Tampa Duplex Investment
1408 COLLEGE PARK LANE Tampa, FL 33612
1408 COLLEGE PARK LANE, Tampa, FL, 33612
$260,000
For Sale
$260,000
Duplex - TAMPA, FL
Property Size1,200 SF
Lot Size0.21 Acres
Price / SF$216.67
Days on Market136
Property Features for 1408 COLLEGE PARK LANE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RMC-12
- Bedrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2
- Pets allowed
- Yes
- Standard status
- Active
- APN
- U-07-28-19-1GN-D00000-00007.0
- Size
- 1,200 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3513.33
- Expense value
- 200
- Expense
- Home Owner Assessments Fee
- Expense freq.
- Monthly
Utilities
- Heating system
- Ductless (Heating)
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1964
- Number of units
- 2
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
CHARLES RUTENBERG REALTY INC
(727) 538-9200
1545 S Belcher Rd, Clearwater, FL
Listed by
Caroline Hanna · License #3177435
(727) 667-8377
Added: Mar 3 Checked: Jul 17 at 7:06 pm
MLS# TB8482291
Listing URL
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 duplex is located in Tampa, Florida. Each of the two units features one bedroom and one bathroom, with each unit offering 600 square feet of living space, totaling 1200 square feet for the entire property. The property is situated on a 0.21-acre lot. The property is zoned RMC-12. The roof was replaced in 2018. Window units provide air conditioning. Public sewer and water services are connected. The property is located near I-275 and the intersections of Fowler Avenue and Nebraska Avenue. It is a short drive to USF, Moffit Center, various amenities, and Tampa International Airport. Both units are currently leased.
Key Highlights
- Investment property with existing tenants and rent rolls available.
- Located in the highly sought‑after city of Tampa.
- Close proximity to I275, Fowler Avenue, Nebraska Avenue, USF, Moffit Center, and Tampa International Airport.
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 | $21.5k | $17.88 |
| − Vacancy | −$1.4k | −$1.21 |
| EGI | $20.0k | $16.67 |
| − OpEx | −$6.0k | −$5.00 |
| NOI | $14.0k | $11.67 |
1,200 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$200.1K
$175.1K – $233.5K
NOI $14,007 @ 7.0% cap · market cap 5.39%
Second Best
Apartment 5plus
$186.0K
$162.8K – $217.1K
NOI $13,023 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$273.4K
$239.2K – $318.9K
NOI $19,135 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex in Tampa near USF, Moffit Center, and Tampa Airport.
Where is this duplex located?
The property is located at 1408 COLLEGE PARK LANE Tampa, FL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Investment property with existing tenants and rent rolls available.; Located in the highly sought‑after city of Tampa.; Close proximity to I275, Fowler Avenue, Nebraska Avenue, USF, Moffit Center, and Tampa International Airport.
