South Tampa Condo For
3817 W PLATT STREET 306 Tampa, FL 33609
3817 W PLATT STREET 306, Tampa, FL, 33609
$199,000
Pending
For Sale
$199,000
Pending
Gorgeous 1 bed, 1 bath condo in South Tampa.
Property Size682 SF
Days on Market545
Property Features for 3817 W PLATT STREET 306
General Information
- Standard status
- Pending
- Size
- 682 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1973
Listing agency
KELLER WILLIAMS SOUTH TAMPA
(813) 404-1536
Listed by
Jonae Peck · License #620295
(813) 404-1536
Source
Exitrealty
Added: Jan 22, 2025 Updated: Jul 6 at 12:15PM Checked: Jul 21 at 6:21AM
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 KELLER WILLIAMS SOUTH TAMPA
Investment Insights
Based on property information with market context.
Located in the heart of South Tampa, this condo offers an open floor plan, wood cabinetry, and engineered wood flooring. The kitchen features granite countertops, Kenmore stainless appliances, an updated subway tile backsplash, a double stainless sink, and a closet pantry. Crown molding, designer paint colors, and window blinds add to the aesthetic appeal. A GE washer and dryer set is located inside the unit. A Nest thermostat and a newer AC unit installed in October 2021 are included. The oversized bedroom features a double closet, ceiling fan, and window blind. The bathroom has updated tile in the tub/shower combo and a granite countertop at the vanity. This 682 square foot unit is an end/corner unit located close to a storage closet on the second floor. The property includes assigned parking. The Palms of Beach Park is a small community offering maintenance-free exterior living, lush landscaped grounds, and a courtyard with a fountain. The monthly HOA fee is $421.16, covering exterior maintenance, ground maintenance, water, sewer, and garbage. The property is located close to Trader Joe's, LA Fitness, Outback Steakhouse, and Fresh Kitchen, and is just minutes from Hyde Park, SoHo, Downtown Tampa, Tampa International Airport, and I275. School districts include Grady, Coleman, and Plant.
Key Highlights
- South Tampa location, convenient to Trader Joe's, LA Fitness, Hyde Park, SoHo, Downtown Tampa, and Tampa International Airport.
- Awesome Buyer Incentive: Lower Interest Rate for 1 Year!
- Updated features including granite countertops, stainless steel appliances, and subway tile backsplash.
Local Financial Insights For Apartment 5plus
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 | $14.5k | $21.24 |
| − Vacancy | −$1.0k | −$1.51 |
| EGI | $13.5k | $19.73 |
| − OpEx | −$6.1k | −$8.88 |
| NOI | $7.4k | $10.85 |
682 SF · lease $21.24/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$105.7K
$92.5K – $123.4K
NOI $7,401 @ 7.0% cap · market cap 3.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$158.9K
$139.0K – $185.4K
NOI $11,122 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Manita’s House
Apartment Building
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Gorgeous 1 bed, 1 bath condo in South Tampa.
Where is this residential income property located?
The property is located at 3817 W PLATT STREET 306 Tampa, FL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: South Tampa location, convenient to Trader Joe's, LA Fitness, Hyde Park, SoHo, Downtown Tampa, and Tampa International Airport.; Awesome Buyer Incentive: Lower Interest Rate for 1 Year!; **Updated features including granite countertops, stainless steel appliances, and subway tile backsplash.**
