New 6-Unit Townhome
2019 E Genesee Street Tampa, FL 33610
2019 E Genesee Street, Tampa, FL, 33610
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For Sale
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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 Market50
Property Features for 2019 E Genesee Street
General Information
- Standard status
- Active
- Size
- 7,800 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2026
Listing agency
Gulf Atlantic Realty
Listed by
Joe Gibbons · License #FL
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 9:22AM
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
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
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 | $155.4k | $19.92 |
| − Vacancy | −$11.0k | −$1.41 |
| EGI | $144.3k | $18.51 |
| − OpEx | −$65.0k | −$8.33 |
| NOI | $79.4k | $10.18 |
7,800 SF · lease $19.92/SF/yr · vacancy 7.10% · expense 45.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
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
