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Two-Story Duplex Income Property

9908 N MYRTLE STREET Tampa, FL 33617

9908 N MYRTLE STREET, Tampa, FL, 33617
$375,000
For Sale
$375,000

Duplex - TAMPA, FL

Property Size1,624 SF
Lot Size0.19 Acres
Price / SF$230.91
Days on Market59

Property Features for 9908 N MYRTLE STREET

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-16
Bedrooms
4
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Parking features
Driveway
Interior features
Open Floorplan
Exterior features
Paved
Appliances
Microwave, Range, Refrigerator
Standard status
Active
APN
A-22-28-19-440-000000-00014.B
Size
1,624 SF
Lot size
0.19 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3188

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1983
Number of units
2
Flooring type
Carpet, Tile, Tile - Ceramic
Building materials
Block, Concrete
Roof type
Shingle
Architectural style
Other
Listing Agency FUTURE HOME REALTY INC
13029 W Linebaugh Av Ste 101, Tampa, FL
Listed by Beatriz Lettiero · License #3227574
Added: May 19 Checked: Jul 16 at 6:06 pm
MLS# TB8510017 Listing URL

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 two-story duplex is built with durable concrete block construction and contains two separate 2-bedroom, 1-bath units totaling 1,624 heated square feet. One unit has been remodeled with a brand-new kitchen that includes white shaker cabinets, updated countertops, and stainless steel appliances. The renovation also includes new flooring, new doors, updated bathroom finishes, fresh paint, plus new A/C and a new water heater. The second unit is occupied and described as well maintained, providing ongoing rental income.

Located in the Temple Terrace area of Tampa, the property is positioned near University of South Florida, Busch Gardens, downtown Tampa, major highways, and a range of shopping, dining, hospitals, and entertainment options. There is no HOA, which can simplify ownership and day-to-day property management.

For buyers, this layout supports multiple living and leasing approaches, including occupying one unit while renting the other. The presence of a fully remodeled unit alongside a currently occupied unit may help prospective owners evaluate it as both an income-producing property and a candidate for personal residency. As with any investment or owner-occupant purchase, buyers are responsible for independently verifying income, expenses, lease terms, and all related assumptions.

Key Highlights

  • Two‑story duplex with 2 units, each a 2‑bedroom/1‑bath layout
  • Concrete block construction and shingle roof; built in 1983
  • Total 1,624 heated SF with an open floorplan

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 $29.0k $17.88
− Vacancy −$2.0k −$1.21
EGI $27.1k $16.67
− OpEx −$8.1k −$5.00
NOI $19.0k $11.67
1,624 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$270.8K
$237.0K – $315.9K (±1% cap)
NOI $18,956 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$251.8K
$220.3K – $293.8K (±1% cap)
NOI $17,625 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$378.3K
$331.1K – $441.4K (±1% cap)
NOI $26,484 @ 7.0% cap · market cap 7.06%
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

Parking Lot & Garage Storage Facility Real Estate Agency Florist (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store Butcher Pet Store & Service Pet Grooming Service

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

FAQs

What type of property is this?
Duplex - Concrete-block duplex with two 2-bedroom units, one remodeled, offering rental income and flexible owner-occupant use.
Where is this duplex located?
The property is located at 9908 N MYRTLE STREET Tampa, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two‑story duplex with 2 units, each a 2‑bedroom/1‑bath layout; Concrete block construction and shingle roof; built in 1983; Total 1,624 heated SF with an open floorplan
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More about this property
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