history, multiple income streams, extensive 2023 renovations, and an exceptional location minutes from the heart of the city.

1406 E 21st Avenue, Tampa

Panama Homes with Asbestos Exterior Construction

Newest Panama Homes with Asbestos Exterior Construction