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Duplex with 3-Bedroom Townhome Units

3330-3332 W HEITER STREET Tampa, FL 33607

3330-3332 W HEITER STREET, Tampa, FL, 33607
$699,999
Pending
For Sale
$699,999
Pending

Two 3-bedroom, 2-bath units with fenced backyards and 1-car garages; roof and HVAC replaced in 2023.

Property Size2,020 SF
Days on Market564

Property Features for 3330-3332 W HEITER STREET

General Information

Standard status
Pending
Size
2,020 SF
Property subtype
Multi Family

Building Details

Year Built
2007
Listing agency THE SOMERDAY GROUP PL
Listed by Nidya Rojas · License #3567400
Source Exitrealty
Added: Jan 4, 2025 Updated: Jul 21 at 1:19PM Checked: Jul 22 at 7:55AM

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 THE SOMERDAY GROUP PL


Investment Insights

Based on property information with market context.

This duplex features two separate units, each arranged as a townhome with three bedrooms and two bathrooms. Both units include a 1-car garage and a fully fenced-in private backyard. The property also states a brand-new roof and HVAC installed in 2023, with no flood zone and no HOA.

Located at 3330-3332 W Heiter Street in Tampa (33607), the home is described as less than half a mile from Hillsborough Community College. The remarks also note convenient access to Tampa International Airport, International Plaza, I-275, and Downtown Tampa.

The listing indicates each unit is deemed as a townhome by the county and may be re-zoned after purchase. It further notes the property is short-term rental friendly and is also offered with 100% financing and FHA loan eligibility. The remarks mention an identical twin duplex next door that is also for sale, with bulk pricing available if purchased together.

Key Highlights

  • 2007‑built duplex with 2 units, each offering 3 bedrooms and 2 bathrooms
  • Each unit includes a 1‑car garage and a fully fenced private backyard
  • Roof and HVAC replaced in 2023

Local Financial Insights For Multifamily LT 5

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 $36.1k $17.88
− Vacancy −$2.4k −$1.21
EGI $33.7k $16.67
− OpEx −$10.1k −$5.00
NOI $23.6k $11.67
2,020 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$336.8K
$294.7K – $393.0K (±1% cap)
NOI $23,578 @ 7.0% cap · market cap 3.37%
Second Best
Apartment 5plus
$313.2K
$274.0K – $365.4K (±1% cap)
NOI $21,922 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$470.6K
$411.8K – $549.0K (±1% cap)
NOI $32,942 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Locksmith (Bike/Boat/Book/etc) Store Restaurant Plumbing Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two 3-bedroom, 2-bath units with fenced backyards and 1-car garages; roof and HVAC replaced in 2023.
Where is this duplex located?
The property is located at 3330-3332 W HEITER STREET Tampa, FL.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: 2007‑built duplex with 2 units, each offering 3 bedrooms and 2 bathrooms; Each unit includes a 1‑car garage and a fully fenced private backyard; Roof and HVAC replaced in 2023
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