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    2004 E 15Th Ave Tampa, FL 33605

    For Sale
    $1,500,000

    Multi Family - TAMPA, FL

    Property size:
    5,160 SF
    Lot size:
    0.48 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 7 at 6:06 am

    Property Features for 2004 E 15Th Ave

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Zoning
    YC-2
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    16
    APN
    A-18-29-19-50R-000124-00006.1
    Parking features
    Off Street
    Pets allowed
    Yes
    Interior features
    Ceiling Fans(s), Eat-in Kitchen
    Exterior features
    Paved, Fence, Private Mailbox
    Fencing
    Fenced
    Appliances
    Dryer, Range, Refrigerator
    Size
    5,160 SF
    Lot size
    0.48 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Ductless, Multi Units

    Building Details

    Year built
    1953
    Number of units
    8
    Flooring type
    Hardwood, Tile
    Building materials
    Block, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    Sand Dollar Realty Group Inc (407) 389-7318 [email protected]

    Listing agent Isabel Campos-Gordon (407) 389-7318 License #3221478

    Listing date Nov 5, 2025

    MLS# O6293394 Listing URL

    Copyright © 2025 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.

    Overview

    Tampa Multifamily Investment Opportunity

    This multifamily property, located in Tampa, FL 33605, presents a strong investment opportunity. The property has a net operating income of $132,671.65 and an annual debt service of $45,508.90, resulting in a cash flow before tax of $87,162.75. The cap rate is 8.85%, and the cash-on-cash return, assuming a 20% down payment of $300,000, is 29.05%. The debt coverage ratio is 2.92. Situated on a 0.48-acre lot, the property encompasses 5,160 square feet. This deal offers an excellent location, condition, and long-term growth potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.436256
    Latitude
    27.966244

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    FAQs

    What type of property is this?
    Apartment building - Profitable multifamily property in Tampa, offering high returns.
    Where is this apartment building located?
    The property is located at 2004 E 15Th Ave Tampa, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - High Cash-on-Cash Return: 29.05%; - Strong Cap Rate: 8.85%; - Excellent Debt Coverage Ratio: 2.92
    (407) 389-7318
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    2004 E 15Th Ave Tampa, FL 33605
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    Tampa, FL 33605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2004 E 15Th Ave Tampa, FL 33605
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