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Unlock an exceptional investment opportunity with this income-producing triplex in prime South Tampa, perfectly situated near MacDill Air Force Base, major transportation routes, and the area’s vibrant shopping, dining, and entertainment scene. This fully occupied and professionally managed property generates a strong gross annual income of $56, 000, making it ideal for seasoned investors or those looking to expand their multifamily portfolio. Each unit has been tastefully upgraded with durable vinyl flooring, modern kitchens, updated bathrooms, full-size laundry connections, central heat and air, and spacious, sensible layouts that appeal to quality tenants. The exterior features solid block construction, a fully fenced private lot with low-maintenance vinyl fencing, and a freshly asphalted and striped parking lot, offering both durability and curb appeal. Each unit is individually metered for electric, helping streamline operating costs.
Beyond the property itself, this location captures the true South Tampa lifestyle. Just minutes away, residents can enjoy the bustling nightlife of Hyde Park, SoHo, and Bayshore, with an endless array of locally loved restaurants, craft cocktail bars, coffee shops, and boutique shopping. Outdoor enthusiasts appreciate quick access to iconic Bayshore Boulevard for waterfront jogging, biking, and scenic views. Sports fans will love being within a short drive of Tampa’s major venues—including Raymond James Stadium, Amalie Arena, and Steinbrenner Field—home to the Buccaneers, Lightning, and Yankees spring training. Popular destinations such as Sparkman Wharf, Water Street Tampa, the Tampa Riverwalk, Armature Works, and Downtown Tampa’s cultural attractions are all easily accessible, offering nonstop entertainment and modern urban convenience. With rising property values throughout South Tampa and increasing demand for well-located multifamily rentals, now is the perfect time to secure this turnkey, income-generating triplex before the next market upswing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $600,000 | $600,000 | $600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | $708 | $708 | $708 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,501 | $3,646 | $4,863 |
| Total Monthly Payment | $4,301 | $4,446 | $5,663 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.