- 12 beds
- 12 baths
- 6,936 sqft
- ~3/4 acre lot
- $245 per sqft
- 1965 build
- – on site
Seller financing available! This is a rare chance to acquire an entire block of income-producing real estate in the heart of Tampa, Florida, just minutes from USF. The portfolio includes six buildings totaling 12 one-bedroom, one-bathroom units, most of which have been extensively remodeled to meet modern living standards and aesthetic appeal. Currently generating an average rental income of approximately $1,350 per unit, this property offers strong cash flow and high tenant demand. Additionally, the site holds significant future development potential—with Tampa’s ongoing growth, the existing structures could be replaced with townhomes or higher-density housing to maximize long-term returns. The property comes with no rental restrictions, allowing full flexibility for long-term leasing, short-term rentals, or Airbnb. BONUS: An additional three buildings (six more units) are available, providing the opportunity to expand your portfolio to 18 units across 9 buildings.
Last checked:
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Last updated Jun 12, 2025
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MLS# TB8396205 —
The Building
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Year Built:1965
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New Construction:false
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Construction Materials:Block
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Roof:Other
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Foundation Details:Slab
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# of Buildings:6
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Building Area Units:Square Feet
Interior
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Interior Features:Primary Bedroom Main Floor
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Fireplace:false
Room Dimensions
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Living Area:6936
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Living Area Units:Square Feet
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Living Area Source:Owner
Location
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Directions:N. on 275, E. on Fletcher, N. on Nebraska, E. on 122nd Avenue
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Latitude:28.058459
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Longitude:-82.449902
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Coordinates:-82.449902, 28.058459
The Property
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Parcel Number:U0728191GR00000000010.0
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Property Type:Residential Income
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Property Subtype:Multi Family
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Lot Size Acres:0.72
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Lot Size Area:32400
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Lot Size SqFt:32400
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Lot Size Dimensions:50 x 108
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Lot Size Units:Square Feet
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Total Acres:1/2 to less than 1
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Zoning:RDC-12
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View:false
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Exterior Features:Private Mailbox
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Water Source:Public
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Road Surface Type:Concrete
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Flood Zone Code:x
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Additional Parcels:true
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Additional Parcels Description:x
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (813) 505-3625
- Office phone:
- (813) 875-3700
Taxes
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Tax Year:2024
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Tax Lot:10
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Tax Block:x
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Tax Legal Description:FLOWERS AND STUART OAK GROVE SUBDIVISION LOT 10
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Tax Book Number:20-39
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Tax Annual Amount:$2,995.83
Beds
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Bedrooms Total:12
Baths
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Total Baths:12
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/TB8396205
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Special Listing Conditions:None
Heating & Cooling
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Heating:Wall Units / Window Unit
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Heating:true
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Cooling:Wall/Window Unit(s)
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Cooling:true
Utilities
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Utilities:Electricity Connected
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Sewer:Septic Tank
Appliances
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Laundry Features:None
The Community
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Subdivision Name:FLOWERS & STUART OAK GROVE S
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Senior Community:false
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
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Ownership:Fee Simple
Parking
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Garage:false
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Carport:false
Extra Units
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# of Units Total:12
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/11/25
Jun 11, 2025
|
Listed / Active | STELLAR_MLS | $1,700,000 | 7291.3% (520.9% / YR) |
6/13/11
Jun 13, 2011
|
STELLAR_MLS | $23,000 |