$730,000

Estimated payment $4,480/month

Total Views 36,135
5 Beds
5 Baths
2,480 Sq Ft
$294 Price per Sq Ft

Highlights

  • Hot Property
  • Oversized Lot
  • Ceramic Tile Flooring
  • No HOA
  • 1 Car Attached Garage
  • Ceiling Fan

About This Home

Incredible Investor Opportunity! Income-producing 5-unit multifamily in the heart of Tampa, located at 3015 W Collins St. Property has not been operated as a traditional investment property—units have been occupied by family members and rented at under-market value, leaving significant upside potential for a new owner to increase income and maximize returns.Situated on a quiet residential street within walking distance to Raymond James Stadium and St. Joseph’s Hospital. Convenient access to Midtown Tampa, Whole Foods, I-275, Tampa International Airport (10 min), and Downtown/Water Street.Three units are rented month-to-month with tenants happy to stay, one unit is owner-occupied, and one unit is vacant, ready for some TLC to lease long or short term. Tenants are open to staying under new terms. All units have separate electric meters; water is on one bill.Property includes a detached two-car garage with potential to convert into a 6th income-producing unit (buyer to verify with city). Interior spaces needs some TLC— paint, flooring, landscaping—to improve curb appeal and increase rent potential.Recent appraisal (April 2025) available to support listing price. Strong rental demand in the area. No HOA. No Rental restrictions. Solid block construction, 2018 Roof, on-site parking space for all units.Why This Property Stands Out:Undervalued Rents – Long-term family occupancy means immediate rent growth opportunityGarage Conversion Potential – Add a 6th unit or ADUSeparately Metered Electric – Tenants pay their own utilitiesMonth-to-Month Leases – Flexibility to raise rents or repositionWalk to Bucs games, concerts, restaurants, medical campuses, and city bus lines; bike to booming Midtown and Westshore business districts, location drives consistent tenant demand year-round.Don't miss this unique multifamily investment opportunity in one of Tampa’s most sought-after and fast-growing neighborhoods. Ready for value-add investors or owner-operators to bring this hidden gem to its full potential.

Listing Agent

Mileddy Albo

KELLER WILLIAMS TAMPA PROP. Brokerage Phone: 813-264-7754 License #3509725

KELLER WILLIAMS TAMPA PROP.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,716

Year Built

  • Built in 1944

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100x108
  • Oversized Lot
  • Additional Parcels

Parking

  • 1 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,480 Sq Ft Home
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Laundry in Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • 5 Units
  • Drews John H Sub Blks 11 To 1 Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 11
  • Assessor Parcel Number A-10-29-18-3IZ-000036-00007.0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,716

Year Built

Built in 1944

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Block, Concrete, Frame
  • Fireplace: No
  • Living Area: 2480
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1944
  • Lot Size Sq Ft: 10800
  • Number Of Lots: 2
  • Tenant Pays: Electricity
  • Directions to Property: From I-275 N, Take exit 42 for Armenia Ave toward Howard Ave, Turn Right onto N Armenia then right onto W Arch St, then right onto W Collins St House at 3015 W. Collins St.
  • Status: Active
  • Street Direction: W
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Tampa
  • Escrow Postal Code: 33614
  • Escrow State: FL
  • Escrow Street Name: N. Himes Avenue
  • Escrow Street Number: 6703
  • List Office Head Office Key Nume: 1038632
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 294.35
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 813-264-7754
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Street Number Modifier: 3015
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 230.40

Exterior Features

  • Exterior Features: Other
  • Roof: Other, Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Other, Public, Water Connected
  • Cooling: Other, Wall/Window Unit(s)
  • Heating: Ductless
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RS-50
  • Parcel Number: A-10-29-18-3IZ-000036-00007.0
  • Additional Parcels Description: n/a
  • Additional Parcels: Yes
  • Lot Features: Oversized Lot
  • Lot Dimensions: 100x108
  • Flood Zone Code: X
  • Lot Size Square Meters: 1003

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 2580
  • Lease Restrictions YN: 0
  • Terms Of Lease: Other

Multi Family

  • Number Of Units Total: 5
  • Total Num Buildings: 1
  • Unit Count: 5

Tax Info

  • Tax Annual Amount: 4715.71
  • Tax Block: 11
  • Tax Book Number: 4-73
  • Tax Lot: 7

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2025 05/26/25 For Sale $730,000 -- $294 / Sq Ft
Source: Stellar MLS

About the Listing Agent

Mileddy Albo

KELLER WILLIAMS TAMPA PROP.

(888) 295-2596

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Source: Stellar MLS

MLS Number: TB8390018

Stellar MLS

APN: A1029183IZ000036000070