Two-Unit Duplex Under
New
For Sale
$1,199,000
2707 E 22ND Avenue, Tampa, FL 33605
Residential Income, TAMPA, FL
Property Size5,037 SF
Lot Size0.11 Acres
Price / SF$238.04
Days on Market3
Property Features for 2707 E 22ND Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
RM-16
Bedrooms
8
Bathrooms
8
Full bathrooms
8
Rooms
Bathroom 6, Bedroom 1, Bedroom 8, Bedroom 6, Bedroom 2, Bathroom 8, Bathroom 3, Bathroom 1, Bedroom 7, Bedroom 4, Bathroom 7, Bathroom 4, Bathroom 5, Bathroom 2, Bedroom 5, Bedroom 3
Pets allowed
Yes, Cats OK, Dogs OK
Interior features
High Ceilings, Split Bedroom, Thermostat, Walk-In Closet(s)
Exterior features
Fence
Fencing
Fenced
Appliances
Dishwasher, Microwave, Range, Refrigerator
Subdivision
CAMPOBELLO BLOCKS 31 TO 45
Lot features
City Limits, Paved
Elementary school
Potter-HB
Middle school
Sligh-HB
High school
Middleton-HB
Directions
E. Columbus Drive, head north on N. 26th Street. Turn right onto E. 22nd Avenue and continue to 2707 E. 22nd Avenue.
Standard status
Active
APN
A-08-29-19-4VK-000045-00003.0
Size
5,037 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CAMPOBELLO BLOCKS 31 TO 45 LOT 3 BLOCK 45
Tax Annual Amount
1190
Legal Description
CAMPOBELLO BLOCKS 31 TO 45 LOT 3 BLOCK 45
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Floors in Building
3
Flooring type
Vinyl
Building materials
Stucco
Roof type
Membrane
Listing Agency:
POWER REAL ESTATE GROUP LLC
Listed By:
Celina Weathersby · License #3459962
(813) 454-8041
Added: Oct 9
Changed: Oct 11
Last Checked: Oct 11 at 11:06PM
MLS# TB8556601
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.
Under construction on a 0.11-acre parcel, this duplex is planned with two three-story residences totaling 5,037 square feet. Each unit has 2,518.5 heated square feet, four bedrooms, and four full bathrooms. The first floor includes a bedroom, full bath, and garage access; the second combines kitchen, dining, and living areas with a pantry, laundry space, another bedroom, and a full bath. Two bedroom suites, each with a private bathroom and walk-in closet, plus an open loft occupy the third floor. A private one-car garage and fenced backyard serve each residence. Completion is anticipated in November 2026.
The property is near historic Ybor City and Downtown Tampa, with access to I-4 and I-275. RM-16 zoning is stated for the property. Public water and sewer are available, and the residences have separate electrical and water meters.
The property is near historic Ybor City and Downtown Tampa, with access to I-4 and I-275. RM-16 zoning is stated for the property. Public water and sewer are available, and the residences have separate electrical and water meters.
Key Highlights
- Two residences totaling 5,037 square feet; 2,518.5 heated square feet per unit
- Each unit is designed with 4 bedrooms and 4 full bathrooms
- Three‑story layouts include an open second‑floor living area and a third‑floor loft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,794
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,175,880
$1.2M
Cap Rate 7%
$839,914
$839.9K
Cap Rate 9%
$653,267
$653.3K
Market Conditions
NOI Build-Up for 5,037 SF
Gross rent
$90.1K $17.88/SF
− Vacancy
−$6.1K −$1.21/SF
EGI
$84.0K $16.67/SF
− OpEx
−$25.2K −$5.00/SF
NOI
$58.8K $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%
$1,175,880
Cap Rate 7%
$839,914
Cap Rate 9%
$653,267
Alternative Uses
Best Use
Multifamily LT 5
$839.9K
$734.9K – $979.9K
NOI $58,794 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$780.9K
$683.3K – $911.1K
NOI $54,664 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,143 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
617
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has its own garage, fenced backyard, and separate electrical and water meters.
Where is this duplex located?
The property is located at 2707 E 22ND Avenue Tampa, FL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Two residences totaling 5,037 square feet; 2,518.5 heated square feet per unit; Each unit is designed with 4 bedrooms and 4 full bathrooms; Three‑story layouts include an open second‑floor living area and a third‑floor loft
