Tampa Multi-Family Investment
13612 N 21ST STREET Tampa, FL 33613
13612 N 21ST STREET, Tampa, FL, 33613
$2,500,000
For Sale
$2,500,000
Multi-Family 5+ - TAMPA, FL
Property Size7,176 SF
Lot Size0.40 Acres
Price / SF$348.38
Days on Market75
Property Features for 13612 N 21ST STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- UCA-NHO
- Standard status
- Active
- APN
- U-06-28-19-1GI-000003-00003.0
- Size
- 7,176 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 20811
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 2008
- Number of units
- 6
- Building materials
- Stucco
- Architectural style
- Other
Listing agency
STAR BAY REALTY CORP.
(813) 533-6467
Listed by
Simmi Mishra · License #3490357
(813) 530-5733
Added: May 8 Updated: May 10 at 8:10PM Checked: Jul 21 at 9:06AM
MLS# TB8506736
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multi-family property in Tampa, Florida, presents an investment opportunity with six units optimized for short-term rentals. The property consists of two modern, duplex-style buildings. The units feature spacious, multi-level townhouse layouts with durable luxury vinyl flooring, recessed lighting, and modern fixtures. Designed for high occupancy and low maintenance, the property includes ample private parking at the rear and vinyl privacy fencing, low-maintenance turf, and dedicated courtyard areas. The property is positioned in the Tampa growth corridor, minutes from the University of South Florida (USF), Busch Gardens & Adventure Island, and the Medical District, including the VA and Moffitt Cancer Center. The property has been optimized with keyless entry, modern appliances, and weather-resistant landscaping. The property size is 7,176 square feet on a lot of 0.4 acres.
Key Highlights
- High income potential: $576,000+ potential gross annual income.
- Turn‑key Short‑Term Rental (STR) complex: Optimized for immediate STR operation and high occupancy.
- Modern, low‑maintenance design: Features durable luxury vinyl flooring, recessed lighting, modern fixtures, and weather‑resistant landscaping.
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 | $152.4k | $21.24 |
| − Vacancy | −$10.8k | −$1.51 |
| EGI | $141.6k | $19.73 |
| − OpEx | −$63.7k | −$8.88 |
| NOI | $77.9k | $10.85 |
7,176 SF · lease $21.24/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.11M
$973.5K – $1.30M
NOI $77,878 @ 7.0% cap · market cap 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $117,026 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
Similar For Sale Nearby
FAQs
What type of property is this?
Short term rental property - High-income 6-unit short-term rental complex near USF.
Where is this short term rental property located?
The property is located at 13612 N 21ST STREET 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: High income potential: $576,000+ potential gross annual income.; Turn‑key Short‑Term Rental (STR) complex: Optimized for immediate STR operation and high occupancy.; Modern, low‑maintenance design: Features durable luxury vinyl flooring, recessed lighting, modern fixtures, and weather‑resistant landscaping.
