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31288919
31288920

6625 S Westshore Blvd, Tampa, FL 33616

SS
FL BK3165433
Sexauer Real Estate International
Listed by Sexauer Real Estate International
$880,000
74 days on market
Updated 18 days ago

6625 & 6227 S WEST SHORE BLVD, TAMPA, FL 33616

Details
APN A-17-30-18-42D-000021-00007.0
Property Type Multifamily
Sub Type Apartment Building, (2) duplexes - 4 doors (each 2bed & 1bath)
Square Footage 3,984
Net Rentable (SqFt) 1,992
Units 2
Cap Rate 4.23%
NOI $37,200
Pro-Forma Cap Rate 4.36%
Pro-Forma NOI $38,400
Price per SqFt $221
Class B
Year Built 1973
Year Renovated 2018
Buildings 1
Stories 1
Acreage 0.240
Parking Spaces 4 spaces
Parking Per SqFt 1.00
Investment Type Stabilized
Ownership Doss Properties LLC

Multifamily | 2 Units | $440,000/unit

Marketing description

Rare South Tampa duplex package — two income-producing properties, one exceptional opportunity. Offered together, 6625 and 6627 S West Shore Blvd represent one of the most compelling multifamily investment packages available in the Tampa Bay market today. Situated directly across a shared courtyard from each other on adjacent corner lots in the heart of the 33616 zip code, these two fully renovated duplexes share the same thoughtfully updated floor plan, the same long-term tenant base, and the same immediate cash-flow profile — giving buyers turnkey ownership of four income-producing units in a single, seamless transaction.

Together, the package generates $6,200 per month in gross rental income — $74,400 annually — with all four two-bedroom, one-bath units currently occupied at $1,550 per month. Tenants pay their own electric, keeping landlord utility exposure minimal: the owner's only utility obligation is a shared water bill averaging approximately $300 per month, or $3,600 annually. Combined with property tax obligations of roughly $8,994 per year across both parcels, the package delivers an estimated net operating income of approximately $57,891, yielding a projected cap rate of approximately 6.6% at the current list price. Importantly, current rents are below prevailing South Tampa market rates, creating a clear and near-term opportunity for organic rent growth and meaningful upside upon lease renewal.

Each duplex has been comprehensively renovated and is move-in ready, featuring new shingle roofs, updated windows, durable vinyl plank flooring with upgraded baseboards, renovated galley kitchens, updated bathrooms, generously sized bedrooms, and private in-unit laundry rooms with ample storage. Both buildings are solid block-and-stucco construction on slab foundations, individually metered for electric, and served by public water and sewer. Off-street parking, fully fenced yards, and low-maintenance exteriors round out a package built for durable, low-headache ownership.

This package is equally well-suited for the traditional cash-flow investor, the 1031 exchange buyer seeking a like-kind replacement property with immediate income, and the owner-occupant ready to house hack — occupying one unit in either duplex while the remaining three rental units significantly offset or eliminate monthly carrying costs. With four doors under one acquisition, the package also provides natural diversification against vacancy risk.

Location is among the most desirable in all of South Tampa. Both properties sit just off the intersection of S Westshore Blvd and W McCoy St, placing residents minutes from MacDill Air Force Base — one of the region's largest and most stable employment centers — and creating enduring rental demand from military personnel, contractors, and civilian employees. The Gandy Bridge connects directly to St. Petersburg and Pinellas County, while the Lee Roy Selmon Expressway provides seamless access to Downtown Tampa, Channelside, Ybor City, and Tampa International Airport. South Tampa's celebrated dining, shopping, and nightlife districts — including South Howard Avenue (SoHo), Bayshore Boulevard, and Hyde Park — are all within a short drive, as are major grocery anchors, national retailers, and everyday conveniences along the Westshore and Gandy corridors.

Multifamily inventory in this South Tampa submarket is extremely limited, and fully renovated, income-producing duplex packages of this scale and quality rarely come to market. Whether you are a seasoned Tampa Bay real estate investor, a first-time income property buyer, or a 1031 exchange buyer searching for a stabilized, high-location replacement asset, 6625 and 6627 S West Shore Blvd represent exactly the kind of rare, turnkey opportunity that defines generational real estate wealth-building in one of Florida's most resilient rental markets.

Both properties are sold as-is, with leases in place through November 2026. The listing agent is the owner and will assist with closing costs. Contact Steve at 727-641-3644 for details

Investment highlights

Below-Market Rents = Built-In Upside: Mark-to-market opportunity to increase NOI and overall asset value

Turnkey, Low CapEx Profile: Major renovations completed (roof, windows, interiors) → minimal near-term expenses

Attractive Yield Expansion Potential: Rental increases + operational efficiencies = cap rate compression opportunity on exit

Strong Tenant Demand Driver: Proximity to MacDill Air Force Base supports consistent occupancy and rent growth

High-Barrier Submarket: South Tampa duplex inventory remains extremely limited → pricing power + long-term appreciation

Efficient Unit Mix: Functional layouts with in-unit laundry → higher retention, reduced turnover costs

Corner Lot Exposure: Enhanced visibility and long-term redevelopment/exit optionality

House Hack / Hybrid Strategy: Owner-occupant option increases buyer pool and exit liquidity

Portfolio Scaling Opportunity: SOLD AS A PACKAGE DEAL along with adjacent identical duplex (6627 S West Shore Blvd) → acquire 4 units with uniform layout

Operational Synergies: Shared patio + mirrored floor plans streamline maintenance and management

Strategic Location: Minutes to Downtown Tampa, Gandy Bridge, and Selmon Expressway → strong commuter appeal

Exit Flexibility: Sell individually, as a package, or reposition post-rent growth for maximum valuation

Listing Contacts

SS
FL BK3165433
Sexauer Real Estate International
Listed by Sexauer Real Estate International

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$37,200.00
$3,100.00/mo

Valuation Metrics

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DSCR
4.23%
Cap Rate
4.23%
ROI

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Additional Information

Name
Stephen Sexauer
License
BK3165433
Brokerage
Sexauer Real Estate
Brokerage Phone
7276413644
Title
Broker of Record
Brokerage Address
2501 Tropical Shores Dr SE, St.Petersburg FL 33705
Name
Stephen Sexauer
License
BK3165433
Brokerage
Sexauer Real Estate
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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