One-Story Duplex with Fenced
For Sale
$699,999
Pending
2313 E COLUMBUS Drive, Tampa, FL 33605
MULTI_FAMILY - TAMPA, FL
Property Size2,360 SF
Lot Size0.10 Acres
Days on Market288
Property Features for 2313 E COLUMBUS Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
RM-24
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 1, Dining Room, Bedroom 6, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 3
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan
Exterior features
Fence, Lighting, Rain Gutters
Fencing
Fenced
Subdivision
STIGGINS REP
Directions
From-I-4, north on 22nd st, Left on 17th Ave, to Property on corner.
Standard status
Pending
APN
A-17-29-19-4WE-000000-00004.0
Size
2,360 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
STIGGINS REPLAT LOT 4
Tax Annual Amount
1048
Legal Description
STIGGINS REPLAT LOT 4
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
patio
private fenced-in yard
Building Details
Year built
2025
Number of units
2
Building materials
Block, Frame
Roof type
Shingle
Listing Agency:
KELLER WILLIAMS SOUTH TAMPA · Keller Williams Realty
(813) 875-3700
Listed By:
Aldo Delacruz · License #3324423
(813) 505-3625
Added: Nov 3, 2025
Changed: Aug 17
Last Checked: Aug 18 at 4:06AM
MLS# TB8444385
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 under-construction duplex contains two one-story residences within 2,360 square feet. Each unit includes three bedrooms, an open floor plan, a combined living and dining area, and a kitchen with light cabinetry, quartz countertops, and a counter-height island. Large window walls connect the family rooms to expansive patios and private fenced yards. Impact glass windows and doors, block and frame construction, central heating and cooling, rain gutters, and a shingle roof are among the property features. The property is scheduled as a 2025 build and is served by public water and public sewer. RM-24 zoning applies, and no HOA restrictions are identified.
Located at 2313 E Columbus Drive in Tampa’s historic Ybor City, the duplex is approximately 5 minutes from Downtown Tampa and 15 minutes from Tampa International Airport. Cable is available, and exterior improvements include fencing and lighting.
Located at 2313 E Columbus Drive in Tampa’s historic Ybor City, the duplex is approximately 5 minutes from Downtown Tampa and 15 minutes from Tampa International Airport. Cable is available, and exterior improvements include fencing and lighting.
Key Highlights
- Duplex totals 2,360 square feet with two one‑story units
- Each residence includes 3 bedrooms and an open living and dining layout
- RM‑24 zoning with no HOA restrictions identified
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,547
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$550,940
$550.9K
Cap Rate 7%
$393,529
$393.5K
Cap Rate 9%
$306,078
$306.1K
Market Conditions
NOI Build-Up for 2,360 SF
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.
Gross rent
$42.2K $17.88/SF
− Vacancy
−$2.8K −$1.21/SF
EGI
$39.4K $16.67/SF
− OpEx
−$11.8K −$5.00/SF
NOI
$27.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$550,940
Cap Rate 7%
$393,529
Cap Rate 9%
$306,078
Alternative Uses
Best Use
Multifamily LT 5
$393.5K
$344.3K – $459.1K
NOI $27,547 @ 7.0% cap · market cap 3.94%
Second Best
Apartment 5plus
$365.9K
$320.2K – $426.9K
NOI $25,612 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$549.8K
$481.1K – $641.5K
NOI $38,487 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,021
Businesses Nearby
Explore this area
Business Placement
Demographics for 33605, FL
18,243
Population
8,994
Households
2
Avg Household Size
36
Median Age
21%
College-Educated
79%
High-School Grad
7.8 sq mi
ZIP Area
2,339
Density / Sq Mi
$36,790
Median Household Income
$35,889
Median Earnings
$1,122
Median Rent
$235,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences provide open living areas, private outdoor space, and contemporary kitchen finishes without HOA restrictions.
Where is this duplex located?
The property is located at 2313 E COLUMBUS Drive Tampa, FL.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Duplex totals 2,360 square feet with two one‑story units; Each residence includes 3 bedrooms and an open living and dining layout; RM‑24 zoning with no HOA restrictions identified
