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31769836
31769661

1203 E Annie St, Tampa, FL 33612

LL
Tomlin Commercial Real Estate Services
Listed by Tomlin Commercial Real Estate Services
$289,000
61 days on market
Updated 25 days ago

1203 ANNIE

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,238
Net Rentable (SqFt) 1,134
Occupancy 50%
Price per SqFt $233
Buildings 1
Stories 1
Zoning RS50
Investment Type Value Add

Multifamily

Marketing description

Income producing True Duplex.

Corner lot Solid block constructed allows for landlords easy maintenance. Separated meters and entrances. For true tenant direct billing.

Benefit from this Location within an OPPORTUNITY ZONE. Value add with current rents under market. With room for improvement. Low vacancy area, compatible with University or Moffitt housing needs. Could qualify for assistance rents if desired and approved. Some recent upgrades made to unit A air conditioning and new concrete driveway. A lot of upside and potential appreciation on this investment. Motivated

Investment highlights

TRUE DUPLEX

OPPORTUNITY ZONE

CONCRETE BLOCK

strong population growth, employment expansion, and continued housing demand.

Tampa has broad tenant demand from local workers, relocating residents, and people seeking more affordable alternatives to coastal markets.

Florida remains attractive for income property buyers because of no state income tax and long-term appreciation potential.

Tampa-area residential and small multifamily assets generally have solid buyer demand, which can help with resale or refinancing. -

The property is structured as a duplex and income-producing asset, Tampa’s rent levels can support cash-flow-oriented strategies. -

East Tampa and nearby submarkets can offer lower entry prices compared with more central or premium Tampa areas, leaving room for value-add improvement. -

The property may fit buy-and-hold, light value-add.

Population and job growth - Strong in-migration- Diversified economy - Consistent rental absorption - Favorable tax environment in a growth market with tenant demand, long-term appreciation potential, and investor-friendly Florida.

Listing Contacts

LL
Tomlin Commercial Real Estate Services
Listed by Tomlin Commercial Real Estate Services

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Zoning

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RS-50 ResidentialSingle FamilyResidential Single Family
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View all 144 uses
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Last updated Apr 17, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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