Four-Townhome Residential
113 S NEWPORT Avenue Tampa, FL 33606
113 S NEWPORT Avenue, Tampa, FL, 33606
$2,399,900
For Sale
$2,399,900
MULTI_FAMILY - TAMPA, FL
Property Size7,260 SF
Lot Size0.21 Acres
Price / SF$330.56
Days on Market251
Property Features for 113 S NEWPORT Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- RM-24
- Bedrooms
- 12
- Bathrooms
- 16
- Rooms
- Bedroom 1, Bedroom 5, Bathroom 8, Bathroom 5, Bathroom 3, Bathroom 4, Bathroom 14, Bathroom 13, Bathroom 1, Bathroom 7, Bathroom 6, Bedroom 2, Bedroom 4, Bathroom 10, Bathroom 12, Bathroom 15, Bedroom 11, Bathroom 11, Bedroom 6, Family Room, Bathroom 2, Bedroom 8, Bedroom 7, Bathroom 9, Bedroom 3, Bedroom 12, Bedroom 10, Bedroom 9, Bathroom 16
- Parking features
- Driveway
- Patio and Porch features
- Porch, Deck
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Walk-In Closet(s)
- Exterior features
- Balcony, Sidewalk
- Standard status
- Active
- APN
- A-23-29-18-9FN-000000-00001.0
- Size
- 7,260 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- NEWPORT PALMS TOWNHOMES LOT 1, 2, 3, 4
- Tax Annual Amount
- 38800
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2008
- Number of units
- 4
- Building materials
- Block, Frame
- Roof type
- Membrane
Listing agency
KELLER WILLIAMS TAMPA CENTRAL
(813) 865-0700
Listed by
Kamilla Altunyan · License #3333610
(813) 365-8765
Added: Nov 13, 2025 Updated: Jul 21 at 6:08PM Checked: Jul 22 at 11:06AM
MLS# TB8447675
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 offering presents a cluster of four townhome units, sold together as a package. Each unit features three bedrooms and three and a half baths, with a first-floor private bedroom and full en-suite bath, and a second level configured with an open-concept family room, dining area, and kitchen. The kitchens include stainless steel appliances, granite countertops, cherry cabinetry, and breakfast bar seating, with access to a balcony. The third floor provides two bedrooms, each with its own en-suite full bath, including a primary suite with dual vanities and a large walk-in shower. Balconies are present on the second and third floors, and each unit includes in-unit laundry on the upper level and an attached two-car garage. A brand-new 2026 roof was installed and is backed by a five-year workmanship warranty.
The property is located at 113 S Newport Avenue in Tampa, in the Hyde Park area, with University of Tampa within walking distance and downtown Tampa, Armature Works, the Tampa Riverwalk, and Amalie Arena just minutes away.
The listing notes this is four separate units with their own parcel ID numbers being sold together.
The property is located at 113 S Newport Avenue in Tampa, in the Hyde Park area, with University of Tampa within walking distance and downtown Tampa, Armature Works, the Tampa Riverwalk, and Amalie Arena just minutes away.
The listing notes this is four separate units with their own parcel ID numbers being sold together.
Key Highlights
- Cluster of 4 townhomes in Hyde Park sold together as 4 separate units with their own parcel ID numbers
- Each unit has 3 beds, 3.5 baths, 1,815 SF living space, and 2,550 SF total area
- Brand new 2026 membrane roof installed with a 5‑year workmanship warranty
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 | $129.8k | $17.88 |
| − Vacancy | −$8.7k | −$1.21 |
| EGI | $121.1k | $16.67 |
| − OpEx | −$36.3k | −$5.00 |
| NOI | $84.7k | $11.67 |
7,260 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M
NOI $84,742 @ 7.0% cap · market cap 3.53%
Second Best
Apartment 5plus
$1.13M
$984.9K – $1.31M
NOI $78,790 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,396 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Longhorn Ventures, Inc.
Association Or Organization
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four separate townhome units are offered together, each with an attached two-car garage and in-unit laundry.
Where is this quadplex located?
The property is located at 113 S NEWPORT Avenue Tampa, FL.
What is the asking price?
The asking price for this property is $2,399,900.
What are key features of this property?
This property features: Cluster of 4 townhomes in Hyde Park sold together as 4 separate units with their own parcel ID numbers; Each unit has 3 beds, 3.5 baths, 1,815 SF living space, and 2,550 SF total area; Brand new 2026 membrane roof installed with a 5‑year workmanship warranty
