Duplex with Private
For Sale
$765,000
2801 BURTS AVE, Tampa, FL 33614
One residence is vacant, while the second is tenant occupied, offering two distinct occupancy arrangements.
Property Size2,666 SF
Price / SF$286.95
Days on Market37
Property Features for 2801 BURTS AVE
General Information
Standard status
Active
Size
2,666 SF
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1.5BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$12,609
Amenities
private in-ground pool
screened-in lanai
spacious backyard
Building Details
Building Size
2,666 SF
Year Built
1978
Year Renovated
2023
Buildings
1
Listing Agency:
REALNET BROKERAGE
Listed By:
Ivonne Alvarez · License #3328406
(727) 753-8555
Source:
Tampabaykey
Added: Sep 26
Changed: Oct 31
Last Checked: Oct 31 at 2:24PM
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 REALNET BROKERAGE
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Investment Insights
Based on property information with market context.
This 2,666-square-foot duplex contains two residential units within one building. Unit A has three bedrooms and two bathrooms; Unit B has two bedrooms and one-and-a-half bathrooms. Both units were remodeled in 2023. The larger residence is vacant and features updated flooring, fresh paint, an open living area, and a screened lanai. The second unit is occupied by a tenant.
The property, built in 1978, includes a backyard and an in-ground pool. It is located in Tampa, Florida, and is designated as outside a flood zone.
The property, built in 1978, includes a backyard and an in-ground pool. It is located in Tampa, Florida, and is designated as outside a flood zone.
Key Highlights
- 2,666‑square‑foot duplex with two residential units
- Unit A: 3 bedrooms and 2 bathrooms; vacant
- Unit B: 2 bedrooms and 1.5 bathrooms; tenant occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,119
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,380
$622.4K
Cap Rate 7%
$444,557
$444.6K
Cap Rate 9%
$345,767
$345.8K
Market Conditions
NOI Build-Up for 2,666 SF
Gross rent
$47.7K $17.88/SF
− Vacancy
−$3.2K −$1.21/SF
EGI
$44.5K $16.67/SF
− OpEx
−$13.3K −$5.00/SF
NOI
$31.1K $11.67/SF
Area
ZIP 33614
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%
$622,380
Cap Rate 7%
$444,557
Cap Rate 9%
$345,767
Alternative Uses
Best Use
Multifamily LT 5
$444.6K
$389.0K – $518.7K
NOI $31,119 @ 7.0% cap · market cap 4.07%
Second Best
Apartment 5plus
$350.3K
$306.5K – $408.7K
NOI $24,519 @ 7.0% cap · market cap 3.21%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,529
Businesses Nearby
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Business Placement
Demographics for 33614, FL
47,695
Population
19,660
Households
2.4
Avg Household Size
39
Median Age
23%
College-Educated
78%
High-School Grad
9.7 sq mi
ZIP Area
4,917
Density / Sq Mi
$51,143
Median Household Income
$31,350
Median Earnings
$1,399
Median Rent
$295,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is vacant, while the second is tenant occupied, offering two distinct occupancy arrangements.
Where is this duplex located?
The property is located at 2801 BURTS AVE Tampa, FL.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: 2,666‑square‑foot duplex with two residential units; Unit A: 3 bedrooms and 2 bathrooms; vacant; Unit B: 2 bedrooms and 1.5 bathrooms; tenant occupied
