Six-Unit Townhome-Style Apartment
13612 N 21ST, Tampa, FL 33613
For Sale
New
$2,500,000
Renovated interiors and four-bedroom layouts define the residences, arranged across two buildings.
Property Size7,176 SF
Lot Size0.40 Acres
Price / SF$277.78
Days on Market1
Property Features for 13612 N 21ST
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
STAR BAY REALTY CORP.
Listed By:
Simmi Mishra · License #3490357
(813) 530-5733
Source:
Elliman
Added: Nov 6
Last Checked: Nov 6 at 2:27PM
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 STAR BAY REALTY CORP.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property comprises six two-story, townhome-style residences in two buildings. Each home has four bedrooms, and the combined building area is approximately 9,000 square feet on about 0.40 acres. Renovations have updated the interiors and finishes. The property was built in 2008.
The Tampa address is near the University of South Florida and Busch Gardens, with shopping, dining, major employment centers, and transportation corridors also identified in the surrounding area.
The Tampa address is near the University of South Florida and Busch Gardens, with shopping, dining, major employment centers, and transportation corridors also identified in the surrounding area.
Key Highlights
- Six residences, each with four bedrooms and a two‑story layout
- Approximately 9,000 square feet of building area across two buildings
- Situated on approximately 0.40 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,673
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,953,460
$2.0M
Cap Rate 7%
$1,395,329
$1.4M
Cap Rate 9%
$1,085,256
$1.1M
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$191.2K $21.24/SF
− Vacancy
−$13.6K −$1.51/SF
EGI
$177.6K $19.73/SF
− OpEx
−$79.9K −$8.88/SF
NOI
$97.7K $10.85/SF
Area
Tampa, FL
Vacancy
7.10%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,953,460
Cap Rate 7%
$1,395,329
Cap Rate 9%
$1,085,256
Alternative Uses
Best Use
Apartment 5plus
$1.40M
$1.22M – $1.63M
NOI $97,673 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.10M
$1.83M – $2.45M
NOI $146,772 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
530
Businesses Nearby
Explore this area
Business Placement
Demographics for 33613, FL
38,801
Population
17,686
Households
2.2
Avg Household Size
30
Median Age
29%
College-Educated
84%
High-School Grad
7.4 sq mi
ZIP Area
5,243
Density / Sq Mi
$44,642
Median Household Income
$30,911
Median Earnings
$1,178
Median Rent
$219,700
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in Tampa, FL
Properties on Market for Apartment buildings in Tampa
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Renovated interiors and four-bedroom layouts define the residences, arranged across two buildings.
Where is this apartment building located?
The property is located at 13612 N 21ST Tampa, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Six residences, each with four bedrooms and a two‑story layout; Approximately 9,000 square feet of building area across two buildings; Situated on approximately 0.40 acres
