Rent report generated Nov 28, 2024
The Rent Potential of
4950 Bayshore Blvd Apt 9 Tampa, FL 33611
is $2,200 – $2,650/mo.
Rent Advice
With an average rent range of $2,200 to $2,650 per month, this condo on Bayshore Blvd in Tampa holds promising revenue potential. The property's location in the Ballast Point neighborhood, known for its scenic views and proximity to amenities, enhances its attractiveness. The payback period could be relatively quick, given the strong rental demand in this area. The condo's features, including a modern kitchen, multiple balconies, and a garage, add to its appeal. However, the HOA fee of $806 monthly is a factor to consider.
To boost rental income, consider modernizing the interior with updated appliances and contemporary finishes. This could justify a higher rental rate. For owners contemplating a sale, highlighting the condo's unique features and prime location can attract potential buyers. Addressing the high HOA fees transparently will also be beneficial in negotiations.
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