$520,000
SOLD NOV 30, 2020
-- Bed
-- Bath
3,264 Sq Ft
5,445 Sq Ft Lot

Recently Sold

$159 Per Sq Ft

5% Below List Price

Highlights

  • Open Floorplan
  • Property is near public transit
  • Great Room
  • Robinson High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of November 2020

Pictures of interior spaces are from the time before the tenants moved in. Attention Investors: Fully Leased Quadraplex in South Tampa near MacDill AFB. Block exterior, with 4 units: each unit is 2 bedroom 1 bathroom: 2 units upstairs and 2 units downstairs. Each unit's floor plan has a kitchen that opens to the family room/great room, with a storage closet. The Bedrooms are spacious, and are split with the bathroom and its full tub with shower in between the bedrooms. Each unit has a full size washer and dryer located in the hall closet, and each unit has central heat and air: unit C's air conditioner is new in November of 2018. In the spring of 2019, the downstairs units were remodeled to include new wood flooring and paint. The kitchen floors in Unit D were replaced in the Spring of 2020, and there were other updates during vacancies. Unit A has granite counters and a dishwasher. Each tenant pays their own electric, and the owner pays water/sewer/trash: (usually less than $300.00 monthly per owner). Cash flow is $4,035.00 monthly and leases run through April 2021, June 2021, and 2 in July 2021. As a bonus, there is a backyard area, ready for your tenant's enjoyment! Close proximity to MacDill AFB, shopping and dining, Gandy Bridge, and parks. BUY NOW while rates are low, and enjoy many years of solid cash flow with this easy to rent Quadraplex. Do Not disturb tenants: limited showing options until offer received with POF or preapproval.

Last Agent to Sell the Property

Robert Adams

KELLER WILLIAMS SOUTH TAMPA License #3087577 Listed on: 11/05/2020

KELLER WILLIAMS SOUTH TAMPA

Last Buyer's Agent

Jessie Morris

JT REALTY & ASSOCIATES License #3383047

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,085

Year Built

  • Built in 1984

Lot Details

  • 5,445 Sq Ft Lot
  • Lot Dimensions are 45x121
  • Level Lot

Home Design

  • Quadruplex
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Split Bedroom Floorplan
  • 3,264 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Great Room
  • Family Room Off Kitchen
  • Fire and Smoke Detector
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Tandem Parking
  • Assigned Parking

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • City Lot

Schools

  • Chiaramonte Elementary School
  • Madison Middle School
  • Robinson High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3,328 Sq Ft Building
  • Gandy Sun Bay South Condos
  • Unplatted Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Gross Income $48,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,085

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3264
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 3328
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 5445
  • Tenant Pays: Electricity
  • Directions to Property: From W Gandy Blvd and S Dale Mabry Hwy, travel south on S Dale Mabry Hwy to W. Bay Ave: turn left onto W Bay Ave, building is on the right and is the building to the right. Street parking or in a vacant spot directly in front of 3718 W Bay.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8103771?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8103771?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.94545
  • Price per Sq Ft: 159.31
  • Close to Original List Price Ratio: 0.94545
  • Ratio: Current Price\Building Area Total: 156.25
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Tile, Vinyl, Hardwood
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Thermostat
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Levels: Two
  • Street Number Modifier: 3718
  • Additional Rooms: Great Room
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12057C0344H

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Tandem
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Complex Community Name NCCB: GANDY-SUN BAY SOUTH

Schools

  • Elementary School: Chiaramonte-HB
  • High School: Robinson-HB
  • Middle Or Junior School: Madison-HB

Lot Info

  • Zoning: CG
  • Parcel Number: A-16-30-18-ZZZ-000005-54790.0
  • Additional Parcels: No
  • Lot Features: City Lot, Level, Near Public Transit, Sidewalk
  • Lot Dimensions: 45x121
  • Flood Zone Code: x
  • Flood Zone Date: 2008-08-28

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Total Actual Rent: 4035

Multi Family

  • Gross Income: 48420
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 6085.15
  • Tax Block: 5
  • Tax Book Number: 22-60
  • Tax Lot: 00

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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
11/30/2020 11/30/20 Sold $520,000 -5.5% $159 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $550,000 +25.0% $169 / Sq Ft
10/26/2018 10/26/18 Sold $440,000 -2.0% $135 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $449,000 0.0% $138 / Sq Ft
09/13/2018 09/13/18 Rented $950 0.0% --
08/11/2018 08/11/18 For Rent $950 0.0% --
04/07/2018 04/07/18 Off Market $350,000 -- --
02/24/2018 02/24/18 Rented $950 0.0% --
02/22/2018 02/22/18 Under Contract -- -- --
02/09/2018 02/09/18 Price Changed $950 -3.1% $1 / Sq Ft
02/04/2018 02/04/18 For Rent $980 0.0% --
02/03/2018 02/03/18 Off Market $980 -- --
01/29/2018 01/29/18 Price Changed $980 -2.0% $1 / Sq Ft
01/29/2018 01/29/18 For Rent $1,000 0.0% --
01/26/2018 01/26/18 Off Market $1,000 -- --
01/18/2018 01/18/18 For Rent $1,000 0.0% --
01/05/2018 01/05/18 Sold $350,000 -2.5% $107 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
12/15/2017 12/15/17 For Sale $359,000 -- $110 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8103771

Stellar MLS