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An outstanding opportunity to acquire two duplexes totaling four income-producing units in one of South Tampa's most desirable and steadily appreciating neighborhoods. Whether expanding your portfolio or pursuing a live-in investment strategy, this property offers immediate cash flow with long-term upside. Each of the four units features two bedrooms and one bathroom with well-proportioned layouts designed for comfortable living. All units are currently leased under current market value by long term tenants totaling $57,000 in annual revenue, providing stable, in-place income from day one. With new leases at current market rate, the possible rental income could exceed $72,000 per year. Situated on two buildable lots, the property presents compelling future redevelopment potential "” a rare and valuable advantage in this highly sought-after South Tampa location. Conveniently positioned near major roadways, shopping, dining, schools, and everyday amenities, the location continues to attract strong rental demand and long-term growth. Opportunities that combine immediate income, redevelopment flexibility, and a premier South Tampa address are increasingly hard to find.
| DAYS ON MARKET | 37 | LAST UPDATED | 3/5/2026 |
|---|---|---|---|
| TRACT | SUNSET ADDITION | YEAR BUILT | 1984 |
| COMMUNITY | 33616 - Tampa | COUNTY | Hillsborough |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Chiaramonte-HB |
|---|---|
| Jr. High School | Madison-HB |
| High School | Robinson-HB |
| PRICE HISTORY | |
| Prior to Mar 5, '26 | $990,000 |
|---|---|
| Mar 5, '26 - Today | $900,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Cooktop, Dishwasher, Refrigerator |
| AREA | 33616 - Tampa |
| CONSTRUCTION | Block, Stucco |
| EXTERIOR | Courtyard |
| HEAT | Central, Electric |
| LOT | 5663 sq ft |
| LOT DESCRIPTION | Near Public Transit, Paved |
| LOT DIMENSIONS | 48x116 |
| PARKING | Open |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | SUNSET ADDITION |
| TAXES | 5116.44 |
| UTILITIES | Electricity Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Stephen Gay, SMITH & ASSOCIATES REAL ESTATE, 813-839-3800
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 3/25/26 3:53 AM PDT.
This IDX solution is (c) Diverse Solutions 2026.