16-Unit Multifamily
For Sale
$3,975,000
3111 W Horatio St, Tampa, FL 33609
Sixteen-unit multifamily asset in South Tampa, offering income-oriented potential in a desirable, affluent rental market.
Property SizeContact for details
Days on Market75
Property Features for 3111 W Horatio St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Cap Rate
6.11%
Multifamily Units
16
Building Details
Tenancy
Multi
Listing Agency:
Tampa Office
(813) 387-4721
Listed By:
Ned Roberts, CCIM · License #License(s): FL: SL3211874
(813) 387-4721
Source:
Marcusmillichap
Added: Jun 1
Changed: Jul 10
Last Checked: Aug 13 at 3:02AM
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 Tampa Office
Investment Insights
Based on property information with market context.
This offering is a 16-unit multifamily community positioned for residential income. The property is presented as a straightforward small multifamily investment, with the scale offering the ability to diversify income across multiple units within a single ownership structure.
Located in South Tampa, Florida, the community sits in an affluent area, which can appeal to tenants seeking stable, well-regarded housing. The asset is being marketed for sale, and the current presentation supports a buy-and-hold or income-focused strategy.
For investors and owner-operators, a 16-unit configuration can provide a practical balance between hands-on management and portfolio diversification. Prospective buyers may view this as a manageable size for underwriting rental demand and expenses while maintaining multiple unit streams. It is also suitable for buyers looking to add a South Tampa multifamily property to an existing holdings base or to establish a new income property position in the Tampa market.
Located in South Tampa, Florida, the community sits in an affluent area, which can appeal to tenants seeking stable, well-regarded housing. The asset is being marketed for sale, and the current presentation supports a buy-and-hold or income-focused strategy.
For investors and owner-operators, a 16-unit configuration can provide a practical balance between hands-on management and portfolio diversification. Prospective buyers may view this as a manageable size for underwriting rental demand and expenses while maintaining multiple unit streams. It is also suitable for buyers looking to add a South Tampa multifamily property to an existing holdings base or to establish a new income property position in the Tampa market.
Key Highlights
- 16‑unit multifamily community in South Tampa, Florida
- Listed with a 6.11% figure in the provided remarks
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,271
Businesses Nearby
Explore this area
Business Placement
Demographics for 33609, FL
17,902
Population
9,169
Households
2
Avg Household Size
38
Median Age
63%
College-Educated
94%
High-School Grad
4.0 sq mi
ZIP Area
4,476
Density / Sq Mi
$105,083
Median Household Income
$66,567
Median Earnings
$1,818
Median Rent
$526,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Sixteen-unit multifamily asset in South Tampa, offering income-oriented potential in a desirable, affluent rental market.
Where is this apartment building located?
The property is located at 3111 W Horatio St Tampa, FL.
What is the asking price?
The asking price for this property is $3,975,000.
What are key features of this property?
This property features: 16‑unit multifamily community in South Tampa, Florida; Listed with a 6.11% figure in the provided remarks
