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1702 W Cleveland St, Tampa, Florida 33606

2300

Bedrooms

Utilities Included

Bathrooms

Furnished

Available to Lease on

ASAP

Property Type

Apartment

SQFT

1069

Talk to STR Exchange

Key metrics

Rent

2300

Monthly Estimated Profit^?

3533

Annual Estimated Profit^?

42396

Acquisition Fee

2500

Security Deposit

TBD

Average Daily Rate

Occupancy

Annual Revenue

70000

Key Features

Welcome to refined living at Edge at 1702, ideally located in the heart of Tampa, Florida. This premium apartment community caters perfectly to traveling professionals, academics, and corporate tenants seeking a sophisticated and convenient home base. With an emphasis on modern architecture and high-end community features, residents enjoy an elevated lifestyle just minutes away from downtown Tampa, prime dining, and local business hubs.

Edge at 1702 is designed to blend work, play, and relaxation seamlessly. The community boasts an impressive array of amenities tailored to meet every need, from an office lounge with Wi-Fi and an internet cafe to a revitalizing pool and dedicated yoga studio. Whether you are networking in the social clubroom, unwinding by the conversational fire pit in the plush courtyard, or utilizing the Level-2 EV charging stations, this property delivers a top-tier residential experience with flexible leasing options, including one month free on a 13-month lease.

Property Features

Modern Floor Plans: Comfortable 1-bedroom, 1-bathroom layouts featuring approximately 676 sqft of thoughtfully designed living space.
Resort-Style Relaxation: Take advantage of the revitalizing pool with extensive seating, outdoor courtyard with a fire pit, and a gourmet outdoor grilling area.
Elite Fitness Options: Fully equipped cardio and weight training facility alongside a specialized yoga studio.
Co-Working & Entertainment: Features a billiards lounge, social clubroom with TVs, coffee bar, and dedicated office lounge areas with Wi-Fi.
Unmatched Convenience: Enjoy controlled access gates, covered parking with available VIP reserved spaces, and on-site Level-2 EV charging stations

1 Bed 1 Bath Financials

Rent: $1799
Monthly Revenue: $3333
Annual Revenue: $40000
Monthly Estimated Profit: $1534
Annual Estimated Profit: $18408

STR Regulations Summary:

Status:

Mixed

View Regulations Here

Tampa does not have a single "permit" that makes a property legal. Instead, it relies entirely on Zoning Districts.

The critical rule to know is the "7-Day Minimum."

Residential Zones: In most standard residential zones (RS, RM), rentals for less than 7 nights are generally prohibited unless the property is in a specific "Overlay District" or you obtain a difficult "Special Use" permit.
Commercial Zones: If the property is in a Commercial zone (e.g., Ybor City, Channelside, Kennedy Blvd corridor), nightly rentals are allowed by right.
Arbitrage Strategy: You must focus on properties in Commercial Zones or accept that you can only do 7+ night bookings in residential areas.

Key Requirements

State License: You must obtain a Vacation Rental License from the Florida DBPR.

Business Tax Receipt (BTR): You must register for a City of Tampa and Hillsborough County Business Tax Receipt.

7-Day Rule Compliance: You must verify the zoning. If you list a residential home for 2-night weekends, Code Enforcement can shut you down for illegal "transient use".

Operational and Safety Standards

Occupancy Limits: Maximum of 2 persons per bedroom + 2 additional persons (City Code).
Noise: Tampa has strict noise ordinances, particularly in Ybor City and South Tampa. Citations go to the "Responsible Party".

Tax Obligations (The Good News)

Total Tax Rate: ~14.5% Total (7.5% State Sales/Surtax + 6% Tourist Development Tax).
Collection: Airbnb and Vrbo COLLECT the 6% Hillsborough County Tourist Development Tax (TDT) for you.

Note: Even though they collect it, you are technically still supposed to create a "Tourist Tax Account" with the Tax Collector for reporting purposes, though the payment is automated.

Enforcement

Code Enforcement: Enforcement is complaint-driven but active. If neighbors report "party houses" in 7-day restricted zones, the city investigates the listing calendar to prove the violation.

Summary for Arbitrage

Commercial Zones (Green Light): Ybor, Channelside, Downtown.
Residential Zones (Yellow Light): Only viable if you set a 7-night minimum stay

1 Bed 1 Bath Financials

STR Regulations Summary:

View Regulations Here

Property Location