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Corner Lot Duplex Residence

1401 E 24TH Avenue Tampa, FL 33605

1401 E 24TH Avenue, Tampa, FL, 33605
$219,000
For Sale
$219,000

MULTI_FAMILY - TAMPA, FL

Property Size1,092 SF
Lot Size0.10 Acres
Price / SF$200.55
Days on Market27

Property Features for 1401 E 24TH Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RS-50
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1, Dining Room
Patio and Porch features
Porch
Interior features
Living Room/Dining Room Combo
Fencing
Fenced
Appliances
Cooktop, Dishwasher
Standard status
Active
APN
A-07-29-19-4UM-000005-00007.0
Size
1,092 SF
Lot size
0.10 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
PANAMA LOT 7 AND N 1/2 OF CLOSED ALLEY LESS WLY 8 FT FOR 14TH ST R/W BLOCK 5
Tax Annual Amount
2110

Utilities

Sewer type
Public Sewer
Heating system
Space Heater
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public

Building Details

Year built
1945
Floors in Building
1
Flooring type
Laminate
Building materials
Vinyl Siding
Roof type
Shingle
Listing agency LPT REALTY, LLC
Listed by Brett Garcia
Added: Jun 26 Updated: Jul 20 at 9:23PM Checked: Jul 22 at 12:06PM
MLS# G5114279

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This duplex residence offers two units within a total property size of 1,092 square feet, situated on a 0.1-acre corner lot. The property is listed for sale under RS-50 zoning, making it a straightforward residential income duplex configuration.

The duplex is located at 1401 E 24TH Avenue, Tampa, FL 33605, in Hillsborough County. As presented, the layout provides two separate units within one building, supporting flexible use for an investor or an owner-occupant seeking rental income.

Key Highlights

  • Duplex built in 1945 with a corner lot location
  • Each unit includes a living room/dining room combo and dedicated bedrooms and bathrooms
  • Appliances include cooktop and dishwasher

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $19.5k $17.88
− Vacancy −$1.3k −$1.21
EGI $18.2k $16.67
− OpEx −$5.5k −$5.00
NOI $12.7k $11.67
1,092 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$182.1K
$159.3K – $212.4K (±1% cap)
NOI $12,746 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$169.3K
$148.1K – $197.5K (±1% cap)
NOI $11,851 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$254.4K
$222.6K – $296.8K (±1% cap)
NOI $17,808 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store Locksmith Acupuncture Plumbing Service Veterinary Clinic Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex on a corner lot in RS-50 zoning, offered for sale with two units totaling 1,092 SF.
Where is this duplex located?
The property is located at 1401 E 24TH Avenue Tampa, FL.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Duplex built in 1945 with a corner lot location; Each unit includes a living room/dining room combo and dedicated bedrooms and bathrooms; Appliances include cooktop and dishwasher
Contact an agent
More about this property
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