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$ 650,000

Est. payment -/mo

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1406 E 21ST AVE Tampa, FL 33605

6 Beds

3 Baths

2,127 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,127 sqft

Price per Sqft $305

Subdivision Panama

MLS Listing ID TB8540301

Bedrooms 6

HOA Y/N No

Year Built 1926

Annual Tax Amount $4,530

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 50x100

Property Sub-Type Triplex

Source Stellar MLS

Property Description

Introducing a rare, fully renovated triplex investment opportunity in the heart of V.M. Ybor, one of Tampa's most dynamic and rapidly evolving urban neighborhoods. Extensively renovated in 2023, nearly every major aspect of the property has been updated, offering investors a turnkey income-producing asset with limited near-term maintenance. The property features a highly desirable three-unit configuration, with the main residence consisting of a spacious 3-bedroom, 1-bath unit previously renting for $2,800 per month and a 2-bedroom, 1-bath unit previously renting for $1,800 per month, along with a detached 1-bedroom, 1-bath accessory dwelling unit providing additional privacy and currently leased at $1,400 per month with approximately seven months remaining on the lease. At full occupancy, the property previously generated approximately $72,000 in annual gross rental income. The tenants in the 3-bedroom and 2-bedroom units recently moved out, creating an excellent opportunity for a new owner to immediately place new tenants, reposition rents, or explore alternative rental strategies based on their investment goals. Located less than a 10-minute drive from Downtown Tampa and just minutes from Ybor City, Tampa Heights, Armature Works, the Tampa Riverwalk, and some of the city's largest employment, entertainment, and development districts, this property is positioned directly in the path of Tampa's continued growth. Significant redevelopment, new construction, and investment throughout V.M. Ybor and the surrounding urban core continue to transform the area and strengthen its long-term appeal. Whether you're an investor seeking strong rental income, an owner-occupant looking to offset housing costs with two additional units, or a buyer looking to secure a multi-family asset in a rapidly growing Tampa neighborhood, this renovated V.M. Ybor triplex offers a compelling combination of proven rental history, multiple income streams, extensive 2023 renovations, and an exceptional location minutes from the heart of the city.

Location

State FL

County Hillsborough

Community Panama

Area 33605 - Tampa / Ybor City

Zoning RS-50

Interior

Interior Features Ceiling Fans(s)

Heating Central, Electric

Cooling Central Air

Flooring Vinyl

Fireplace false

Appliance Built-In Oven, Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator

Laundry Outside

Exterior

Exterior Feature Lighting, Private Entrance, Private Mailbox

Utilities Available Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

Water Access No

Roof Type Metal,Shingle

Porch Porch

Garage false

Private Pool No

Building

Entry Level One

Foundation Block

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Asbestos

New Construction false

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition None

Listed by Kamilla Altunyan KELLER WILLIAMS TAMPA CENTRAL

Schools and Properties Nearby

Orlando Big Homes

Real Estate Specialist | License ID: sl3521568

+1(407) 988-2427

Orlando Big Homes

1406 E 21ST AVE Tampa, FL 33605

Key Details

Location

Interior

Exterior

Building

Others

Schools and Properties Nearby

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1406 E 21ST AVE