Panama Homes with No Deed Restriction Community Extras

Panama Homes with No Deed Restriction Community Extras

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

One of the standout features of Panama is its inviting community atmosphere, characterized by homes with no deed restrictions. This means homeowners enjoy the freedom to personalize their properties without the constraints often found in traditional neighborhoods. Whether you envision a lush garden, a vibrant outdoor space, or even a workshop for your hobbies, the possibilities are endless in Panama.

The homes in this subdivision boast a variety of architectural styles, ensuring there’s something to suit every taste. Many properties offer spacious lots, allowing for ample outdoor living space where you can host gatherings or simply unwind in the Florida sunshine. The community's layout promotes a sense of connection among neighbors, fostering friendships and a supportive environment.

In addition to its residential appeal, Panama is conveniently located near major thoroughfares, providing easy access to Tampa’s bustling downtown, pristine beaches, and a plethora of recreational activities. Enjoy nearby parks, shopping centers, and dining options that cater to every palate, all just a stone's throw away.

Discover the charm of Panama, where you can enjoy the freedom of homeownership without the limitations of deed restrictions. Embrace the lifestyle you’ve always wanted in this delightful Tampa community!

Newest Panama Homes with No Deed Restriction Community Extras

$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
$199,000
2 Beds ⋅ 2 Baths ⋅ Panama SubDv. ⋅ 33605 Zip Code
Investors ! This is a Great opportunity. A duplex , corner lot in a desirable location. Lots of opportunity and options here.

1401 E 24th Avenue, Tampa
$299,000
2 Beds ⋅ 2 Baths ⋅ Panama SubDv. ⋅ 33605 Zip Code
Located in the heart of Historic Ybor City, this charming bungalow offers exceptional flexibility for both owner-occupants and investors. Just minutes from downtown Tampa, major interstates, Hillsborough Community College, local parks, restaurants, and Ybor's vibrant entertainment district, the location places some of Tampa's best amenities right at your doorstep. The main residence feels larger than its footprint, featuring an efficient, open layout with luxury vinyl flooring throughout, two spacious bedrooms, and one-and-a-half baths. The primary suite includes a private half bath and custom closet, while the full bathroom is appointed with a contemporary double-sink vanity. The updated kitchen offers modern cabinetry, newer appliances, and ample storage, creating a functional space for everyday living. Fresh interior and exterior paint add to the home's clean, move-in-ready appeal. A detached accessory structure provides additional versatility with a private bedroom, full bath, kitchenette, and separate split-system air conditioning—ideal for guests, a home office, creative studio, or income-producing opportunity. This property presents an attractive opportunity for those seeking a turnkey investment, a primary residence, or both. Additional features include replacement windows (2017), air conditioning (2016), water heater (2018), and a durable metal roof, offering long-term peace of mind. With inviting curb appeal, a welcoming front porch, and a location that continues to see strong demand, this Ybor City property offers endless potential in one of Tampa's most historic and dynamic neighborhoods.

1406 E 23rd Avenue, Tampa
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