Two-Unit
For Sale
$320,000
3014 N 48th Street, Tampa, FL 33605
Two matching residences each provide a two-bedroom, one-bath layout with natural light and practical living space.
Property Size1,328 SF
Price / SF$240.96
Days on Market98
Property Features for 3014 N 48th Street
General Information
Standard status
Active
Size
1,328 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Highland Pines Community Task Force, Inc.
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,282
Listing Agency:
BROOKS REALTY GROUP LLC
(813) 653-7291
Listed By:
Travis Brooks · License #3144299
(813) 928-0506
Source:
Exprealty
Added: Jul 23
Changed: Oct 27
Last Checked: Oct 27 at 3:38AM
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 BROOKS REALTY GROUP LLC
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Investment Insights
Based on property information with market context.
This duplex contains two 2-bedroom, 1-bath units, totaling 1,328 square feet. Each residence has a functional floor plan, generously sized bedrooms, comfortable living areas, and natural light. The two-unit configuration supports leasing both residences or occupying one while renting the other.
The property is at 3014 N 48th Street in Tampa, near Downtown Tampa and Ybor City. Major highways, shopping, dining, schools, and public transportation are also described as minutes away.
The property is at 3014 N 48th Street in Tampa, near Downtown Tampa and Ybor City. Major highways, shopping, dining, schools, and public transportation are also described as minutes away.
Key Highlights
- Two 2‑bedroom, 1‑bath units
- 1,328 square feet total
- Each unit includes functional living areas and naturally lit rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,501
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,020
$310.0K
Cap Rate 7%
$221,443
$221.4K
Cap Rate 9%
$172,233
$172.2K
Market Conditions
NOI Build-Up for 1,328 SF
Gross rent
$23.7K $17.88/SF
− Vacancy
−$1.6K −$1.21/SF
EGI
$22.1K $16.67/SF
− OpEx
−$6.6K −$5.00/SF
NOI
$15.5K $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 Rate 5%
$310,020
Cap Rate 7%
$221,443
Cap Rate 9%
$172,233
Alternative Uses
Best Use
Multifamily LT 5
$221.4K
$193.8K – $258.4K
NOI $15,501 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$205.9K
$180.2K – $240.2K
NOI $14,412 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$309.4K
$270.7K – $361.0K
NOI $21,657 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences each provide a two-bedroom, one-bath layout with natural light and practical living space.
Where is this duplex located?
The property is located at 3014 N 48th Street Tampa, FL.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; 1,328 square feet total; Each unit includes functional living areas and naturally lit rooms
