$4,052,000
About this home
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.
Highlights
Property details
- MLS #
- MFRTB8550680
- Property type
- Multi-Family 5+
- Subdivision
- UNPLATTED
- Status
- Active
- Days on market
- N/A
- On market date
- September 21, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 1.78 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 553
- Student:teacher ratio
- 16.3:1
- District
- HILLSBOROUGH
- Enrollment
- 763
- Student:teacher ratio
- 18.2:1
- District
- HILLSBOROUGH
- Enrollment
- 2,600
- Student:teacher ratio
- 21.7:1
- District
- HILLSBOROUGH
Walkability
Blended score for TAMPA's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in TAMPA, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 3 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.