2806 N TAMPA STREET, Tampa, FL 33602
Multi-Family 5+ - TAMPA, FL
- Added:
- Sep 10, 2025
- Days on Market:
- 295
- Last Refresh:
- Jul 1 at 3:06 pm
Property Features for 2806 N TAMPA STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- RM-16
- Standard status
- Active
- APN
- A-12-29-18-4R5-000007-00001.0
- Size
- 7,942 SF
- Lot size
- 0.42 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 14541
Utilities
- Heating system
- Ductless (Heating)
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1945
- Number of units
- 11
- Flooring type
- Carpet, Vinyl
- Building materials
- Frame, Stucco
- Roof type
- Metal, Shingle
- Architectural style
- Other
Listing agent Eddie Serralles License #508984 (813) 610-1563
Listing office SERRALLES GROUP,INC 2324 N. Highland Ave., Tampa, FL (813) 307-0007
Listing date Sep 10, 2025
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.
HighLights
- Prime Tampa Heights location, a rapidly growing and desirable neighborhood.
- Income‑producing property with 11 units and current rents from $1,400-$2,200.
- Development opportunity on 5 parcels of land.
- Close proximity to Armature Works, Tampa Riverwalk, and the Hillsborough River.
- Excellent access to I‑275 and I‑4, providing easy commutes to downtown, Midtown, and Seminole Heights.
- Strong rental upside potential due to neighborhood growth.
Overview
The seller describes the location as Tampa Heights, with proximity to Armature Works, the Tampa Riverwalk, and the Hillsborough River. The remarks also note quick access to I-275 and I-4 and a location near Raymond James Stadium, positioning the package between downtown, Midtown, and Seminole Heights.
This configuration can fit buyers seeking a small-scale, parcel-based multifamily asset with existing rental income and the ability to plan across multiple parcels under the RM-16 zoning framework. The listing notes “May not assign” and that the seller will not evict.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $168.7k | $21.24 |
| − Vacancy | −$12.0k | −$1.51 |
| EGI | $156.7k | $19.73 |
| − OpEx | −$70.5k | −$8.88 |
| NOI | $86.2k | $10.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.461137
- Latitude
- 27.96898