2806 N Tampa Street TAMPA, Tampa, FL 33602
Five-parcel package with 11 rental units, positioned for both income and potential future development in Tampa Heights.
- Added:
- Jul 7, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 7 at 5:18 am
Property Features for 2806 N Tampa Street TAMPA
General Information
- Standard status
- Active
- Size
- 7,942 SF
Building Details
- Year Built
- 1945
Listing office (904) 569-5862
Listing date Jul 7, 2026
Source Movetojacksonville
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 Morgan Friesen
HighLights
- 5‑parcel income‑producing package with 11 rental units in Tampa Heights
- Building area total: 7,728; includes 8 buildings
- Lot size 0.42 acres (18,498 SF) with dimensions 135 x 202
- Public utilities: public water; includes 4 separate water meters and 11 separate electric meters
- Interior includes carpet and vinyl flooring; central heat and air (heating and AC present)
- Current rents range from $1,400–$2,200 per unit
Overview
Located in Tampa Heights, the site is described as being just minutes from Armature Works, the Tampa Riverwalk, and the Hillsborough River. The remarks also reference proximity to Raymond James Stadium and quick access to I-275 and I-4, placing the property within reach of downtown, Midtown, and Seminole Heights.
For buyers, this configuration can suit an investor looking to acquire multiple parcels under one transaction while maintaining rental operations. The listing is also positioned for developers or owner-operators who may wish to evaluate future development possibilities as Tampa Heights continues to evolve. Current rents are reported to range from $1,400 to $2,200 per unit, providing a clear baseline for underwriting existing cash flow while evaluating next steps for the full package.
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 | $168.7k | $21.24 |
| − Vacancy | −$12.0k | −$1.51 |
| EGI | $156.7k | $19.73 |
| − OpEx | −$70.5k | −$8.88 |
| NOI | $86.2k | $10.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.4611653
- Latitude
- 27.9689828
