Duplex Income Property with Two
3334-3336 W HEITER STREET Tampa, FL 33607
3334-3336 W HEITER STREET, Tampa, FL, 33607
$699,999
Pending
For Sale
$699,999
Pending
Duplex with two units, each offering three bedrooms, two bathrooms, a 1-car garage, and a fenced private backyard.
Property Size2,020 SF
Days on Market564
Property Features for 3334-3336 W HEITER STREET
General Information
- Standard status
- Pending
- Size
- 2,020 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2007
Listing agency
THE SOMERDAY GROUP PL
(813) 847-9025
Listed by
Nidya Rojas · License #3567400
(813) 847-9025
Source
Exitrealty
Added: Jan 4, 2025 Updated: Jul 22 at 12:58AM Checked: Jul 22 at 8:15AM
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 THE SOMERDAY GROUP PL
Investment Insights
Based on property information with market context.
This duplex features two separate units, with each unit configured as a townhome and offering three bedrooms and two bathrooms. Both units include a 1-car garage and a fully fenced private backyard.
The roof and HVAC were updated in 2023, and the property is described as not being in a flood zone and having no HOA. The home is located at 3334–3336 W Heiter Street, Tampa, FL 33607.
The seller notes the property is “short-term rental friendly” and that it may be eligible for conversion or re-zoning after purchase. The listing also indicates the duplex qualifies for VA and FHA loans.
The roof and HVAC were updated in 2023, and the property is described as not being in a flood zone and having no HOA. The home is located at 3334–3336 W Heiter Street, Tampa, FL 33607.
The seller notes the property is “short-term rental friendly” and that it may be eligible for conversion or re-zoning after purchase. The listing also indicates the duplex qualifies for VA and FHA loans.
Key Highlights
- 2007‑built duplex with 2 units; each unit has 3 bedrooms and 2 bathrooms
- Each unit includes a 1‑car garage and a fully fenced private backyard
- Brand new roof and HVAC in 2023
Local Financial Insights For Multifamily LT 5
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 | $36.1k | $17.88 |
| − Vacancy | −$2.4k | −$1.21 |
| EGI | $33.7k | $16.67 |
| − OpEx | −$10.1k | −$5.00 |
| NOI | $23.6k | $11.67 |
2,020 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$336.8K
$294.7K – $393.0K
NOI $23,578 @ 7.0% cap · market cap 3.37%
Second Best
Apartment 5plus
$313.2K
$274.0K – $365.4K
NOI $21,922 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$470.6K
$411.8K – $549.0K
NOI $32,942 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with two units, each offering three bedrooms, two bathrooms, a 1-car garage, and a fenced private backyard.
Where is this duplex located?
The property is located at 3334-3336 W HEITER STREET Tampa, FL.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: 2007‑built duplex with 2 units; each unit has 3 bedrooms and 2 bathrooms; Each unit includes a 1‑car garage and a fully fenced private backyard; Brand new roof and HVAC in 2023
