Two-Unit Block
3403 TEMPLE ST, Tampa, FL 33619
For Sale
$370,000
Separate front and rear residences are occupied by tenants, with solar panels installed.
Property Size1,418 SF
Price / SF$260.93
Days on Market127
Property Features for 3403 TEMPLE ST
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
THE BURNS REALTY GROUP
Listed By:
Theron Burns
(813) 647-0182
Source:
Frankalbertrealty
Added: Jul 7
Changed: Nov 7
Last Checked: Nov 9 at 5:37PM
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 BURNS REALTY GROUP
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Investment Insights
Based on property information with market context.
This 1,418-square-foot block duplex contains two distinct residences: a front unit with three bedrooms and one and one-half bathrooms, and a rear unit with two bedrooms and one bathroom. Solar panels are installed, and the property was built in 1959. Both units have tenants in place.
Key Highlights
- Two‑unit duplex with tenants in place
- Front residence: 3 bedrooms and 1 1/2 bathrooms
- Rear residence: 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,551
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,020
$331.0K
Cap Rate 7%
$236,443
$236.4K
Cap Rate 9%
$183,900
$183.9K
Market Conditions
NOI Build-Up for 1,418 SF
Gross rent
$25.4K $17.88/SF
− Vacancy
−$1.7K −$1.21/SF
EGI
$23.6K $16.67/SF
− OpEx
−$7.1K −$5.00/SF
NOI
$16.6K $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%
$331,020
Cap Rate 7%
$236,443
Cap Rate 9%
$183,900
Alternative Uses
Best Use
Multifamily LT 5
$236.4K
$206.9K – $275.9K
NOI $16,551 @ 7.0% cap · market cap 4.47%
Second Best
Apartment 5plus
$219.8K
$192.4K – $256.5K
NOI $15,389 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$330.4K
$289.1K – $385.4K
NOI $23,125 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
319
Businesses Nearby
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Business Placement
Demographics for 33619, FL
39,881
Population
15,360
Households
2.6
Avg Household Size
35
Median Age
23%
College-Educated
83%
High-School Grad
27.5 sq mi
ZIP Area
1,450
Density / Sq Mi
$63,193
Median Household Income
$38,448
Median Earnings
$1,618
Median Rent
$220,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Tampa, FL
Properties on Market for Duplexes in Tampa
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate front and rear residences are occupied by tenants, with solar panels installed.
Where is this duplex located?
The property is located at 3403 TEMPLE ST Tampa, FL.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Two‑unit duplex with tenants in place; Front residence: 3 bedrooms and 1 1/2 bathrooms; Rear residence: 2 bedrooms and 1 bathroom
