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    106 S Delaware Ave Tampa, FL 33606

    For Sale
    $2,495,000

    13-unit multifamily property in South Tampa's SOHO district.

    Lot size:
    0.15 Acres

    Property Features for 106 S Delaware Ave

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1925

    Source: IQ COMMERCIAL Agent Ralph Carrasquillo

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

    Overview

    South Tampa Multifamily Redevelopment Opportunity

    This is an exceptional opportunity to acquire a 13-unit multifamily property in the highly sought-after South Tampa / SOHO district. The property, located at 106, 108, and 110 S. Delaware Avenue, Tampa, FL 33606, consists of two buildings totaling approximately 8,062 square feet on a combined 20,382 square foot lot (158 x 129). The location is just minutes from Hyde Park Village and Downtown. The property includes eight 1-bedroom, 1-bathroom units and five studio apartments with solid income potential. Currently zoned RM24 with a Future Land Use of R-35, it is ideal for townhouse or high-density residential redevelopment. The property is surrounded by upscale townhomes, apartments, and vibrant retail and dining options, offering strong rental demand and long-term appreciation potential.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.470304
    Latitude
    27.944177

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    FAQs

    What type of property is this?
    Apartment building - 13-unit multifamily property in South Tampa's SOHO district.
    Where is this apartment building located?
    The property is located at 106 S Delaware Ave Tampa, FL.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: - Prime South Tampa/SOHO location: Highly desirable urban-core neighborhood minutes from Hyde Park Village and Downtown.; - Multifamily redevelopment opportunity: Rare 13-unit property ideal for townhouse or high-density residential redevelopment.; - Strong income potential: Features 8 existing 1BR/1BA units and 5 Studio apartments.
    (813) 293-3234
    Request Owner's contact information
    106 S Delaware Ave Tampa, FL 33606
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    Tampa, FL 33606
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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
    106 S Delaware Ave Tampa, FL 33606
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