6404 S ADELIA Ave Tampa, FL 33616

Building Details

Year Built

1984

Listing agency Smith & Associates Real Estate S***@smithandassociates.com Show Phone

Listed by Stephen Gay · License #3124253 Show Phone

Source Elliman

Added: Apr 24 Updated: Jul 10 at 1:29PM Checked: Jul 21 at 5:52AM

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Investment Insights

Based on property information with market context.

This property features two duplexes, totaling four income-producing units, situated in a desirable South Tampa neighborhood. Each unit includes two bedrooms and one bathroom, with layouts designed for comfortable living. The property is currently generating $57,000 in annual revenue from long-term tenants, with potential to exceed $72,000 per year with new leases at current market rates. The property is located on two buildable lots, offering future redevelopment potential. The location is near major roadways, shopping, dining, schools, and everyday amenities, attracting rental demand and long-term growth. The bike score is 64, indicating it is bikeable. The walk score is 54, indicating it is somewhat walkable. The transit score is 20, indicating minimal transit.

Key Highlights

• Four income‑producing units (two duplexes) in a highly desirable South Tampa location.
• Immediate cash flow with $57,000 in annual revenue from existing tenants.
• Potential to increase annual rental income to over $72,000 with new leases at market rate.

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FAQs

What type of property is this?

Duplex - Two duplexes, four units, income-producing property in South Tampa.

Where is this duplex located?

The property is located at 6404 S ADELIA Ave Tampa, FL.

What is the asking price?

The asking price for this property is $825,000.

What are key features of this property?

This property features: Four income‑producing units (two duplexes) in a highly desirable South Tampa location.; Immediate cash flow with $57,000 in annual revenue from existing tenants.; Potential to increase annual rental income to over $72,000 with new leases at market rate.