8720 N 48th Street Tampa Florida | Home for Sale
To schedule a showing of 8720 N 48th Street, Tampa, Florida, Call David Shippey at 863-521-4517 TODAY!
Tampa, FL 33617
- N/ABeds
- 0.00Total Baths
- 0 Full, 0 HalfBaths
- 1,576SqFt
- 1972Year Built
- 0.13Acres
- MLS# TB8400257
- Commercial
- MultiFamily
- Active
- Approx Time on Market29 days
- Area33617 - Tampa / Temple Terrace
- CountyHillsborough
- Subdivision N/A
Overview
Snapshot a True Cash-Flow Engine in Tampas Growth CorridorTucked into a quiet pocket of Temple Terracejust two miles from the University of South Florida and minutes to AdventHealth, Moffitt Cancer Center, Busch Gardens, and the I-75/I-275 junctionThis listing offers investors the best of every multifamily buzzword: concrete-block durability, walk-to demand drivers, sub-replacement pricing, and an in-place yield that starts at 9 .6 percent and only goes up from there.Eight solid-block duplexes spread across eight contiguous lots create sixteen stand-alone 1 bed / 1 bath cottages. Each home enjoys private yard space, individual electric metering, mini-split HVAC, and off-street parkingfeatures renters covet yet almost never find at this price point. Current leases average $1,280/month (no unit below $1,080) and throw off $210,060 NOI, equating to $137,500 per door and an in-place 9.6 % cap on the $2.2 million ask.Upside is refreshingly uncomplicated: lease two turn-ready cottages at market $1,300+, implement RUBS to shift water/sewer to tenants, and watch cap rate break double digits without swinging a hammer. For those who like value-add, a light interior packageLVP flooring, shaker cabinets, stainless appliancespairs readily with the concrete-block bones and lifts rents to $1,400+ while still keeping cost per unit under new-build figures.Whether youre chasing yield, seeking a 1031 or assembling scale in Tampas coveted workforce-housing lane, This listing checks every box: location, durability, cash flow, and clear runway for rent growthall at a basis youll be bragging about for years.
Agriculture / Farm
Association Fees / Info
Senior Community: No
Association: ,No,
Bathroom Info
Building Info
Building Area Source: PublicRecords
Business Info
Buyer Compensation
Exterior Features
Pool Private: No
Financial
Original Price: $2,200,000
Garage / Parking
Open Parking: No
Attached Garage: No
Garage: No
Carport: No
Green / Env Info
Interior Features
Fireplace: No
Levels: One
Spa: No
Lot Info
Direction Remarks: East on Bush BlvdRight on N 48th Street Destination on right
Number of Lots: 8
Lot Size Units: Acres
Lot Size Acres: 0.13
Lot Sqft: 5,500
Road Frontage Type: CityStreet
Other
Special Conditions: None
Other Rooms Info
Property Info
Section: 21
Class Type: MultiFamily
Property Sub Type: MultiFamily
Property Condition: NewConstruction
Property Attached: No
New Construction: No
Construction Materials: Block
Stories: 1
Foundation: Slab
Human Modified: Yes
Sqft Info
Sqft: 1,576
Bulding Area Sqft: 1,676
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,024
Tax Lot: 25
Tax Legal Description: DRUID HILLS RE-REVISED LOT 25 BLOCK 9
Tax Block: 9
Tax Annual Amount: 3388.45
Tax Book Number: 25/33
Unit Info
Utilities / Hvac
Cool System: Ductless
Cooling: No
Heating: No
Waterfront / Water
Waterfront: No
View: No
Directions
East on Bush BlvdRight on N 48th Street Destination on rightThis listing courtesy of All County Advance Property Management
If you have any questions on 8720 N 48th Street, Tampa, Florida, please call David Shippey at 863-521-4517.
MLS# TB8400257 located at 8720 N 48th Street, Tampa, Florida is brought to you by David Shippey REALTOR®
8720 N 48th Street, Tampa, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 8720 N 48th Street, Tampa, Florida is TB8400257.
The price for 8720 N 48th Street, Tampa, Florida is $2,200,000.
The status of 8720 N 48th Street, Tampa, Florida is Active.
The subdivision of 8720 N 48th Street, Tampa, Florida is .
The home located at 8720 N 48th Street, Tampa, Florida was built in 2025.
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