New 6-Unit Townhome
For Sale
Contact for pricing
2019 E Genesee Street, Tampa, FL 33610
Newly constructed six-unit townhome community with modern multi-level layouts and three-bedroom, three-bath residences.
Property Size7,800 SF
Price / SF$320.51
Days on Market141
Property Features for 2019 E Genesee Street
General Information
Standard status
Active
Size
7,800 SF
Class
A
Property subtype
Multifamily
Zoning
Multi-Family
Investment Type
Owner/User
Additional Details
Multifamily Units
6
Building Details
Year Built
2026
Buildings
1
Stories
2
Units
6
Tenancy
Multi
Listing Agency:
Gulf Atlantic Realty
Listed By:
Joe Gibbons · License #FL
Source:
Crexi
Added: Jun 3
Changed: Oct 13
Last Checked: Oct 19 at 7:26AM
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 Gulf Atlantic Realty
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Investment Insights
Based on property information with market context.
This new construction property is a six-unit townhome community featuring contemporary architectural elevations. Each residence is designed with flexible multi-level floor plans and open-concept kitchen and living areas. The townhomes include three bedrooms and three baths, providing a consistent unit mix across the community.
The development is located at 2019 E Genesee Street in Tampa, Florida. The offering is specifically presented as a townhome community built by Gulf Bay Builders, with modern design elements intended for both homeowners and investors.
For buyers looking at a small multifamily income strategy or a managed residential investment, the uniform layout and three-bedroom, three-bath configuration can simplify positioning and operations compared with a more varied building mix. For owner-occupants, the property provides modern, multi-level townhome living within a dedicated six-unit community setting.
The development is located at 2019 E Genesee Street in Tampa, Florida. The offering is specifically presented as a townhome community built by Gulf Bay Builders, with modern design elements intended for both homeowners and investors.
For buyers looking at a small multifamily income strategy or a managed residential investment, the uniform layout and three-bedroom, three-bath configuration can simplify positioning and operations compared with a more varied building mix. For owner-occupants, the property provides modern, multi-level townhome living within a dedicated six-unit community setting.
Key Highlights
- New construction 6‑unit townhome community at 2019 E Genesee Street in Tampa, Florida
- Year built: 2026
- Each townhome features flexible multi‑level floor plans with open‑concept kitchen and living areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,389
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,587,780
$1.6M
Cap Rate 7%
$1,134,129
$1.1M
Cap Rate 9%
$882,100
$882.1K
Market Conditions
NOI Build-Up for 7,800 SF
Gross rent
$155.4K $19.92/SF
− Vacancy
−$11.0K −$1.41/SF
EGI
$144.3K $18.51/SF
− OpEx
−$65.0K −$8.33/SF
NOI
$79.4K $10.18/SF
Area
ZIP 33610
Vacancy
7.10%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,587,780
Cap Rate 7%
$1,134,129
Cap Rate 9%
$882,100
Alternative Uses
Best Use
Apartment 5plus
$1.13M
$992.4K – $1.32M
NOI $79,389 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.80M
$1.57M – $2.10M
NOI $125,929 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
568
Businesses Nearby
Explore this area
Business Placement
Demographics for 33610, FL
45,218
Population
17,995
Households
2.5
Avg Household Size
34
Median Age
19%
College-Educated
82%
High-School Grad
18.0 sq mi
ZIP Area
2,512
Density / Sq Mi
$49,765
Median Household Income
$34,773
Median Earnings
$1,307
Median Rent
$210,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Newly constructed six-unit townhome community with modern multi-level layouts and three-bedroom, three-bath residences.
Where is this apartment building located?
The property is located at 2019 E Genesee 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: New construction 6‑unit townhome community at 2019 E Genesee Street in Tampa, Florida; Year built: 2026; Each townhome features flexible multi‑level floor plans with open‑concept kitchen and living areas
