Grove Heights Homes with No Deed Restriction Community Extras

Grove Heights Homes with No Deed Restriction Community Extras

Welcome to Grove Heights, a charming subdivision nestled in the vibrant city of Tampa, Florida, within the heart of Hillsborough County. This delightful community is perfect for those seeking a blend of comfort, convenience, and a touch of Southern charm. Grove Heights is renowned for its welcoming atmosphere and beautiful landscapes, making it an ideal place for families, professionals, and retirees alike.

One of the standout features of Grove Heights is its unique appeal as a homes with no deed restrictions community. This means residents enjoy the freedom to personalize their properties without the constraints often found in other neighborhoods. Whether you envision a lush garden, a cozy outdoor living space, or a workshop for your hobbies, Grove Heights offers the flexibility to bring your dreams to life.

The homes in this subdivision boast a variety of architectural styles, ensuring that you'll find the perfect fit for your lifestyle. From quaint single-family homes to spacious lots, each property reflects the warmth and character of the community. With no deed restrictions, homeowners can also enjoy the added benefit of having the freedom to park their RVs or boats right at home, making it an ideal choice for outdoor enthusiasts.

Located just minutes from Tampa's bustling downtown, residents of Grove Heights have easy access to an array of shopping, dining, and entertainment options. Plus, the nearby parks and recreational facilities provide ample opportunities for outdoor activities, ensuring that every day feels like a vacation.

Come discover the charm of Grove Heights—where community spirit meets the freedom to create your ideal living space!

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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