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    Waterfront Multifamily Investment Opportunity
    Updated: Jul 14, 2025
    Waterfront Multifamily Investment Opportunity

    708 E Hollywood St, Tampa, FL 33604

    $1,850,000
    9,221 sqft 0.80 AC lot
    Waterfront property on the Hillsborough River
    Redevelopment potential with future R‑20 zoning allowing up to 16 units
    Strong rental income potential with 11 existing units (ten 1‑bed/1‑bath, one 2‑bed/1‑bath)
    Additional income opportunities through boat dock rentals
    Located in a rapidly developing area near Seminole Heights
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    This listing looks promising.

    Here's a quick look at some key insights for

    708 E Hollywood St, Tampa, FL 33604

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    • Est. Cap Rate

      5.4%
      NOI ÷ price

    • Est. NOI

      $100K
      Annual

    • Price @ 7% Cap

      $1.43M
      Suggested

    • Property Type

      Duplex
      Built 1925
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    5-Parcel Multifamily Package
    Updated: Sep 12, 2025
    5-Parcel Multifamily Package

    2806 N TAMPA Street, Tampa, FL 33602

    $1,699,000
    7,942 sqft 0.42 AC lot
    5‑parcel Tampa Heights development/income package with 11 units
    Current rents range from $1,400 to $2,200 per unit
    Year built 1945
    Construction materials include stucco and frame
    Roof includes shingle and metal
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    Multifamily Investment Opportunity in Tampa
    Multifamily Investment Opportunity in Tampa

    911 East 108th Avenue, Tampa, FL 33605

    $995,000
    4,770 sqft

    Portfolio of three duplexes, six units, near Ybor City.

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    New 6-Unit Townhome Community
    New 6-Unit Townhome Community

    2019 E Genesee Street, Tampa, FL 33610

    $2,500,000
    7,800 sqft

    Newly constructed six-unit townhome community with modern multi-level layouts and three-bedroom, three-bath residences.

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    116-Unit Hotel/Apartment Complex For Sale
    116-Unit Hotel/Apartment Complex For Sale

    4011 E COLUMBUS Dr, Tampa, FL 33605

    $9,000,000
    34,800 sqft 2.50 AC lot

    116-unit hotel/apartment complex with remodeling and expansion potential.

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    Under-Construction Build-to-Rent Duplex Community
    Under-Construction Build-to-Rent Duplex Community

    6925 E 21st Avenue, Tampa, FL 33619

    $6,500,000
    22,380 sqft

    Gated build-to-rent community under construction, featuring duplex homes with three bedrooms and two full baths each.

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    72-Unit Multifamily Housing Complex
    72-Unit Multifamily Housing Complex

    13036 Kain Palms Ct, Tampa, FL 33612

    $17,000,000
    80,400 sqft

    72-unit multifamily complex offers a mix of one-, two-, and three-bedroom renovated units.

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    Waterfront Rental Units Opportunity
    Waterfront Rental Units Opportunity

    708-714 E Hollywood St, Tampa, FL 33604

    $1,850,000
    0.80 AC lot

    Waterfront rental units in Tampa with redevelopment potential.

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    Tampa Heights Development Opportunity
    Tampa Heights Development Opportunity

    2806 N TAMPA St, Tampa, FL 33602

    $1,599,000
    0.42 AC lot

    Income-producing property with development potential in vibrant Tampa Heights.

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    Uptown Multifamily Investment Opportunity
    Uptown Multifamily Investment Opportunity

    1921 E 137th Ave, Tampa, FL 33613

    $2,000,000
    8,400 sqft

    12-unit community near USF with significant capital improvements.

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    7-Unit Gated Townhome Community
    7-Unit Gated Townhome Community

    12216 N 59th Street, Tampa, FL 33617

    $1,325,000

    Seven fully occupied townhome-style units feature gated access, a community pool, and reserved parking.

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    South Tampa Multifamily Investment Opportunity
    South Tampa Multifamily Investment Opportunity

    807 S HOWARD AVENUE, Tampa, FL 33606

    $10,220,000
    23,084 sqft 0.98 AC lot

    28-unit apartment community in Tampa's Hyde Park neighborhood.

