Snapshot a True Cash-Flow Engine in Tampa’s Growth Corridor Tucked into a quiet pocket of Temple Terrace—just two miles from the University of South Florida and minutes to AdventHealth, Moffitt Cancer Center, Busch Gardens, and the I-75/I-275 junction—This listing offers investors the best of every multifamily buzzword: concrete-block durability,… Read More walk-to demand drivers, sub-replacement pricing, and an in-place yield that starts at 9 .6 percent and only goes up from there. Eight solid-block duplexes spread across eight contiguous lots create sixteen stand-alone 1 bed / 1 bath cottages. Each home enjoys private yard space, individual electric metering, mini-split HVAC, and off-street parking—features renters covet yet almost never find at this price point. Current leases average $1,280/month (no unit below $1,080) and throw off $210,060 NOI, equating to $137,500 per door and an in-place 9.6 % cap on the $2.2 million ask. Upside is refreshingly uncomplicated: lease two turn-ready cottages at market $1,300+, implement RUBS to shift water/sewer to tenants, and watch cap rate break double digits without swinging a hammer. For those who like value-add, a light interior package—LVP flooring, shaker cabinets, stainless appliances—pairs readily with the concrete-block bones and lifts rents to $1,400+ while still keeping cost per unit under new-build figures. Whether you’re chasing yield, seeking a 1031 or assembling scale in Tampa’s coveted workforce-housing lane, This listing checks every box: location, durability, cash flow, and clear runway for rent growth—all at a basis you’ll be bragging about for years. Read Less
Courtesy of ALL COUNTY ADVANCE PROPERTY MANAGEMENT 727-284-7368
Listing Snapshot
Days Online
4
Last Updated
Property Type
Multi Family
Square Ft.
1,576
Lot Size
0.13 Acres
Year Built
1972
MLS Number
TB8400257
30 Days Snapshot Of 33617
$347k
+7%
(avg) sold price
28
-24%
homes sold
42
-37%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Meters: 146.42, Total Number of Buildings: 8, Building Area Total: 1676, Building Area Units: Square Feet, Construction Materials: "Block", Levels: "One", Living Area: 1576, Year Built: 1972
Lot
Lot Size Square Meters: 511, Total Acreage: 0 to less than 1/4, 0.13 acres, 5500 square feet, Number Of Lots: 8
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