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    12703 N 15TH ST Tampa, FL 33612

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    For Sale
    $1,375,000

    Stabilized 8-unit apartment complex near USF with growth potential.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    12
    Last Refresh:
    Apr 24 at 3:29 pm

    Property Features for 12703 N 15TH ST

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1940

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    Listing Contact
    Frank Brito

    Listing agent Frank Brito License #3542409

    Listing office MPGFL TAMPA LLC

    Listing date Apr 24, 2026

    Source Elliman

    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 MPGFL TAMPA LLC


    Overview

    Tampa Multifamily Investment Opportunity

    Located in the rapidly growing university area of Tampa, this stabilized 8-unit multi-family apartment complex at 12703 N 15th St presents a unique investment opportunity with substantial room for growth. Situated less than 1 mile from the University's Urban Core, it offers convenient proximity to USF. Over $200,000 has been invested in capital expenditures, including new roofs, exterior paint, landscaping, a paved parking lot, and separate water meters. A shared grass area enhances the property's appeal. Interior renovations feature new luxury vinyl flooring, shaker cabinets, quartz countertops, stainless steel appliances, and in-unit laundry. The current rent roll is $13,369.27. The unit mix includes two 1/1 units, four 2/1 units, one 3/1 unit, and one 3/2 unit. A new owner has the ability to recapture an average of $263 per unit per month, potentially increasing the total rent roll by $25,248. The property offers strong cash flow from the start and the potential for appreciation. The bike score is 61, indicating it is bikeable, the walk score is 60, indicating it is somewhat walkable, and the transit score is 42, indicating some transit options are available.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.442581
    Latitude
    28.0621931

    FAQs

    What type of property is this?
    Apartment building - Stabilized 8-unit apartment complex near USF with growth potential.
    Where is this apartment building located?
    The property is located at 12703 N 15TH ST 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: Stabilized 8‑unit multi‑family apartment complex in Tampa's rapidly growing university area near USF.; **Over $200k in renovations, including new roofs, exterior paint, landscaping, and paved parking lot.**; Interior renovations feature new luxury vinyl flooring, shaker cabinets, quartz countertops, stainless steel appliances, and in‑unit laundry.
    More about this property
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