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Tampa Multifamily Investment Opportunity

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

HighLights

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.
Opportunity to increase the total rent roll by $25,248 by recapturing an average of $263/month per unit.
Current rent roll of $13,369.27 with a unit mix of 1/1, 2/1, 3/1, and 3/2 configurations.
Located less than 1 mile from USF's Urban Core.

We can help!

Listing Contact

Frank Brito

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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:: 60
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

We can help!

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

HighLights

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.
Opportunity to increase the total rent roll by $25,248 by recapturing an average of $263/month per unit.
Current rent roll of $13,369.27 with a unit mix of 1/1, 2/1, 3/1, and 3/2 configurations.
Located less than 1 mile from USF's Urban Core.

Overview

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

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Apartment buildings

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Local Demand

City: Tampa
County: Hillsborough
State: Florida
Longitude: -82.442581
Latitude: 28.0621931

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For sale
Apartment buildings
FL
Tampa
33612
12703 N 15TH ST

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.