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    1214 E 138Th Ave Tampa, FL 33613

    For Sale
    $1,375,000

    16-unit apartment building in Tampa's University District, 100% occupied.

    Property size:
    4,624 SF

    Property Features for 1214 E 138Th Ave

    General Information

    Size
    4,624 SF

    Building Details

    Year built
    1968

    Source: Eugene Cronin Agent Eugene Cronin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tampa Multifamily Investment Opportunity

    This multifamily property, located in Tampa, FL, features 16 units and was built in 1968. The property is currently 100% occupied. Zoned RMC-20, the property offers potential for future development and expansion. The location provides convenient access to the University of South Florida, Busch Gardens Tampa Bay, and Adventure Island. The area features a variety of dining and entertainment options, as well as nearby parks.
    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
    -82.4458125
    Latitude
    28.0734558

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    FAQs

    What type of property is this?
    Apartment building - 16-unit apartment building in Tampa's University District, 100% occupied.
    Where is this apartment building located?
    The property is located at 1214 E 138Th Ave Tampa, FL.
    What is the asking price?
    The asking price for this property is $1,375,000.
    What are key features of this property?
    This property features: - 100% Occupancy: Demonstrates immediate income generation.; - Prime Tampa Location: Offers convenient access to USF, Busch Gardens, Adventure Island, dining, entertainment, and parks.; - 16 Units: Provides a substantial investment opportunity.
    (773) 573-8183
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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
    1214 E 138Th Ave Tampa, FL 33613
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