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    Buildable Riverfront Property
    Buildable Riverfront Property

    6214 E Sligh Ave, Tampa, FL 33617

    $1,499,000

    Approved buildable riverfront site on the Hillsborough River, offering a clear path toward new development.

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    16-Unit Multifamily Community
    16-Unit Multifamily Community

    3111 W Horatio St, Tampa, FL 33609

    $3,975,000

    Sixteen-unit multifamily asset in South Tampa, offering income-oriented potential in a desirable, affluent rental market.

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    Renovated Apartments in Tampa Heights
    Renovated Apartments in Tampa Heights

    911 E 23rd Ave, Tampa, FL 33605

    $1,050,000

    Nine renovated units in desirable Tampa Heights neighborhood.

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    Multifamily Portfolio in Central Tampa
    Multifamily Portfolio in Central Tampa

    5505 N Habana Ave, 2505 Violet St, 4827 Melton Ave |, Tampa, FL 33614

    $13,000,000

    Three-property multifamily portfolio with value-add opportunity in central Tampa.

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    Multifamily Investment Property in Tampa
    Multifamily Investment Property in Tampa

    8413 North Hamner Avenue, Tampa, FL 33604

    $995,000

    10-unit multifamily property with immediate income and growth potential.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    4330 N NEBRASKA AVENUE, Tampa, FL 33603

    $2,200,000

    Apartment building for sale in Hillsborough County, accessible via I-275 and the FL-574 corridor.

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    Bayshore Palms Multifamily Investment
    Bayshore Palms Multifamily Investment

    1405 S Lorenzo Ave, Tampa, FL 33629

    Contact for pricing

    Boutique 40-unit apartment community in South Tampa's coveted SoHo district.

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    Concrete Block Apartment Community
    Concrete Block Apartment Community

    1545 Spruce Terrace, Tampa, FL 33607

    Contact for pricing
    4.42 AC lot

    Built in 1964 on a 4.42-acre site, this concrete block community offers one-, two-, and three-bedroom units.

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    Boutique Apartment Community
    Boutique Apartment Community

    1405 S Lorenzo Ave, Tampa, FL 33629

    Contact for pricing
    32,094 sqft

    Forty-unit apartment building with majority two-bedroom layouts and concrete block construction in South Tampa.

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    Historic Multifamily Apartment Building
    Historic Multifamily Apartment Building

    1308 S De Soto Ave, Tampa, FL 33606

    Contact for pricing

    Historic, 100% occupied multifamily property with nine one-bedroom units, private off-street parking, and shared outdoor amenities.

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    Renovated 5-Unit Apartment Building
    Renovated 5-Unit Apartment Building

    8112 N Mulberry St, Tampa, FL 33604

    Contact for pricing

    Five fully renovated units feature granite counters, stainless steel appliances, and in-unit mini split A/C.

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    Stabilized Multifamily Apartment Portfolio
    Stabilized Multifamily Apartment Portfolio

    6237 S Manhattan Ave, Tampa, FL 33616

    Contact for pricing

    Six South Tampa apartment communities total 334 units and are 100% occupied, with recent interior and common-area revitalization.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Tampa, FL, we suggest to view alternatives - similar 48 Off-Market properties to explore as potential leads.

    Tampa, FL Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Tampa, FL, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 198,797 square feet of properties for sale, with an estimated market value of $51,764,000.

    Sale prices for two-family homes in Tampa, FL start at $995,000, averaging $5,751,555, and reaching up to $17,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 826K
    Population Growth (5Y) +3.9%
    Median Household Income $74,796
    College Educated 26.0%

    High-Yield Neighborhoods for Investment

    Identify Tampa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    33605 $946.5K
    33612 $1.4M
    33602 $1.4M
    33617 $1.5M
    33613 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.76%
    Property Tax per SF $14.30 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hillsborough County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Hillsborough County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Tampa fall within the 100,000+ square foot range.

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