Multi-Family 5+ 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 Market309
Property Features for 2806 N TAMPA STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM-16
- Bedrooms
- 18
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- 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 12, 2025 Checked: Jul 17 at 4:06 pm
MLS# TB8427112
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 package consists of five parcels totaling 11 residential units. The property is presented as a single 5-parcel group under RM-16 zoning, providing one buyer with multiple holdings to manage as a consolidated acquisition.
The addresses are in Tampa, Florida 33602, specifically at 2806 N Tampa Street. The offering is positioned near Armature Works and the Tampa Riverwalk, with quick access described to I-275 and I-4, and proximity to Raymond James Stadium.
For tenants, the asset’s core value is straightforward: existing residential units within a multi-parcel configuration. For buyers and operators, the package format can support an end-to-end management approach across the 11 units while allowing flexibility tied to the noted re-development intent included with the listing. The seller also states, “Owner will not evict,” which may be relevant to a purchaser’s near-term transition planning. Please note that all parcels and unit configuration details should be confirmed through due diligence prior to closing.
The addresses are in Tampa, Florida 33602, specifically at 2806 N Tampa Street. The offering is positioned near Armature Works and the Tampa Riverwalk, with quick access described to I-275 and I-4, and proximity to Raymond James Stadium.
For tenants, the asset’s core value is straightforward: existing residential units within a multi-parcel configuration. For buyers and operators, the package format can support an end-to-end management approach across the 11 units while allowing flexibility tied to the noted re-development intent included with the listing. The seller also states, “Owner will not evict,” which may be relevant to a purchaser’s near-term transition planning. Please note that all parcels and unit configuration details should be confirmed through due diligence prior to closing.
Key Highlights
- Prime Tampa Heights Location: Situated in a rapidly growing, highly desirable neighborhood.
- Income‑Producing Property: Generates immediate cash flow with 11 units and rental income.
- Development Opportunity: 5‑parcel package offers potential for future development projects.
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
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FAQs
What type of property is this?
Apartment building - Five-parcel multifamily package with 11 units, zoned RM-16, offered as an income and re-development opportunity.
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: Situated in a rapidly growing, highly desirable neighborhood.; Income‑Producing Property: Generates immediate cash flow with 11 units and rental income.; Development Opportunity: 5‑parcel package offers potential for future development projects.
