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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.
| DAYS ON MARKET | 34 | LAST UPDATED | 9/21/2026 |
|---|---|---|---|
| TRACT | UNPLATTED | YEAR BUILT | 1983 |
| COMMUNITY | 33615 - Tampa / Town and Country | COUNTY | Hillsborough |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 33615 - Tampa / Town and Country |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Frame, Metal Siding |
| LOT | 1.78 acre(s) |
| STORIES | 1 |
| SUBDIVISION | UNPLATTED |
| TAXES | 41575.2 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Alex Khoyi, REALTY ONE GROUP ADVANTAGE, 813-909-0909
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 10/24/26 6:59 PM PDT.
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