INCOME GENERATING OPPORTUNITY….. CAN GENERATE OVER 100K A YEAR IN REVENUE…….. 3 DUPLEXES AND A HOUSE WITH ROOM TO SUBDIVIDE AND BUILD MORE UNITS….. ALL LONG-TERM TENANTS with only one vacancy……..
Located just minutes from Downtown Tampa, Ybor City, and the Port of Tampa, this rare multi-unit estate offers unmatched potential in one of the city’s fastest-growing corridors. Are you looking for an investment project with massive upside? This is it. Sitting on nearly an acre and a half of land—not in a flood zone—this opportunity is perfect for anyone looking to secure a long-term income-producing asset in Florida without the added risk of flood insurance. The property currently consists of 3 duplexes and a single-family home, all occupied by long-term tenants, with just one vacancy. Rents are currently way below market value and its currently generating a little over 60k, and with some TLC and updates, the projected income could easily reach $115,000+ annually, not including the potential to subdivide and build additional units on-site. With the owner relocating, the door is open for the next savvy investor to take over and elevate this portfolio to its highest and best use. Whether you're expanding your portfolio or just getting started, this one checks all the boxes. If you’d like to view the property, please contact your local agent and allow 24 to 48 hours for access to the leased units.
Source: Stellar MLS
MLS#: N6139553
Additional Rooms:
Appliances: Washer,
Building Area Units: Square Feet
Building Elevator: False
Cooling Type: Wall/Window Unit(s),
Fireplace: Wood Burning,
Floor Number:
Flooring: Tile,
Heating Type: Central,
Stories Total:
Interior Features: Ceiling Fans(s),
Laundry Features: Inside,
Levels: One,
Living Area SQ ft: 3869
Living Area Meters: 359.44
Living Area Source: Public Records
Living Area Units: Square Feet
Room Count:
Spa:
Spa Features: In Ground,
Architectural Style: Contemporary,
Attached Garage:
Carport: 1
Construction Materials:
Exterior Features: Other,
Foundation Details: Slab,
Garage: 0
Garage Spaces:
Homestead:
Lot Features: Paved,
Lot Size Dimensions: 138x323
Lot Size SqFt: 60548
Lot Size Square Meters: 5625
Other Structures: Shed(s),
Parking Features: Parking Pad,
Pool Private: 0
Property Condition: Completed,
Property Description:
Road Surface Type: Paved,
Roof: Shingle,
Sewer: Septic Tank,
Total Acreage: 1 to less than 2
Utilities: Water Connected,
View Type: Water,
Water Access: False
Water Extras: False
Water Source: Public,
Water View: False
Water View Type:
Waterfront: Canal - Saltwater,
Window Features: Storm Window(s),
Additional Lease Restrictions: VERIFY ALL LEASE RESTRICTIONS WITH THE COUNTY
Association Fee Includes: Trash,
Association Fee Requirement: None
Available For Lease: True
List Price By Calculated SqFt: 174.46
Condo Fees:
Condo Fees Term:
Condo Land Included:
Current Price: $675,000
Disclosures:
Existing Lease Tenant:
Lease Restrictions: VERIFY ALL LEASE RESTRICTIONS WITH THE COUNTY
Listing Exclusion: True
Listing Terms: Owner Financing,
Minimum Lease:
Monthly Condo Fee Amount:
Ownership: Fee Simple
Ratio Current Price By Calculate: 174.46
Special Listing Conditions: None,
Tax Annual Amount: 4248.53
Tax Block: 1
Tax Book Number: 32-86
Tax Lot:
Tax Year: 2024
Total Annual Fees: 0.00
Total Monthly Fees: 0.00
Association: 0
Association Amenities: Security,
Association Approval Required: False
Association Name:
Building Area Source: Public Records
Building Area Total: 4032
Community Development District: 0
Community Features: Street Lights,
Country: US
Direction Faces:
Elementary School:
Flood Zone Code: X
Flood Zone Panel:
High School:
Middle Or Junior School:
MLS Area Major: 33619 - Tampa / Palm River / Progress Village
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Data last updated on Monday, July 07, 2025 11:51:15 PM.