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Duplex with Separate Utility Meters

1711 E IDELL STREET, Tampa, FL 33604

For Sale
New
$275,000

Each residence has independent HVAC, electric, and water service, with tenants responsible for their utility costs.

Property Size1,404 SF
Price / SF$195.87
Days on Market4

Property Features for 1711 E IDELL STREET

General Information

Standard status Active
Size 1,404 SF
Property subtype Duplex

Site & Location

Neighborhood Sulphur Springs Action League, Inc.
Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2
Individually Metered Utilities electricity, water

Additional Details

Tenant in Place Yes

Amenities

0.12 acres, Dimensions: 50x105
Shingle
Public Sewer
Additional parcels description:, Parcel Number: A-30-28-19-46T-000000-00187.0, Public Survey Range: 19, Public Survey Section: 30, Annual Amount: $3,786.96, Tax Block: 2, Tax Book Number: 11-33, Legal Description: FERN CLIFF LOT 187, Lot: 187, Year: 2025, Zoning: RS-50
Ceramic Tile
Central Air
Heat Pump
Electric Dryer Hookup, Laundry Room, Washer Hookup
Listing ID: MFRTB8564324, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-11-03, 1 day on market, Special Conditions: None
Carbon Mono/Detector
4 total bedrooms
Built in 1982, Living area: 1404, Living area units: Square Feet, Construction Materials: Block, Stucco
Subdivision: FERN CLIFF, MLS Area (Major): 33604 - Tampa / Sulphur Springs, County/Parish: Hillsborough
2 total bathrooms
Cable Available, Electricity Connected, Sewer Connected, Water Connected, Water Source: Public
Slab
Close Of Escrow
Road Surface: Asphalt
Private Entrance, Private Yard, Sidewalk
Carbon Monoxide Detector(s), Eat-in Kitchen
Other equipment: Private Entrance, Private Yard

Building Details

Year Built 1982
Buildings 1
Construction block
Listing Agency: PROMPT REALTY GROUP LLC
Listed By: David Stich · License #3360704
Source: Miharaandassociates
Added: Nov 3 Changed: Nov 6 Last Checked: Nov 6 at 9:11AM

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 PROMPT REALTY GROUP LLC

Rey
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Investment Insights

Based on property information with market context.

This block duplex contains two residences, each with 2 bedrooms, 1 bathroom, and approximately 702 square feet. The 1,404-square-foot property was built in 1982. Each unit has its own HVAC equipment and separate electric and water meters.

The rear residence is leased through December 2027, while the front residence is vacant. Tenants pay their own utilities. The property is near I-275 and bus service in Tampa.

Key Highlights

  • Two units, each with 2 bedrooms, 1 bathroom, and approximately 702 square feet
  • 1,404‑square‑foot block duplex built in 1982
  • Independent HVAC equipment and separate electric and water meters for each residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,388
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,760 $327.8K
Cap Rate 7%
$234,114 $234.1K
Cap Rate 9%
$182,089 $182.1K
Market Conditions
NOI Build-Up for 1,404 SF
Gross rent
$25.1K $17.88/SF
− Vacancy
−$1.7K −$1.21/SF
EGI
$23.4K $16.67/SF
− OpEx
−$7.0K −$5.00/SF
NOI
$16.4K $11.67/SF
Area
Tampa, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,760
Cap Rate 7%
$234,114
Cap Rate 9%
$182,089

Alternative Uses

Best Use
Multifamily LT 5
$234.1K
$204.9K – $273.1K (±1% cap)
NOI $16,388 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$217.7K
$190.5K – $254.0K (±1% cap)
NOI $15,237 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$327.1K
$286.2K – $381.6K (±1% cap)
NOI $22,896 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

313
Businesses Nearby

Demographics for 33604, FL

39,071
Population
17,053
Households
2.3
Avg Household Size
38
Median Age
26%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
5,209
Density / Sq Mi
$55,988
Median Household Income
$39,537
Median Earnings
$1,326
Median Rent
$264,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Tampa, FL

$281 Jul
$279 Aug
$276 Sep
$284 Oct

Properties on Market for Duplexes in Tampa

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has independent HVAC, electric, and water service, with tenants responsible for their utility costs.
Where is this duplex located?
The property is located at 1711 E IDELL STREET Tampa, FL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms, 1 bathroom, and approximately 702 square feet; 1,404‑square‑foot block duplex built in 1982; Independent HVAC equipment and separate electric and water meters for each residence
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