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This concrete block duplex delivers a compelling investment opportunity in one of Tampa's most consistently occupied rental corridors. This high-demand asset offers 2 bedrooms and 1 bathroom, featuring an open layout and generously sized rooms. This proven floor plan attracts and retains quality tenants.
Located minutes from USF, Moffitt Cancer Center, and Busch Gardens, the property benefits from built-in, sustained rental demand driven by young adults, university staff, and medical professionals. Continuous enrollment growth and an expanding medical corridor keep vacancy risk low and occupancy high.
This property is located in an Opportunity Zone for tax advantages. This property offers value-add potential for investors looking to increase rents or improve unit finishes to maximize returns. This makes it a highly attractive opportunity for investors seeking stable rental income, and long-term appreciation in a thriving market.
Solid concrete block construction, Flood Zone X, RS-50 zoning, and a straightforward unit configuration make this a low-maintenance, easy-to-manage asset. Strong cash flow potential. Schedule your showing today.
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$349,000
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 | $279,200 | $279,200 | $279,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $166 | $166 | $166 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,607 | $1,788 | $2,319 |
| Total Monthly Payment | $1,848 | $2,029 | $2,560 |
* 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.