About This Property

A 34-unit, 5-building garden-style community on 1.78 acres in one of West Tampa's tightest-fundamental submarkets, minutes from Tampa International Airport and the Veterans Expressway. Built in 1983 and 94% occupied, this is a small-bay multifamily asset with real, in-place rent upside — not a pro forma story. The math: in-place 1-bedroom rents run $925 to $1,250 against a $1,144 average, and every point of that spread closes with routine turnover and light unit-level work — flooring's already been swapped in multiple units (9/2025, 11/2025), and a water heater replaced as recently as 7/2025. Electric is individually metered per unit, keeping the expense line clean; water runs on a single master meter. Offered at $4,052,000 — $119,176 per unit — against a 6.5% cap rate on 2026 annualized NOI of $263,384. Low density, low deferred maintenance, and a rent roll with room to run.

Key Features

• Built in 1983

Property Details

• Type: Single Family Home
• Year Built: 1983
• Lot Size: 0 sq ft
• Sq Ft: 18,277
• Price / Sq Ft: $222
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: Built in 1983
• Status: Active
• MLS Number: MFR812006633
• Days on Market: 1
• Listed By: REALTY ONE GROUP ADVANTAGE · Alex Khoyi
• Zip Code: 33615