NOT LISTED FOR SALE
11 Beds
10 Baths
3,129 Sq Ft
10,500 Sq Ft Lot

Last Sold January 31, 2024

Last sale price $750,000 $240 Per Sq Ft

51 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Central Heating and Cooling System
  • Hillsborough High School Rated A-
  • Outdoor Storage
  • Vinyl Flooring

About This Home

As of January 2024

Recently renovated quad 1 mile from downtown Tampa in the highly coveted Tampa Heights. The property consists of 2 duplexes on the same parcel for a total of 4 units, (3) 1 bedroom/1 bath units & (1) 2 bedroom/1 bath unit. The 2-story duplex in the back is concrete block with a new roof in 2023, a 2-bedroom unit and a 459 SF storage room that could be converted to rentable space. The 2-bedroom unit is 918 SF and is currently rented for $1,800/mo. The 1-bedroom unit is currently rented for $1,400/mo. The bungalow duplex in the front houses 2 1-bedroom units with a large front porch and lots of curb appeal. One unit is rented for $1,500/mo and the other is recently vacant and will also rent for $1,500/mo. The total monthly rent is $6,200 and annual rent is $74,400 resulting in 7% cap rate with opportunity to add value with storage space conversion to rentable space. The units feature stainless steel appliances, in unit laundry, waterproof LVP flooring, a metal roof on the bungalow, new roof on the 2-story building, central air in 2 units, upgraded cabinets, & granite countertops. There is a large off-street parking area for 10 cars in between the 2 buildings and a private yard behind the back building. Also, the back building was fumigated in 2023 and all plumbing and electrical has been updated over the past several years.

Last Agent to Sell the Property

Jack Keller

JACK KELLER INC Brokerage Phone: 727-586-1497 License #127800 Listed on: 11/06/2023

JACK KELLER INC

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,622

Year Built

  • Built in 1910

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 050x210

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Split Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 3,129 Sq Ft Home
  • Vinyl Flooring
  • Crawl Space
  • Laundry in unit

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 10 Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Thermostat
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 3,129 Sq Ft Building
  • Orange Villa Subdivision

Pet Policy

  • Pets up to 20 lbs
  • 1 Pet Allowed

Building Details

  • Operating Expense $9,215
  • Gross Income $63,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,622

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 3129
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1910
  • Building Area Total: 3129
  • Lot Size Sq Ft: 10500
  • Tenant Pays: Electricity
  • Status: Sold
  • Street Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 290.69
  • Escrow State: FL
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 239.69
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 727-586-1497
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Interior Amenities: Thermostat
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Foundation Details: Crawlspace, Slab
  • Total Bedrooms: 11
  • Levels: Multi/Split
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 290.69

Exterior Features

  • Exterior Features: Storage
  • Roof: Metal, Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12057C0352H

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water - Multiple Meters
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Wall Units / Window Unit
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Pet Restrictions: NAP
  • Max Pet Weight: 20
  • Pet Size: Very Small (Under 15 Lbs.)

Fee Information

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

Lot Info

  • Zoning: RS-50
  • Parcel Number: A-12-29-18-4RQ-000000-00007.0
  • Additional Parcels: No
  • Lot Dimensions: 050x210
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 5300
  • Terms Of Lease: Other

Multi Family

  • Gross Income: 63600
  • Number Of Units Total: 4
  • Total Num Buildings: 2
  • Unit Count: 4
  • Est Annual Market Income: 78000.00

Tax Info

  • Tax Annual Amount: 4622
  • Tax Block: 000
  • Tax Book Number: 4-7
  • Tax Lot: 7

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
01/31/2024 01/31/24 Sold $750,000 -6.1% $240 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
12/18/2023 12/18/23 Price Changed $799,000 -11.1% $255 / Sq Ft
12/15/2023 12/15/23 Price Changed $899,000 +2.9% $287 / Sq Ft
11/06/2023 11/06/23 For Sale $874,000 +904.6% $279 / Sq Ft
06/17/2014 06/17/14 Off Market $87,000 -- --
04/23/2012 04/23/12 Sold $87,000 -54.0% $33 / Sq Ft View Prior Sale
04/17/2012 04/17/12 Pending -- -- --
03/18/2010 03/18/10 For Sale $189,000 -- $71 / 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: U8220072

Stellar MLS

APN: A1229184RQ000000000070