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Duplex with Fenced Yards
For Sale
$779,900
Pending

2613 E 23rd Avenue 1/2, Tampa, FL 33605

Two separate residences provide individual outdoor space, with no HOA restrictions.

Property Size3,231 SF
Days on Market16

Property Features for 2613 E 23rd Avenue 1/2

General Information

Standard status Pending
Size 3,231 SF
Property subtype Residential Income
Zoning RM-16

Site & Location

Neighborhood North Ybor Neighborhood Association

Units

Unit Mix 2 x 3BR/2.5BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $12,362

Amenities

true
6
false
Electric Dryer Hookup,Laundry Closet,Laundry Room
Public Records
Ceiling Fan(s),High Ceilings,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,PrimaryBedroom Upstairs,Walk-In Closet(s)
Public
4750
2
0.11
Concrete
Balcony,Fenced,French Doors,Irrigation System,Lighting,Sliding Doors,Sprinkler Metered
Slab

Building Details

Year Built 2023
Listing Agency: COLDWELL BANKER REALTY
Listed By: Danny Saiz
Source: Wealthhavenrealty
Added: Oct 17 Changed: Oct 29 Last Checked: Oct 29 at 2:50PM

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 COLDWELL BANKER REALTY

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 2023, this duplex contains two residences, each with three bedrooms and 2.5 bathrooms. Both homes have open-plan living areas, upstairs primary suites, walk-in closets, and kitchens with quartz counters and walk-in pantries. Fenced yards, impact-resistant windows and doors, and lawn irrigation add practical features to each residence. The property is zoned RM-16.

The Tampa property is approximately five minutes from Ybor City and ten minutes from downtown Tampa. Tampa International Airport and International Mall are about 15 minutes away, while downtown St. Petersburg is approximately 30 minutes away.

Key Highlights

  • Two residences, each with 3 bedrooms and 2.5 bathrooms
  • Built in 2023
  • RM‑16 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,714
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$754,280 $754.3K
Cap Rate 7%
$538,771 $538.8K
Cap Rate 9%
$419,044 $419.0K
Market Conditions
NOI Build-Up for 3,231 SF
Gross rent
$57.8K $17.88/SF
− Vacancy
−$3.9K −$1.21/SF
EGI
$53.9K $16.67/SF
− OpEx
−$16.2K −$5.00/SF
NOI
$37.7K $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%
$754,280
Cap Rate 7%
$538,771
Cap Rate 9%
$419,044

Alternative Uses

Best Use
Multifamily LT 5
$538.8K
$471.4K – $628.6K (±1% cap)
NOI $37,714 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$500.9K
$438.3K – $584.4K (±1% cap)
NOI $35,065 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$752.7K
$658.6K – $878.2K (±1% cap)
NOI $52,691 @ 7.0% cap · market cap 6.76%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

569
Businesses Nearby

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

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

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences provide individual outdoor space, with no HOA restrictions.
Where is this duplex located?
The property is located at 2613 E 23rd Avenue 1/2 Tampa, FL.
What is the asking price?
The asking price for this property is $779,900.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2.5 bathrooms; Built in 2023; RM‑16 zoning
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Includes: Price & PSF · Cap rate · Location · Zoning

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