Grove Heights Homes with Stucco Exterior Construction

Welcome to Grove Heights, a charming subdivision nestled in the heart of Central Sarasota, Florida. This vibrant community offers a perfect blend of tranquility and accessibility, making it an ideal place for families, retirees, and everyone in between. With its tree-lined streets and friendly atmosphere, Grove Heights exudes a warm sense of belonging that welcomes you home.

One of the standout features of this subdivision is the beautiful homes featuring stucco exterior construction. Known for their durability and aesthetic appeal, these stucco homes not only provide a timeless elegance but also offer excellent insulation against the Florida heat. The smooth, textured finish of stucco creates a unique character for each residence, allowing homeowners to express their personal style while blending seamlessly into the picturesque landscape of Grove Heights.

Living in Grove Heights means enjoying the best of both worlds: a peaceful suburban lifestyle coupled with convenient access to the vibrant amenities of Central Sarasota. Residents can take advantage of nearby parks, shopping centers, and dining options, ensuring that everything you need is just a short drive away. Plus, the stunning beaches of the Gulf Coast are only a quick trip from your doorstep, providing endless opportunities for sun-soaked relaxation and outdoor adventures.

Experience the charm of Grove Heights, where quality homes and a friendly community come together to create the perfect setting for your next chapter. Whether you’re looking to buy your first home or seeking a tranquil retreat, Grove Heights is ready to welcome you with open arms. Discover your dream home today!

Newest Grove Heights Homes with Stucco Exterior Construction

$1,490,000

9 Beds ⋅ 7 Baths ⋅ Grove Heights SubDv. ⋅ 33602 Zip Code ⋅ TB8449870 MLS ⋅ Active Status

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 ⋅ TB8445667 MLS ⋅ Active Status

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

$1,499,000

Grove Heights SubDv. ⋅ 33602 Zip Code ⋅ TB8444805 MLS ⋅ Active Status

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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