Income-Generating Duplex with Separate
10702 N 14TH STREET #2 Tampa, FL 33612
New
10702 N 14TH STREET #2, Tampa, FL, 33612
$355,000
For Sale
$355,000
Well-maintained duplex offers updated kitchens and baths, laminate floors, and separate meters for each unit.
Property Size1,404 SF
Price / SF$252.85
Days on Market5
Property Features for 10702 N 14TH STREET #2
General Information
- Standard status
- Active
- Size
- 1,404 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1973
Listing agency
DALTON WADE INC
(888) 668-8283
Listed by
Marquies Johnson · License #3293836
Source
Dennisrealty
Added: Jul 18 Updated: Jul 21 at 9:24PM Checked: Jul 21 at 9:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DALTON WADE INC
Investment Insights
Based on property information with market context.
This centrally located duplex is configured as two separate units, each with 2 bedrooms and 1 bathroom and built-in closets. Both units have updated kitchen and bathroom finishes and laminate flooring. Each unit has its own utility meters and is responsible for its own utilities, supporting independent operations. The property also includes additional storage on site.
The offering is for an income-producing duplex with current tenant leases ending in October. The property is described as having no HOA and no CDD.
Each unit is stated as 702 square feet, and the property is approximately 1,404 square feet total.
The offering is for an income-producing duplex with current tenant leases ending in October. The property is described as having no HOA and no CDD.
Each unit is stated as 702 square feet, and the property is approximately 1,404 square feet total.
Key Highlights
- Duplex built in 1973 in Tampa with no HOA and no CDD
- 2 units, each with 2 beds and 1 bath, 702 SF per unit
- Updated kitchens and bathrooms in both units
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 | $25.1k | $17.88 |
| − Vacancy | −$1.7k | −$1.21 |
| EGI | $23.4k | $16.67 |
| − OpEx | −$7.0k | −$5.00 |
| NOI | $16.4k | $11.67 |
1,404 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$234.1K
$204.9K – $273.1K
NOI $16,388 @ 7.0% cap · market cap 4.62%
Second Best
Apartment 5plus
$217.7K
$190.5K – $254.0K
NOI $15,237 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$319.8K
$279.9K – $373.1K
NOI $22,388 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained duplex offers updated kitchens and baths, laminate floors, and separate meters for each unit.
Where is this duplex located?
The property is located at 10702 N 14TH STREET #2 Tampa, FL.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Duplex built in 1973 in Tampa with no HOA and no CDD; 2 units, each with 2 beds and 1 bath, 702 SF per unit; Updated kitchens and bathrooms in both units
