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    3105 W Spruce St Tampa, FL 33607

    For Sale
    $769,000

    Three-unit property with updated main house and rental apartments.

    Lot size:
    0.19 Acres

    Property Features for 3105 W Spruce St

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1913

    Source: THE MULTIFAMILY FIRM LLC Agent Phil Ginexi

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

    Overview

    Tampa Multifamily Property Near Midtown

    MacFarlane Park Place is a 3-unit multifamily property located in Tampa. The property features a 4-bedroom, 4.5-bath main house and two rear apartments on a single parcel. The layout is suitable for an owner-occupant or investor seeking to live in the main house while generating rental income from the additional units. The main residence has been updated with modern finishes, including en-suite bathrooms in every bedroom, granite countertops, stainless steel appliances, and LVP flooring. The rear apartments include one 2-bedroom/1-bath unit and one 1-bedroom/1-bath unit, each offering rental potential. The property features newer roofs (2023) and is located in Flood Zone X. The property benefits from proximity to Midtown Tampa, Downtown, SoHo, Ybor City, and Tampa International Airport, as well as major employment centers, dining, shopping, and entertainment options across Tampa's urban core.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage 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
    -82.4936501
    Latitude
    27.9597017

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    FAQs

    What type of property is this?
    Multifamily property - Three-unit property with updated main house and rental apartments.
    Where is this multifamily property located?
    The property is located at 3105 W Spruce St Tampa, FL.
    What is the asking price?
    The asking price for this property is $769,000.
    What are key features of this property?
    This property features: - Prime location near Midtown Tampa, Downtown, SoHo, Ybor City, and Tampa International Airport.; - Versatile 3-unit multifamily property with a 4-bedroom main house and two additional apartments.; - Main residence features modern updates including en-suite bathrooms, granite countertops, stainless steel appliances, and LVP flooring.
    (631) 404-6060
    Request Owner's contact information
    3105 W Spruce St Tampa, FL 33607
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    Tampa, FL 33607
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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
    3105 W Spruce St Tampa, FL 33607
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