Seller's Agent in 2021
Myonitra Faulk
SCOTT & FAULK INTERVEST REALTY
(813) 474-7033
1 in this area
37 Total Sales
7512 E 21st Ave Tampa, FL 33619
East Lake-Orient Park Neighborhood
1
Bed
1
Bath
2,030
Sq Ft
12,197
Sq Ft Lot
Highlights
- Corner Lot
- No HOA
- Cooling System Mounted To A Wall/Window
- L-Shaped Dining Room
- Family Room Off Kitchen
- Tile Flooring
About This Home
As of September 2021Massive Price Reduction & the capitalization rate on the duplex speaks volumes. Excellent cash flowing property with long term tenants in place. There are 2 separate buildings providing a 4BR/2BA, a 2BR/1.5BA duplex and a partially finished garage conversion. Seller is offering property at 9.67% Gross Cap Rate based on new list price with conversion the rate of return can be above 12%. There is plenty of room to maximize your margins. Investors take note as Seller says make it a Win-Win by offering below current market value based on GRM Analysis (attached). Best of all, the Seller did not just purchase and let the tenants pay rent. The Capital Improvements are endless meaning your needed contributions are minimal and cosmetic. Improvements include a New Roof (2018, 2021), New Cabinetry (2018), New Electrical Panel (2018, New A/C Unit (2018), New Flooring (2020), New Bathroom Vanities (2018, 2020)as well as New(2021) Windows, Doors, Siding and Roof on conversion. Everything on the exterior of conversion has been done. This property just makes sense as it is zoned RDC-12 meaning up to 12 units per acre. Better still, the property is surrounded by single family homes which shows in the upkeep of the neighborhood and is within five to fifteen minutes of varying area attractions such as downtown Ybor, TIA or MacDill AFB. Please do not disturb tenants. Leases are available upon request. Property is being sold As-Is.
Last Agent to Sell the Property
SCOTT & FAULK INTERVEST REALTY License #3408092 Listed on: 06/15/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,220
Year Built
- Built in 1930
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 300x40
- Fenced
- Corner Lot
- Oversized Lot
- Level Lot
Parking
- 2 Car Garage
Home Design
- Triplex
- Bi-Level Home
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Block Exterior
- Vinyl Siding
Interior Spaces
- 2,030 Sq Ft Home
- Family Room Off Kitchen
- L-Shaped Dining Room
- Range
Flooring
- Carpet
- Tile
Schools
- Kenly Elementary School
- Mann Middle School
- Blake High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Heating System Mounted To A Wall or Window
Additional Features
- Exterior Lighting
- City Lot
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Tenant pays for electricity, sewer, trash collection
- Legal Lot and Block 1 / 47
- Assessor Parcel Number U-11-29-19-1ND-000047-00001.0
Community Details
Overview
- No Home Owners Association
- 3 Units
- 2,606 Sq Ft Building
- Tampa Tourist Club Subdivision
Building Details
- Gross Income $30,480
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/21/2021 09/21/21 | Sold | $305,000 | -3.2% | $150 / Sq Ft | |
| 08/17/2021 08/17/21 | Pending | -- | -- | -- | |
| 08/11/2021 08/11/21 | Price Changed | $315,000 | -3.1% | $155 / Sq Ft | |
| 07/02/2021 07/02/21 | For Sale | $325,000 | +6.6% | $160 / Sq Ft | |
| 06/21/2021 06/21/21 | Pending | -- | -- | -- | |
| 06/19/2021 06/19/21 | Off Market | $305,000 | -- | -- | |
| 06/14/2021 06/14/21 | For Sale | $325,000 | +1447.6% | $160 / Sq Ft | |
| 06/16/2014 06/16/14 | Off Market | $21,000 | -- | -- | |
| 10/26/2012 10/26/12 | Sold | $21,000 | 0.0% | $14 / Sq Ft | View Prior Sale |
| 08/20/2012 08/20/12 | Pending | -- | -- | -- | |
| 10/11/2011 10/11/11 | For Sale | $21,000 | -- | $14 / Sq Ft |
Source: Stellar MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,462 | $224,850 | $73,440 | $151,410 |
| 2024 | $4,462 | $224,850 | $73,440 | $151,410 |
| 2023 | $4,345 | $219,780 | $68,544 | $151,236 |
| 2022 | $3,948 | $200,758 | $48,960 | $151,798 |
| 2021 | $2,526 | $126,703 | $33,293 | $93,410 |
| 2020 | $2,220 | $104,204 | $25,459 | $78,745 |
| 2019 | $2,365 | $114,147 | $25,459 | $88,688 |
| 2018 | $1,764 | $97,818 | $0 | $0 |
| 2017 | $1,614 | $84,770 | $0 | $0 |
| 2016 | $1,437 | $59,063 | $0 | $0 |
| 2015 | $1,298 | $53,694 | $0 | $0 |
| 2014 | $1,450 | $62,011 | $0 | $0 |
| 2013 | -- | $55,922 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Myonitra Faulk
-
Ciara Babies
Buyer's Agent in 2021
Ciara Babies
PINEYWOODS REALTY LLC
(813) 944-8709
1 in this area
65 Total Sales
-
L
Seller's Agent in 2012
Lois Szydlowski
-
Chad Dudley
Buyer's Agent in 2012
Chad Dudley
INSTANT EQUITY REALTY
(813) 475-0728
77 Total Sales
Map
Source: Stellar MLS
MLS Number: U8126991
APN: U1129191ND000047000010
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Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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