Panama Homes with Asbestos Exterior Construction

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

Panama is known for its picturesque streets, friendly neighbors, and a welcoming atmosphere that truly embodies the spirit of Florida living. Residents enjoy access to nearby parks, recreational facilities, and a variety of shopping and dining options, all just a stone's throw away. The area's lush greenery and beautiful landscapes provide a serene backdrop for outdoor activities, whether you’re taking a leisurely stroll or enjoying a weekend picnic with loved ones.

As you explore the homes in Panama, you may come across properties featuring asbestos exterior construction. While this may raise concerns, it’s essential to understand that homes built with asbestos materials can provide a solid foundation and durability. Many homeowners in the area have taken proactive steps to ensure safety, including regular inspections and necessary remediation. With proper care and attention, these homes can still be a wonderful investment and a place to create lasting memories.

Living in Panama means embracing a community that values connection, comfort, and convenience. Whether you’re looking for a cozy family home or a charming retreat, this subdivision offers a variety of options to suit your lifestyle. Come discover the beauty and warmth of Panama, where your dream home awaits!

$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