Duplex with Fenced
For Sale
$749,999
2801 E 19TH Avenue, Tampa, FL 33605
Residential Income, TAMPA, FL
Property Size3,332 SF
Lot Size0.12 Acres
Price / SF$225.09
Days on Market213
Property Features for 2801 E 19TH Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
RM-16
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 5, Bathroom 2, Laundry Room, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 5, Bathroom 6, Bedroom 2, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 6
Interior features
Thermostat
Exterior features
Private Mailbox
Subdivision
GREENVILLE SUB 3
Directions
From Downtown Tampa: I275 to I-4. exit 1. Turn right onto FL 585 N. 22nd Street, Turn right on East Columbus Dr. Left onto N. 29th Street. Lot on left side before 19th Ave
Standard status
Active
APN
A-08-29-19-4VU-000012-00001.0
Size
3,332 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
GREENVILLE SUBDIVISION PLAT 3 PG 50 LOT 1 BLOCK 12
Tax Annual Amount
1273
Legal Description
GREENVILLE SUBDIVISION PLAT 3 PG 50 LOT 1 BLOCK 12
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
fenced-in yards
Building Details
Year built
2026
Number of units
2
Building materials
Block
Roof type
Shingle
Listing Agency:
KELLER WILLIAMS SOUTH TAMPA · Keller Williams Realty
(813) 875-3700
Listed By:
Aldo Delacruz · License #3324423
(813) 505-3625
Added: Feb 5
Changed: Sep 2
Last Checked: Sep 6 at 8:06AM
MLS# TB8473417
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 under-construction duplex contains 3,332 square feet across two residences, with each unit measuring 1,666 square feet and offering 3 bedrooms and 3 bathrooms. Both layouts place the primary suite, kitchen, and main living functions on the first floor, with two additional bedrooms upstairs. Open-concept interiors include light cabinetry, quartz countertops, walk-in pantries, window-filled family rooms, en-suite primary bathrooms, double vanities, walk-in showers, and generous closets. Impact glass windows and doors, central heating and cooling, block construction, shingle roofing, public water, and public sewer are specified. Each residence also has a fenced yard, and the property has no HOA restrictions.
The property is located at 2801 E 19TH Avenue in Tampa’s Ybor City area, approximately 2 miles from downtown. It sits on a 0.12-acre lot and is zoned RM-16. A one-year warranty is included with the property.
The property is located at 2801 E 19TH Avenue in Tampa’s Ybor City area, approximately 2 miles from downtown. It sits on a 0.12-acre lot and is zoned RM-16. A one-year warranty is included with the property.
Key Highlights
- Two‑unit duplex totals 3,332 square feet, with 1,666 square feet per residence
- Each residence has 3 bedrooms and 3 bathrooms
- Under construction with a 2026 year built
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,893
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$777,860
$777.9K
Cap Rate 7%
$555,614
$555.6K
Cap Rate 9%
$432,144
$432.1K
Market Conditions
NOI Build-Up for 3,332 SF
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.
Gross rent
$59.6K $17.88/SF
− Vacancy
−$4.0K −$1.21/SF
EGI
$55.6K $16.67/SF
− OpEx
−$16.7K −$5.00/SF
NOI
$38.9K $11.67/SF
Area
Tampa, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$777,860
Cap Rate 7%
$555,614
Cap Rate 9%
$432,144
Alternative Uses
Best Use
Multifamily LT 5
$555.6K
$486.2K – $648.2K
NOI $38,893 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$516.6K
$452.0K – $602.7K
NOI $36,161 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$776.3K
$679.2K – $905.6K
NOI $54,338 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,123
Businesses Nearby
Explore this area
Business Placement
Demographics for 33605, FL
18,243
Population
8,994
Households
2
Avg Household Size
36
Median Age
21%
College-Educated
79%
High-School Grad
7.8 sq mi
ZIP Area
2,339
Density / Sq Mi
$36,790
Median Household Income
$35,889
Median Earnings
$1,122
Median Rent
$235,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences offer open layouts, private outdoor space, and separate single-family-style living without HOA restrictions.
Where is this duplex located?
The property is located at 2801 E 19TH Avenue Tampa, FL.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: Two‑unit duplex totals 3,332 square feet, with 1,666 square feet per residence; Each residence has 3 bedrooms and 3 bathrooms; Under construction with a 2026 year built
