Multi-Family Five-Parcel
2806 N TAMPA STREET Tampa, FL 33602
2806 N TAMPA STREET, Tampa, FL, 33602
$1,599,000
For Sale
$1,599,000
Multi-Family 5+ - TAMPA, FL
Property Size7,942 SF
Lot Size0.42 Acres
Price / SF$201.33
Days on Market311
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 Agency
SERRALLES GROUP,INC
(813) 307-0007
2324 N. Highland Ave., Tampa, FL
Listed by
Eddie Serralles · License #508984
(813) 610-1563
Added: Sep 10, 2025 Checked: Jul 17 at 4:06 pm
MLS# TB8426344
Listing URL
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.
This for-sale multifamily offering consists of a five-parcel package at 2806 N Tampa Street in Tampa, FL 33602, totaling 11 units. The property is zoned RM-16 and is listed at approximately 0.42 acres with a total property size of 7,942 square feet. The current rent range is stated as $1,400–$2,200 per unit.
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.
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.
Key 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.
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 |
7,942 SF · lease $21.24/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.23M
$1.08M – $1.44M
NOI $86,191 @ 7.0% cap · market cap 5.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,518 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Five-parcel multifamily package totaling 11 units, zoned RM-16, with convenient access to key Tampa corridors.
Where is this apartment building located?
The property is located at 2806 N TAMPA STREET Tampa, FL.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: 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.
