Modern Duplex with Fenced
For Sale
$749,999
2801 E 19TH AVENUE, Tampa, FL 33605
Two-story units feature open layouts, quartz kitchen counters, and first-floor primary suites.
Property Size3,332 SF
Days on Market206
Property Features for 2801 E 19TH AVENUE
General Information
Standard status
Active
Size
3,332 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/3BA
Multifamily Units
2
Amenities
Central
Central Air
Electricity Connected, Shingle
Building Details
Building Size
3,332 SF
Year Built
2026
Listing Agency:
Keller Williams South Tampa
(813) 505-3625
Listed By:
Aldo Delacruz · License #3324423
(813) 505-3625
Source:
Kw
Added: Feb 6
Changed: Aug 30
Last Checked: Aug 31 at 12:22AM
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 Keller Williams South Tampa
Investment Insights
Based on property information with market context.
This 2026-built duplex includes two residential units, each offering 3 bedrooms, 3 baths, and 1,666 square feet. Both residences use a two-level plan with a primary suite and kitchen on the first floor, plus two upstairs bedrooms. Interior features include open living areas, light-finish cabinetry, quartz countertops, walk-in pantries, impact glass windows and doors, and primary bathrooms with walk-in showers, double vanities, and walk-in closets. Each unit also has a private fenced yard, and the property carries a one-year warranty.
The property is in Ybor City, 2 miles from downtown. Additional details include shower niches and painted garage floors, adding practical finishes throughout the building.
The property is in Ybor City, 2 miles from downtown. Additional details include shower niches and painted garage floors, adding practical finishes throughout the building.
Key Highlights
- Duplex with two units, each measuring 1,666 sq ft
- Each unit includes 3 bedrooms and 3 baths
- 2026 construction with a one‑year warranty
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
$38,893
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
5.19%
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%
$777,860
$777.9K
Cap Rate 7%
$555,614
$555.6K
Cap Rate 9%
$432,144
$432.1K
Market Conditions
NOI Build-Up for 3,332 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
$59.6K $17.88/SF
− Vacancy
−$4.0K −$1.21/SF
EGI
$55.6K $16.67/SF
− OpEx
−$16.7K −$5.00/SF
NOI
$38.9K $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%
$777,860
Cap Rate 7%
$555,614
Cap Rate 9%
$432,144
Alternative Uses
Best Use
Multifamily LT 5
$555.6K
$486.2K – $648.2K
NOI $38,893 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$516.6K
$452.0K – $602.7K
NOI $36,161 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$776.3K
$679.2K – $905.6K
NOI $54,338 @ 7.0% cap · market cap 7.25%
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
1,123
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-story units feature open layouts, quartz kitchen counters, and first-floor primary suites.
Where is this duplex located?
The property is located at 2801 E 19TH AVENUE Tampa, FL.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: Duplex with two units, each measuring 1,666 sq ft; Each unit includes 3 bedrooms and 3 baths; 2026 construction with a one‑year warranty
