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26545232
26545233

3324 W. Abdella Street, Tampa, FL 33607

MK
FL BK 3445167
Coldwell Banker Realty
Listed by Coldwell Banker Realty
$515,000
288 days on market
Updated 5 days ago

3324 W. Abdella Street Tampa

Details
APN A-10-29-18-3J5-000051-00012.0
Property Type Multifamily, Mixed Use
Sub Type Single Family Rental Portfolio
Square Footage 2,028
Net Rentable (SqFt) 3,028
Units 4
Cap Rate 6.99%
NOI $36,000
Occupancy 100%
Pro-Forma Cap Rate 12.35%
Pro-Forma NOI $63,600
Price per SqFt $254
Broker Co-Op Yes
Class C
Year Built 2002
Year Renovated 2021
Buildings 3
Stories 1
Acreage 0.130
Zoning RS-50
Investment Type Stabilized
Ground Lease No
Ownership Fee Simple

Tampa Rental Investment Property

Marketing description

Price Reduction-Turnkey Investment Opportunity | Airbnb Potential | No HOA / No CDD/ Second Home

Located in the heart of Tampa, this fully occupied 4-unit (the home is zoned RS) offers immediate cash flow and strong upside in one of Florida’s most dynamic rental markets. Just minutes from major employers, entertainment, and Tampa International Airport, this property is ideally positioned as a second home for long-term tenants and for short-term rentals. The owner will convert the home back to SFR at his cost.

Investment Highlights: for long-term tenants and for short-term rentals

  • 100% Occupied – Stable income with room to increase rents (current tenants on a month-to-month lease term)

  • PGI Potential: Strong projected gross income with Airbnb conversion
  • New Roof – Recent capital improvements reduce upfront costs
  • Mixed-Style Units – Flexible layouts for diverse tenant profiles, each unit has its own entrance and courtyard
  • Utilities Connected – Turnkey and ready for new ownership
  • No HOA / No CDD – Fewer restrictions, lower overhead

Whether you're expanding your portfolio or entering the Tampa market for the first time, this property offers a rare blend of location, flexibility, and income potential. With Airbnb demand surging and no community restrictions, investors can capitalize on short-term rental revenue while benefiting from long-term appreciation. The owner did acquire permits for the conversion. Buyer must perform their own Due Diligence with the county, city, and local municipalities zoning and short-term rental restrictions.

Investment highlights

  • New Roof

  • 100% Occupied

  • Location

  • Mixed-style Units

  • Short-term or Long-Term Rental

  • Turn-key

  • Solar Panels are included in the purchase price

Listing Contacts

MK
FL BK 3445167
Coldwell Banker Realty
Listed by Coldwell Banker Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$36,000.00
$3,000.00/mo

Valuation Metrics

0
DSCR
6.99%
Cap Rate
6.99%
ROI

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Additional Information

Name
Miriam Kelly
License
BK 3445167
Brokerage
Coldwell Banker
Brokerage Phone
813-325-8968
Title
Broker Associate
Brokerage Address
213 West Bloomingdale Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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