$675,000
PENDING

Estimated payment $4,025/month

Total Views 2,589
7 Beds
8 Baths
3,869 Sq Ft
$174 Price per Sq Ft

Highlights

  • 1.39 Acre Lot
  • Oversized Lot
  • Ceiling Fan
  • No HOA
  • Central Heating
  • High Speed Internet

About This Home

Under contract-accepting backup offers. INCOME GENERATING OPPORTUNITY..... CAN GENERATE OVER 100K A YEAR IN REVENUE........ 3 DUPLEXES AND A HOUSE WITH ROOM TO SUBDIVIDE AND BUILD MORE UNITS..... ALL LONG-TERM TENANTS with only one vacancy........

Located just minutes from Downtown Tampa, Ybor City, and the Port of Tampa, this rare multi-unit estate offers unmatched potential in one of the city’s fastest-growing corridors. Are you looking for an investment project with massive upside? This is it. Sitting on nearly an acre and a half of land—not in a flood zone—this opportunity is perfect for anyone looking to secure a long-term income-producing asset in Florida without the added risk of flood insurance. The property currently consists of 3 duplexes and a single-family home, all occupied by long-term tenants, with just one vacancy. Rents are currently way below market value and its currently generating a little over 60k, and with some TLC and updates, the projected income could easily reach $115,000+ annually, not including the potential to subdivide and build additional units on-site. With the owner relocating, the door is open for the next savvy investor to take over and elevate this portfolio to its highest and best use. Whether you're expanding your portfolio or just getting started, this one checks all the boxes. If you’d like to view the property, please contact your local agent and allow 24 to 48 hours for access to the leased units.

Listing Agent

Garrett Sedlacek

KELLER WILLIAMS ON THE WATER S Brokerage Phone: 941-803-7522 License #3442520 Listed on: 07/04/2025

KELLER WILLIAMS ON THE WATER S

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,249

Year Built

  • Built in 1970

Lot Details

  • 1.39 Acre Lot
  • Lot Dimensions are 138x323
  • Oversized Lot
  • Level Lot
  • Additional Parcels

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,869 Sq Ft Home
  • Ceiling Fan
  • Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Parking Pad
  • Driveway
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1,2,3 / 1
  • Assessor Parcel Number U-23-29-19-ZZZ-000001-51140.0

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • 4,032 Sq Ft Building
  • Adamo Acres Unit 01 Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $61,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,249

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3869
  • Lot Size Acres: 1.39
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 4032
  • Lot Size Sq Ft: 60548
  • Number Of Lots: 3
  • Directions to Property: Head south on US-301 S toward Brittany Way, Turn right onto Palm River Rd, Turn right onto S 63rd St, Properties will be on the left
  • Status: Pending
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044707
  • RATIO Current Price By Calculate: 174.46
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 941-803-7522
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 7
  • Levels: One
  • Street Number Modifier: 620
  • Living Area Meters: 359.44

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

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Driveway, Guest, None, Off Street, On Street, Open, Parking Pad

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: VERIFY ALL PET RESTRICTIONS WITH THE COUNTY
  • Association Fee Requirement: None

Fee Information

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

Lot Info

  • Zoning: RDC-12
  • Parcel Number: U-23-29-19-ZZZ-000001-51140.0
  • Additional Parcels Description: 043886-0100, 043887-0000
  • Additional Parcels: Yes
  • Lot Features: City Limits, Level, Oversized Lot, Paved
  • Lot Dimensions: 138x323
  • Flood Zone Code: X
  • Lot Size Square Meters: 5625

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Total Actual Rent: 5150
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: VERIFY ALL LEASE RESTRICTIONS WITH THE COUNTY

Multi Family

  • Gross Income: 61800
  • Number Of Units Total: 7
  • Total Num Buildings: 4
  • Unit Count: 5

Tax Info

  • Tax Annual Amount: 4248.53
  • Tax Block: 1
  • Tax Book Number: 32-86
  • Tax Lot: 1,2,3

Map

Range of Values:

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Average Value
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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
07/21/2025 07/21/25 Pending -- -- --
07/04/2025 07/04/25 For Sale $675,000 -- $174 / Sq Ft
Source: Stellar MLS

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Source: Stellar MLS

MLS Number: N6139553

Stellar MLS

APN: U232919ZZZ000001511400